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Saturday, July 25, 1998

Stick to export targets or face music, Hegde tells auto firms
The Centre on Friday warned automobile firms with foreign participation that import licences for auto components would be withdrawn if they failed to meet their export obligations.

Ceiling on shareholder voting rights in banks to be reviewed
Section 12(2) of the Banking Regulation Act, 1949, which stipulates the ceiling on voting rights of shareholders in a banking company, could possibly be amended once again.

Exim Bank unveils concessional funding for software development
The Export Import Bank of India on Friday announced a concessional finance scheme for software product development apart from a host of other measures to promote software service and exports.


The National Stock Exchange of India (NSE)

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Patel Roadways Limited


  Obuchi is Japan's new prime minister
  Singapore committed to Indonesia's plan -- Minister
  EICA meet to focus on key cotton issues
  CCI extends a friendly hand to traders
  Exim Bank keen to denominate export contracts in rupee terms
  US to raise emergency oil stockpile
  Nanjundappa resigns from disinvestment commission
  EICA's main task will be to streamline cotton sector
  Strong won hits South Korean aluminium
  Union cabinet clears Fema, money-laundering bills
  Habibie backs end to credit for bad banks, says IMF
  No application pending with NPPA
  Freight traffic decline to cost rlys Rs 196 crore
  Don't politicise economic issues -- Lakshman
  Executive Briefing
  Urban Land (Ceiling And Regulation) Bill
  Chemexcil welcomes setting up of cabinet committee
  Foreign car dealers by and large unhappy with Malaysia measures

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