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Monday, April 26, 1999

SBI may take lead in floating rate deposits
The State Bank of India is set to launch floating rate deposits shortly. This will help us manage our liabilities better says SBI chairman GG Vaidya.

ICICI Bank unveils tenor-linked PLR
ICICI Bank, a new generation private sector bank, introduced a tenor-linked prime lending rate (PLR) on Saturday, within hours of the Reserve Bank of India issuing detailed guidelines on such lending rates.

Delhi drama will slow down pace of economic reforms: Economists
The ongoing political drama has made economists pessimistic about the pace of economic reforms. While talking to The Financial Express, they expressed doubts on the continuance of the reform process in critical areas.

4 Harris Web-Offset Printing Machines for Sale


Cut your internet cost now! Netwatch

Sonia rules out support to Third Front government
Congress president Sonia Gandhi ruled out supporting a Third Front coalition Government from outside as mooted by Samajwadi Party, which is opposed to a Congress-led Government.

 


CORPORATE
Pepsi to experiment with contract farming on basmati, pulses
Andhra bid to improve grape quality, output

ECONOMY
High sales tax hits Bengal computer hardware business
Litigation against firm is a cumbersome process

EXPRESSIONS
Loss of stock-in-trade is a trading loss irrespective of accounting method used
One up for SET as UK regulator dismisses Zee's complaint

MARKETS
Ahmedabad bourse plans to restart bi-weekly clearing in futures
World steel prices buoyant but seen shortlived

LEISURE
Another virus threatens PCs this Monday
DoT, private basic firms refuse to share revenue with paging operators



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