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Wednesday, April 28, 1999

BJP wants normal powers for govt if polls are delayed
The outgoing BJP-led Government is keen on exercising normal powers to carry on its agenda if elections are not held in June. Minister for power and parliamentary affairs PR Kumaramangalam said.

Chary corporates may tighten election fund purse-strings
Money may not flow freely into the coffers of political parties for the forthcoming general elections as a recession-hit corporate India seems to be in no mood to dole out big money for the third time in the last 3 years.

ICICI retains lead over IDBI, IFCI in sanctions, disbursals
For the second successive year, term-lending institution ICICI has overtaken Industrial Development Bank of India (IDBI) in fiscal 1999 both in terms of sanctions and disbursals. It has shown charts depicting sanctions and disbursement figures of three insitutions--including IDBI and Industrial Finance Corporation of India (IFCI).

4 Harris Web-Offset Printing Machines for Sale


Cut your internet cost now! Netwatch

GIC D'Mat mopup misses Rs 100cr target on tepid response
The GIC D'Mat scheme has dramatically fallen short of its internal target of mobilising over Rs 100 crore. The scheme has managed to mobilise Rs 15 crore in the initial phase of its subscription.

 


CORPORATE
LG Electronics to invest additional $230 mn in India
BSES Kochi plant to go on stream in May

ECONOMY
`Punjab should encourage agricultural diversification'
Centre may have to shell out Rs 1,200 cr for polls

EXPRESSIONS
`Structural adjustment' and dismemberment of Yugoslavia
Prism Cement needs to improve volumes

MARKETS
Sidbi plans $50m venture fund
SEBI panel moots 1-year mandatory market-making for new issues

LEISURE
Eight cos bid for VSNL E-platform
IntelSat receives nine transponders from Insat-2E



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