
Sunday, July 11, 1999
Sinha dumps equity-swap method for disinvestment
Finance minister Yashwant Sinha on Saturday ruled out the crossholding route for meeting the Rs 10,000-crore disinvestment target set for this financial year.
Army has intruders on the run -- Vajpayee
Prime Minister Atal Behari Vajpayee declared here on Saturday that the Pakistani intrusion in Kargil has now been decisively turned back with most pockets having been already cleared.
Forty-six firms default on armed forces' FDs
Even as the Kargil conflict moves corporates to offering funds to the martyrs and their families, some companies have been reneging on the payments they owe to the Air Force and Naval Housing Board, which has placed fixed deposits with them.
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