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Wednesday, August 4, 1999

Parliament nod must for telecom plan, says HC
The Delhi High Court on Tuesday observed that it would allow the implementation of the revenue-sharing package subject to ratification by the new Parliament.

Ficci moots steps to protect sugar sector from imports
In order to support the Indian sugar industry which is reeling under pressure due to large cheap imports, the Federation of Indian Chambers of Commerce and Industry (Ficci) has suggested a number of measures.

Fiscal deficit may rise by Rs 20,000 cr, says I-sec
The fiscal deficit in the current financial year is expected to increase by Rs 20,000 crore to Rs 100,000 crore, up from the budgeted fiscal deficit of Rs 80,000 crore, said the latest debt market report of ICICI Securities, released on Tuesday.


Corporate Results


  Indian monsoons unlikely to be hit by El Nino in future, says study
  State transporters stir enters second day, prices soar
  New Delhi to review decision to quit IJO
  Sugar industry may take legal recourse to Government indecision on levy price
  Moody's maintains negative outlook on banks as bad loans prove sticky
  Rural rich must be taxed -- Sitaram Yechury
  Institutions' sanctions drop 20.1% to Rs 7,406 cr in April-May 1999
  FIs counter Centre claim on exposure
  Direct selling market prospers with 62.25 per cent growth
  Congress to pitch on common man's concerns
  Telecom industry caught in a cleft
  Newsmaker
  Advani, Joshi, Khurana in BJP first list
  EC revises poll schedule, issues notification
  EC adjourns JD symbol dispute case to Aug 6
  Cong expected to finalise 100 candidates today
  NCP, SP in talks with Gowda-led JD
  Naidu's measures at transparency evoke enthusiastic response
  Briefing
  Executive Briefing
  SIMA urges Centre to restore excise duty on cotton yarn



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