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Sunday, August 8, 1999

ICICI not to raise exposure to steel sector, says Kamath
ICICI will not increase its exposure any further to the steel industry, according to its chief executive officer KV Kamath.

Carryforward rates hover around 21%
With substantial financing available for the carryforward of positions and some reduction in the net outstanding position on Friday, the badla rates on the Bombay Stock Exchange (BSE) on Saturday remained around 21%, marginally lower compared with the rates in the previous Saturday.

`1,200 foreign militants cross Line of Control'
In a startling disclosure that will puncture the post-Kargil euphoria, BSF's Inspector General in Baramullah, AS Mangat, has claimed that over 1200 foreign militants have occupied the high ridges on the Indian side of the Line of Control (LoC).

Singapore : Be there for the celebration!


Taj Gift House

Corporate Results of over 2500 companies

`Surge in rural demand likely to see cement industry post 12% growth'
Domestic cement industry is likely to end the 1999-2000 financial year with an annual growth of about 12% due to surge in rural demand, according Cement Manufacturers Association (CMA) president Mohan Karnani.

 


CORPORATE
Reforms crucial to India's image -- Montek
State government appoints Subrahmaniam chairman of electricity regulatory panel

ECONOMY
Money supply up 18.5%
`Sacrifice does not mean submission'

EXPRESSIONS
Wildlife officials in the dock for supplying monkeys
Options to make Indian employees millionaires

MARKETS
Carryforward rates hover around 21%
Daewoo may raise $3.5 bn through alliance with GM

LEISURE
Designer do for Kargil martyrs
Kirloskar Brothers raises dividend to Rs 4.5 a share



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