The Indian Express -- Business

Sunday, June 1 1997

FOREX RATES INDICES STOCK

BSE signs MoU with CSE to expand BOLT

The Bombay Stock Exchange has signed a memorandum of understanding with the Calcutta Stock Exchange for expansion of trading network. Business is likely to commence in a month from once the necessary changes in byelaws of the exchanges are approved.

Safeguard duties for local industry soon

The government is considering levying "safeguard" duties to protect the domestic industry resulting from acceleration in the country's imports. Rules in this regard are being framed by the Union finance ministry.

MTNL should not raise funds for DoT

The resource raising function of the Department of Telecommunication should be taken away from the Mahanagar Telephone Nigam Ltd and be given to some other agency. This has been recommended in the report of the Disinvestment Commission presented to the government recently.

Daewoo net falls by 98 %

Companies vie for debt market

23 % rise in VSNL profit

Bizbits -- HFDC cuts interest rates

Panel for social growth soon

Kerb deals end

GDR market moves in narrow band

Time to look at FIs and banks closely

Ind Moti's rollover option flops

TN to guarantee power investment