The Indian Express -- Business

Friday, July 25 1997

FOREX RATES INDICES STOCK

Air India needs autonomy more than an MD

While government will be busy next week looking for a managing director for Air India, a thought that'll probably never cross their mind is that of giving the beleagured carrier genuine autonomy. In fact, while most of us are quick to condemn it, it's a wonder that Air India is projecting profits this year after its huge losses last year.

Reinsurance under IRA

The government has extended the scope of the Insurance Regulatory Authority to cover re-insurance business. To give effect to the suggestions accepted by the government, Finance Minister P Chidamabram has given notice of amendments to the IRA Bill, which was introduced in Lok Sabha in the Budget session.

Ford import plan off

The Centre has rejected US automobile giant Ford Motor Co's proposal to allow duty-free import of pre-fabricated building material for its 100% export oriented unit (EOU) in Chennai.

FDI approvals to double in 1997

Deadline for MAI talks extended

Bata profit soars in first half

Vaghela asks businessmen to invest in `politics'

SEBI blamed for poor primary market

ICICI scheme for odd-lot shares

INS meet moots committee for ad-media dialogue

SEBI approves BOLT expansion

Bizbits -- Colour-Chem to pay 108%

Selling pressure pares gains