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Thursday, March 11, 1999

RBI panel calls for cap on state govt guarantees
The technical committee on state government guarantees has called for a legislated ceiling on ballooning state government guarantees.

New tariff on hold to keep Mamata in fold
The government yesterday stayed the hike in phone tariffs announced by the Telecom Regulatory Authority of India (TRAI) yesterday, keeping in abeyance the order raising rentals and local call charges.

Sebi tightens disclosure norms for `software' cos
Sebi has decided to make it mandatory for companies -- who have changed their names to suggest software interest -- to reveal the income generated from software business in their quarterly results.


Inspirations furnishing fabrics


  Gupta, Khan clash over universal banking
  Goodyear infuses Rs 300 cr
  CBI probe into MSEB-Nairsons 'nexus' sought
  Sensex loses 40.74 points
  BNP unveils surprise offer for Paribas, SocGen
  Maruti sales bite dust as Uno zips past
  StanChart shuts shop in Amritsar, Goa, Calicut
  ICICI launches Rs 600 cr issue
  Corporate surcharge to go by year-end -- Sinha
  Baron ties up with Hitachi
  CAG pulls up Karntaka for revenue loss
  IOC freezes public issue plan
  United Airlines, Chatterjee form 50
  World small industry meet begins
  Bizbits



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