Wednesday, May 5, 1999
CCEA clears Rs 100 cr IT venture fund
The government today announced setting up of an Rs 100 crore exclusive venture capital fund for the information technology sector in an effort to further boost its growth in the coming years, especially in the small scale sector.
Sensex vaults by 125 pts, crosses 3,500
The stock markets across the country staged a spirited rally with the Bombay Stock Exchange Sensitive Index (Sensex) shooting up by 125 points to close above the 3500-mark level.
MoF notifies exim provisions
Buoyed by double digit export growth in March this year, the government has finally acted swiftly after the passage of finance bill to notify the provisions of Exim policy to maintain the surge in exports.
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