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Tuesday, May 18, 1999

PFC plans maiden Rs 600 cr bond issue before polls
Power Finance Corporation (PFC) is planning to come out with its maiden Rs 600 crore public bonds issue before the polls scheduled to be held in September.

Corporates against MoF, FIs imposing governance code
Corporate captains have opposed against any code of corporate governance to be imposed by the Ministry of Finance (MoF) or the institutions and instead preferred the code to "evolve" on its own.

Siemens, SHV Energy plans gets FIPB nod
The Foreign Investment Promotion Board (FIPB) has approved 39 proposals, including pleas by Siemens Singapore and SHV Energy of Britain to acquire the entire shareholding of their respective joint Indian venture partners.



  Worried over Vajpayee's security, SPG seeks to ground Pawan Hans
  Jagmohan defends duty roll-back
  New Holland to buy Case for $4.3 bn
  Maruti to focus on western region
  Govt to be `liberal' about tax issues
  Govt clears decks for sugar, wheat exports
  Reuters, Dow Jones in business info venture
  Maruti's Euro-I compliant cars are only for NCR
  FDI inflow encouraging -- JP Morgan
  Bizbits
  Sensex plummets by 225 pts in intra-day session
  IT targets Indian cos for tax evasion
  CCEA may clear FDI in housing



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