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Sunday, July 11, 1999

FM rules out cross-holding to achieve divestment target
Finance minister Yashwant Sinha has ruled out cross-holding route for meeting the Rs 10,000 crore disinvestment target set for this financial year.

Gold crash hits India's forex reserves
The depreciating value of yellow metal is creating a big dent on India's foreign exchange reserves.

UTI ties up with Morley of UK
UTI has entered into a strategic alliance with London-based Morley Fund Management for joint ventures in Third World countries.



  Experts support UK gold sale
  Cheques & Balances
  Bombay Dyeing to sell 2 plants
  Bizbits
  ISPs in US offer free PC to woo customers
  GDR index rises to 52-wk high
  Recession fails to dampen fat pay packets of Indian corporates



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