
Friday, August 6, 1999
SBI proposes M&A financing
State Bank of India proposes to finance mergers and acquisitions once the requisite regulations are framed, its chairman GG Vaidya said here today.

VSNL cuts internet rates by 15%
In a major move aimed at upstaging MTNL and consolidating its position, Videsh Sanchar Nigam Ltd has slashed internet tariffs by 15% and introduced discounted packages for leased line and dial-up access.

Sensex sheds 42 points
After a better spell, pivotals on the Bombay Stock Exchange reacted today on emergence of profit-taking pushing the Sensex down by 43 points.

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