Saturday, August 21, 1999
Sinha rules out rise in tax rates to cover deficit
Finance Minister Yashwant Sinha has ruled out any hike in income and corporate tax rates in the next budget if BJP-led National Democratic Alliance was voted to power and said it will work for a national consensus to rein-in on fiscal deficit
MUL plans new models for each segment
With the introduction of the new models, Maruti Udyog Ltd plans to have a car at every Rs 20,000 price difference, the newly-appointed MUL managing director, Jagdish Khattar, said in a press conference yesterday.
Tata, Donnelley likely to split
The United States-based R R Donnelley and Tata Donnelley Ltd are in `discussion' for a possible split after.
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