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Friday, October 22, 1999

Cabinet paves way for derivatives trading
The Union cabinet has approved the much-awaited bill to allow derivatives trading on the stock exchanges.

TISCO profits drop 6.37% in first half
Tata Iron and Steel Company (TISCO), India's biggest private sector steel maker, on Thursday announced a 6.37% drop in net profit to Rs 90.18 crore in the first half of 1999-2000 from Rs 96.32 crore in the same period of last year.

Insurance staff plans strike
Insurance unions reacted in an expected manner by threatening to strike work in response to the Cabinet clearing the Insurance Regulatory Authority (IRA) Bill, paving way for the tabling up of the Insurance Bill in the Parliament.


Hindu Mythology

Corporate Results


  Sensex sheds 106 pts as FIIs press sales
  HPCL net profit up by 10.07 pc
  MRPL incurs Rs 83 cr loss
  OTCEI revamps listing norms to attract business
  Intelligent Enterprise exhibition in November
  Bizbits
  Key sectors to be Y2K-ready by Oct-end
  Lupin net up 30%
  HIL, Zip launch novel lucky draw scheme
  SBI Factors aims at Rs 900 cr turnover
  C-DAC launches new version of Indian language interface software
  Hoganas records growth in sales
  US cos eye Pune for setting up offices
  Brandspeak -- Pune



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