
Sunday, October 24, 1999
Automatic nod for FDI soon -- FM
The government will soon make foreign direct investment approvals automatic virtually in all sectors and set up a implementation authority for speeding up such projects, Finance Minister Yashwant Sinha said yesterday.

DPs to provide kiosk facility
Depository participants (DPs) are now proposing to set up kiosks with internet facility to allow their clients (investors) to view their portfolio or even know the updated value of their portfolios held with the DP.

Indian American's networking firm makes hot debut on Nasdaq
The market debut of Sycamore Networks, a fibre optics networking firm, is being called the hottest of the year and has also vaulted its Indian American founder to the ranks of a billionaire.

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