Bad loans of banks skyrocket to Rs 58,000 cr
The gross non-performing assets - loans defaulted by borrowers - of all commercial banks (including public and private) soared to a whopping Rs 58,554 crore during the year ended March 1999.

US insurance cos want higher stake
American insurance companies sought majority equity stake in insurance joint ventures as compared to the present 26 per cent.

Intelligent Enterprise '99 begins today
Top companies from across the world will showcase their technologies and solutions at the Intelligent Enterprise '99 event which begins on Tuesday at Nehru Centre.

  Traders flay insertion of Section 24 in Sales Tax Act
  Green is the colour for the workplace
  A global strategy with India as partner
  Workshop for entrepreneurs
  GSSIC closure a major blow toco-op banks
  PM forms task force on pharma
  Vodafone to up stake in Mannesmann
  Stock market -- Sensex down by 44 points
  Bizbits
  17 PSBs make the grade for autonomy
  CM sells Mumbai as `gateway for investors'
  Bank spreads, profitability come under pressure
  Mankad mum on Gail pricing
  After 13 yrs, China to join WTO pact