
Monday, November 29, 1999
Insurance bill passage this week
The Indian government is aiming to get the Insurance bill passed in both houses of Parliament this week, Parliamentary Affairs Minister Pramod Mahajan said on Sunday.

Indian Bank MF investors to lose Rs 70 cr
Indian Bank, which is already saddled with huge losses, is in a quandary over its mutual fund subsidiary. Indian Bank Mutual Fund, promoted by the public sector bank, is all set to renege on its promise to pay assured returns under the Ind Prakash scheme.

IOC aims to become TNC oil major
Indian Oil Corporation (IOC) aims at to become a transnational energy major at the turn of the century by expanding its refining capacity and introducing more customer focussed policies.

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