Sunday, July 16, 2000



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How serious is the crackdown on NPAs
As the time for another round of bailouts of sick banks and financial institutions approaches, the Finance Ministry is rhetoric about ``cracking down'' on Non-Performing Assets of banks and financial institutions affects a new seriousness and intensity.




NLD telephony opened to pvt sector
The government on Saturday announced opening of the national long distance telephony to the private sector by August 15 without any ceiling on the number of players.




Divestment delay to hit FDI, pricing -- DCR
Duff & Phelps Credit Rating has said that the decision of the Cabinet Committee on Disinvestment to hold in abeyance the divestment of the government's stake in public sector companies like MTNL, BHEL and Maruti Udyog will be an impediment for the economic reforms process.




Other headlines

India pledges major telecoms initiatives
US tobacco firms slapped with $ 145 bn in damages, to appeal
Eridien forte group to invest Rs..1000 crore in 15 hotels
Le Meridien plans Rs 1,000 cr investment
Derivatives volumes spurt on BSE, NSE
D&B bullish on India
Hero Honda net jumps 60 pc
FRA to cap fiscal deficit
Infosys, ICICI profits down under US GAAP norms
Amazon.com turns 5 but will it survive?
IT ministers urge opening up of DTH broadcasting
US court slaps record penalty on tobacco firms


 
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