FIIs invest over Rs 1,000 cr in new year
Foreign institutional investors, who were big sellers in the last month of 2000, have turned big buyers in the new year. The net investment of FIIs have already crossed the Rs 1,000 crore mark in the first four days of 2001.



Norms for 4th cell operator unveiled
Even as the entire telecom world expected the Government to announce the guidelines for the basic operators in the first week of January, the Department of Telecom has come out with guidelines for the long-awaited fourth cellular operator instead.



RBI rolls back Re support steps
Reserve Bank of India has withdrawn the interest rate surcharge on imports and also the prescribed minimum interest rate in respect of overdue export bills, both measures imposed in May last year to even out trade flows and curb rupee volatility.



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Raymond buy-back to `boost' promoter stake
Taj ropes in 2 partners for Carlyle
Ranbaxy board nod for Eli sell-off
NTPC drags CERC to court on tariff order
CII sets Rs 45,000 cr target
Enron to reduce tariff to below Rs 4 per unit