The Financial Express -- Economy

Saturday, June 21 1997

Clearance for Bangalore international airport next month

All clearances required for the Bangalore international airport will be completed next month, according to Karnataka Chief Minister J H Patel. He added that there were many intricacies involved in the project but all of them would be cleared soon.

New-for-old schemes bowl customers over

The new culture of "upwardly mobile" consumerism gets a new form in India - the "buy-back" bargain. And as the big multinationals splash newspaper pages with advertisements offering the facility to prospective buyers, the discerning Indian consumer is reaping the benefits.

PF managers nod in favour of corporate bonds

An increasing number of provident fund managers have indicated their preference for extending their investments in corporate debts, according to a poll conducted by Darashaw & Co, a broking and investment banking firm.

Nissan cuts prices of top-selling Altima by 7.6%

Singapore Airlines gains toehold in "kangaroo" route

Steamer agents want service tax deferred

Centre relaxes overseas investment norms

Germany may meet Emu target

EC review on anti-dumping next month

Fresh charges may delay Nomura punishment

Merrill Lynch plans investment trusts in Japan

News Break -- Daewoo Finance wants bank accounts freed

Disney's reach makes boycott an uphill battle

Asia-Pacific fastest growing telecom market

Sponge iron makers oppose proposed hike in natural gas price