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Friday, March 13, 1998
  Jaya refuses to play ball, halts BJP march
President KR Narayanan has decided to hold discussions with the Congress and the United Front, too, in a swift turn of events at the political capital. Earlier yesterday, BJP's prime-minister designate, AB Vajpayee, furnished documents which proved the support of 240 members in the Lok Sabha, following a deadlock in securing the backing of its electoral ally, AIADMK.
  National drugs authority unveils price-tag on more formulati
The National Pharmaceutical Pricing Authority (NPPA) has further notified and fixed the prices of 104 more formulation packs. Amongst the cases decided by NPPA includes 4 new cases, 25 cases for price revisions and 75 cases for suo moto approvals.

US Office does an encore, grants patent on pepper byproduct
A US-based firm has obtained process patent in piperine, a byproduct of pepper. Piperine, extracted from the fruit of pipernigrum or black pepper, is a composition widely in use in traditional systems of Indian medicine.
Sharjah commerce chamber chief rolls out red carpet for Asian businessmen
Efforts are on to woo Asians to invest in Sharjah in a bid to create an integrated business-driven community. India, has, however, topped the priority list with the Emirate's Mubarak Bulaswad Mubarak, director of economic affairs of Sharjah Chamber of Commerce and Industry making Mumbai his first halt before proceeding to other countries.


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NBFCs turn to smaller banks for `at-par' facility
Leading non-banking finance companies (NBFCs) are tying up with regional banks and even cooperative banks for `at-par' facility following the reluctance of the State Bank of India (SBI) to provide the service at more than 100 designated centers.

Auto financiers hunt for recovery agents
Auto financiers are looking for recovery agents in order to recover money lent to transport operators. Large players in this segment such as GE Capital and Citibank are among those scouting for good recovery agencies.

 


  Indonesia's slack reforms pace contrasts Thailand, Korea
  World Bank expects IMF to show flexibility over Indonesia
  Investors unmoved by cheap Thai pickings
  Depreciation-benefit hopefuls make a beeline for auto loans
  Pensioners' body alleges foul play in private firms' retirement funds
  Eastern Uttar Pradesh still a stumbling block for BJP
  Govt should target turnaround in economy within four months
  BJP's vote share in Rajasthan falls
  Warning bells for Congress in Orissa
  Fractured Janata Dal helped BJP-Samta combine gain twelve seats in Bihar
  Bengal plastic body pleads against multipoint tax system
  Scrap customs bonding, say exporters
  BJP-Sena combine pooh-poohs doubts over state economy
  Congress puts off Lok Sabha leader election
  State government set to unveil new rent act
  Jayalalitha crashes Vajpayee's hopes
  VP Singh sees fresh election in two years
  Drug-producers body seeks exim policy changes
  Aluminium firms in no hurry to clear inventory
  Revenue shortfall put past Rs 10,000 crore