
Saturday, July 25, 1998
Stick to export targets or face music, Hegde tells auto firms
The Centre on Friday warned automobile firms with foreign participation that import licences for auto components would be withdrawn if they failed to meet their export obligations.
Ceiling on shareholder voting rights in banks to be reviewed
Section 12(2) of the Banking Regulation Act, 1949, which stipulates the ceiling on voting rights of shareholders in a banking company, could possibly be amended once again.
Exim Bank unveils concessional funding for software development
The Export Import Bank of India on Friday announced a concessional finance scheme for software product development apart from a host of other measures to promote software service and exports.
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