Centre likely to ease stringent money-laundering provisions
Barely hours after its introduction in Lok Sabha, the Prevention of Money Laundering Bill (PMBL) has run into rough weather with the industry deciding to vehemently protest against some of the harsh provisions proposed in the bill.

Exports dip 8%; booster plan to be unveiled today
Commerce minister Ramakrishna Hedge will unveil a fresh package to boost sagging exports, which at the end of first quarter of the current fiscal slipped by 7.94 per cent.

ICICI set to underwrite Petronet's Vadinar-Kandla pipeline debt plan
The Industrial Credit and Investment Corporation of India (ICICI) has agreed to underwrite the entire debt component of around Rs 300 crore for the Vadinar-Kandla pipeline being constructed by Petronet-VK Ltd.

CORPORATE
Spic all set to branch out into computers, electronics segment
Bank of India to raise subordinate debt

ECONOMY
Maharashtra asked to give norms for levy of NOC on flats
Mumbai Port mulls 100% hike in demurrage charges

EXPRESSIONS
Its roses sans thorns for software firms
RBI must focus only on inflation

MARKETS
South Indian Bank to enter market with Rs 52 cr premium issue
Resurgent India Bond launched in Europe

LEISURE
America Online to put 50 local guides on Netscape
Blending quality with client satisfaction