Monday, October 12, 1998
Widen scope of persons acting in concert
An issue has arisen recently, particularly in the context of acquisition of shares of Sri Vishnu Cements, allegedly by the erstwhile management of Raasi Cement.
Bears may gain
Finance minister Yashwant Sinha has said the right things about going ahead with PSU equity disinvestment. He is firm about raising Rs 5,000 crore, as budgeted, from PSU equity sale.
No concrete plan
The Fund-Bank Meet, 1998, expectedly came up with no concrete plan of action to address the global financial crisis. IMF managing director Michel Camdessus has claimed that the five key elements of the new financial architecture have been defined and endorsed.
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