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Saturday, October 24, 1998

Core sector, markets package soon: PM
The government has finalised a package to boost the capital market, address key issues dogging the telecom sector, take up large projects in airports and highway sector and do away with needless clearances which companies are required to obtain from the government.

Government to shun joint book-building option for disinvestment programme
The centre is all set to drop the joint book-building exercise for the Rs 5,000-crore disinvestment programme and instead follow the Concor model and offload government holdings in four other public sector undertakings in the domestic market by March 1999.

Centre may drop account-falsification clause from money laundering bill
The government is likely to drop the controversial clause of falsification of accounts in the Prevention of Money Laundering Bill, 1998, following various representations from the corporate sector.


The National Stock Exchange of India (NSE)

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Patel Roadways Limited


  Euro gains acceptance; wins over sceptics
  Korea business outlook remains grim in Q4
  Revenue staff to go on strike over pay-parity issue
  Mobsters control half of Russia's banks
  EU panel raises cane molasses import duty
  Earthmoving equipment market booms despite slump in automobile sector
  Japan set to nationalise Long Term Credit Bank
  World Bank asks Indonesian officials to reveal assets
  India's share in overseas shipping trade dips to 29.80 per cent
  Cargo handled by minor Maharashtra ports up to 2.2mt
  S&P has erred, deficit will be reined in
  Executive Briefing
  `Power sector needs a booster dose'
  US diplomat to head Holocaust insurance panel
  Spate of downgrades reflect gloom in industrial sector


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