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Thursday, November 26, 1998

Stray incidents mark assembly polls; 60% keep their date with democracy
An estimated 55-60% of the electorate spread over 638 assembly constituencies in the four states of Delhi, Rajasthan, Madhya Pradesh and Mizoram cast their votes on Wednesday in what is considered to be one of the most keenly watched elections in recent years.

PFC may bag Rs 400 crore more from RIB kitty
The State Bank of India (SBI) may soon allocate another Rs 400 crore to the Power Finance Corporation (PFC) from its kitty of $4.2-billion Resurgent India Bonds (RIBs). SBI had earlier allocated Rs 100 crore to PFC.

PAN stipulation forces Maruti to slam brakes on production
Maruti Udyog is understood to have approached the union government for relaxation of the stipulation which makes declaration of the income tax permanent account number by a customer mandatory at the time of purchasing a car.

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EXIM Bank International Trade Research Award 1998

Global Tenders invited by MSTC

Core sector posts negative growth in October
The infrastructure sector has performed poorly in October, recording a negative growth of (-) 2.4%. According to a review undertaken by the industry ministry, the crude petroleum sector was the worst performer during October, recording a negative growth of (-) 6.4% followed by steel (-) 5.4%, cement (-) 5.0% and coal (-) 1.7%.

 


CORPORATE
AV Birla group set to allow transfer of middle managers to group companies
EID Parry to hike stake in Coromandal Fertilisers

ECONOMY
Ministry okays infrastructure status for steel sector
DD exit poll shows rout for BJP in Delhi, Rajasthan

EXPRESSIONS
Economy at stake
Ensure credit flow

MARKETS
20-year tap stock mops up Rs 1,131 crore
Sun F&C may consolidate presence in India

LEISURE
Zee headhunt confounds media pundits
Marg survey ranks HMT 7th in top 10 brands' list


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