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Wednesday, April 21, 1999

RBI cuts CRR 0.5 per cent; focuses on money market reforms
The Reserve Bank of India announced an "easy" money policy to complement the Bharatiya Janata Party-led coalition government's Finance Bill which is set to be passed without any amendments tomorrow.

S&P's asserts faith in Indian economy, reaffirms ratings for India
Standard & Poor's affirmed its foreign currency and local currency issuer credit ratings for India, proving wrong the doomsayers who predicted ratings downgrade consequent to the fall of the 13-month old BJP-led Govt.

President to go by the book
President KR Narayanan is set to follow the precedents and practices set by his predecessors while dealing with the political situation that has arisen after the fall of the Vajpayee government.

4 Harris Web-Offset Printing Machines for Sale


Cut your internet cost now! Netwatch

Ashok Leyland in talks with foreign firms for automatic gear box tie-up
Ashok Leyland is in negotiations with the UK-based Alison and ZF of Germany for a tie-up to source automatic gear-boxes for its passenger vehicles. It has a collaboration with ZF for manual gear-boxes and may go in for a manufacturing tie-up.

 


CORPORATE
Reliance Petroleum will be hit if it has to bear export losses
Godrej Soaps' strategy to lather up institutional sales

ECONOMY
RBI plans awareness campaign for NBFC depositors
Guidelines for interest rate swaps on cards

EXPRESSIONS
Money market set for a revolution
Scanning the emerging Indian market

MARKETS
Wide repo market to help FIs, firms manages cash better
Market remains flat after heavy dose of volatility

LEISURE
Sun TV baron bags Young Business Achiever Award
Colgate and Unilever battle in India with the same smile



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