
Saturday, May 1, 1999
CII urges ordinances on IRA, Companies Bill
Confederation of Indian Industry president Rahul Bajaj has asked the Centre to promulgate the Insurance Regulatory Authority (IRA) Bill and Companies Bill ordinances to ensure uninterrupted economic reforms process.
Jittery Maruti to seek fresh hearing from SC
Maruti Udyog has decided to seek a fresh hearing from the Supreme Court in view of the order on Euro-emission norms. Maruti, which is 50% owned by the Government, will also represent its case to the industry ministry, sources said.
Ficci seeks mandatory powers for BIFR
The Federation of Indian Chambers of Commerce & Industry (Ficci) has recommended a recast of the Board for Industrial & Financial Reconstruction (BIFR) by giving mandatory powers to the board to implement revival packages for sick companies.
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