Wednesday, May 19, 1999
UTI toes Parekh panel line, to rehaul US-64 dividend line
The Unit Trust of India has decided to revise the dividend policy for US-64 based on the recommendations of the Deepak Parekh Committee.
Centre allows limited wheat, sugar exports
The Union government on Tuesday allowed limited wheat and sugar exports in an effort to tackle surplus stocks and fully-eased imports of all oilseeds to meet rising domestic demand.
Vaghul plans ARC to recover bad debts via corporate recast
ICICI chairman N Vaghul is planning to set up the country's first asset-reconstruction company which will focus on recovery of bad debts of the financial sector by restructuring corporates.
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