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FINANCIAL EXPRESS FRONT PAGE

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Wednesday, June 9, 1999

Divestment panel moots 51% selloff in MMTC
The Disinvestment Commission has recommended divestment of 51% equity in Minerals & Metals Trading Corporation through strategic sale.

Centre notifies amended patent rules sans changes in objectionable clauses
The Government is understood to have notified the amendments to the Patents Rules 1972, in more or less the orginal form, despite strong objection from the domestic drug industry on several fronts.

Jagmohan moved to urban affairs in Cabinet reshuffle
Prime Minister AB Vajpayee on Tuesday effected a minor reshuffle of his Cabinet by shifting two senior ministers on expected lines, ending intense speculation since yesterday.



  European Union health ministers to discuss dioxin food scare
  `New magnesium smelters needed'
  Cotton production seen at 12.9m bales
  Centre bamboo plantation drive to aid employment, afforestation
  Cheap mangoes sour demand for sweets in Calcutta
  Kargil jawans to get milk from Pink City
  Pawar rules out truck with Congress, BJP
  Polls delay India-EU development projects
  Briefing
  Dhaka denies report of gas deal with India
  RBI plans database on bank loans
  Demand for cement stays robust in May
  Rupee falls to 43.03/04 on Capoor-speak
  Oil PSUs recast meet today
  Rail products firms agree to merger pact
  Briefing
  Procedural delays hold up FDI in housing
  Gujarat to revive Kalpasar project to meet power crisis
  Dubai port in parleys with Indian firms for O&M ventures
  Malaysian consortium to submit fresh proposal for 4 road projects
  Marketplace Briefing
  `In India there is hardly any culture for branding'
  Executive briefing
  Telecom industry jubilant over Jagmohan's exit
  India must avoid speculative capital -- Kissinger
  Country's external debt at $95.72 bn



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