Friday, July 9, 1999
Fiscal deficit well above target rate
The fiscal deficit is growing at an accelerated pace with the government exhausting 27.5 per cent of the budgeted amount in the first two months of the current financial year.
Reliance Q1 net jumps 16% to Rs 510 cr
Reliance Industries has posted a 16% rise in net profit at Rs 510 crore during the first quarter ended June 30, 1999, against Rs 441 crore in the same period last year.
ICICI board gives nod to rope in strategic partner
The board of ICICI Ltd has given an in-principle approval for a strategic partner. The board has given a go-ahead for technical as well as equity tie-ups.
|
|
