
Saturday, August 7, 1999
Ministry submits Sengupta panel proposals for Cabinet's approval
The ministry of petroleum and natural gas has forwarded the recommendations of the Nitish Sengupta Committee to cabinet for approval.
Tatas bid to take over Tetley runs into a roadblock
The negotiations between the Tata group and Schroders Private Equity Fund, which has management control over the Tetley Group of UK, have been deadlocked because of pound 10-million difference between the ask and bid price.
Open up repos market -- RBI panel
The sub-group of a RBI advisory committee has recommended that all entities, including corporates, may be allowed to undertake repurchase agreements in government securities, PSU bonds, private corporate debt securities and all financial institutions' bonds.
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