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Tuesday, August 10, 1999

Unions reject IBA proposal to settle wage dispute at bank level
The United Forum of Bank Unions (UFBU) has rejected the Indian Banks' Association's (IBA) proposal to resolve the ongoing wage dispute at individual bank level even as signs of cracks have surfaced on the unity of the bank unions.

Economic turnaround gathers pace -- CMIE
The signs of an economic turnaround are gathering momentum with major industries recording healthy growth in the first quarter, the Centre for Monitoring Indian Economy (CMIE) has said.

SC slaps notices on cigarette majors for non-compliance with statutory warnings
The SC has issued notices to cigarette majors on a PIL filed by former Congress MP Murli Deora, charging companies with flouting laws by not displaying statutory warnings prominently in the advertisements of their products.


Corporate Results


  Tea industry surviving on sweat of forced labour, says NGO
  Spices exports decline in value and volume terms in first quarter
  Chinese stores remove French wine from shelves
  Recovery likely to boost banks, FIs valuations -- LICMF investment chief
  No plans to regulate gold imports policy, says Sinha
  Apple growers plan rally against Centre decision on imports
  Haryana agriculture university develops nine crop varieties
  Cement firms in south may raise prices
  Interest spreads drive public sector banks' profitability, says RBI study
  Import licences sale boosted Indal net
  Rupee to drop by 4 percentage points over a year -- SBI chief
  Ficci chief sees 2-3% fiscal deficit as ideal benchmark
  Metal Box, bankers in duel over asset list
  Strategic distribution
  Asian Paints -- Helping managers cope with mid-life blues
  Marketplace Briefing
  Prasar Bharati asserts autonomy, asks parties to keep off Doordasrshan, AIR
  Executive briefing
  CII terms West Bengal's industrial sops the best
  NCP releases list for 24 Lok Sabha, 122 Assembly seats
  BJP banks on `trust', sets election campaign rolling with surrogate ads
  Telecom operators may seek Nov 30 deadline for Parliament okay
  War clouds loom large over polls, says Thackeray
  BJP creating `intellectual terror' on Kargil issue
  Textile mill workers up ante against alliance rule in Maharashtra
  Newsmaker
  Briefing
  Briefing



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