Monday, January 29, 2001
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IT Update

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Revised central bank policy okays overseas investments for individuals

Overseas Investments have been thrown open to individuals as a further step towards capital account convertibility.

Private TV firms in FTC garb may have to shell out more tax

Private television companies, which pass off as FTCs, may have to shell out much more in taxes soon.

Zee scales down HFC project; first phase to have only Rs 300 cr

ZEE Network has scaled down plans for its ambitious Rs 3,700-crore HFC broadband project by deciding to implement the project in three phases.

Sinha tells banks, insurance firms to gear up for quake-relief services

Union FM Yashwant Sinha, in a high-level meeting held on Sunday in New Delhi, has asked chiefs of banks and the Life Insurance Corporation to be pro-active in providing all possible services to the victims of the massive earthquake in Gujarat.

China's forced holidays more trouble than fun

China's unusual new economic strategy which involves inducing consumer spending by forcing everyone to take three week-long holidays at the same time might be causing more economic trouble than it is worth, economists and business people say.

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Executive Briefings

bullet.jpg (687 bytes) ICICI Infotech to acquire Command Systems Inc

bullet.jpg (687 bytes) Inflation rate static for third consecutive week


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