The Indian Express -- Business

Friday, May 2 1997

FOREX RATES INDICES STOCK

SBI Factors seeks RBI's exposure limit exemption

SBI Factors, a subsidiary of State Bank of India, has sought exemption from the prudential norm of limiting exposure to one corporate to 15% of the net owned funds prescribed by Reserve Bank of India for Non Banking Financial Companies.

Centre streamlines FIPB norm for NBFC

The government has amended the guidelines for consideration of such proposals, cleared by the Foreign Investment Promotion Board in an attempt to streamline foreign direct investment proposals of the non-banking financial services sector.

SIA hopes tie-up will take off

The unseemly haste with which the outgoing Deve Gowda government gave the thumbs down to the long pending Tata-Singapore Airlines joint venture has obviously been a cause for disappointment to the one-million (Singapore) dollar airline.

Decks cleared for globalising 9 PSUs

ED files criminal case against Chhabria, Thakur

MUL mum as wrangling rises and rivals loom

US move to target India `regretted'

Primary market mobilisation falls

Bizbits -- Merrill NAV at Rs 10.04

Excise, Customs duties cut likely to peg oil pool deficit

All The India You Want To Know