The Indian Express -- Business

Wednesday, July 9 1997

FOREX RATES INDICES STOCK

30,000 NBFCs apply for RBI registration, 11,000 refuse

Around 30,000 finance companies including nidhis and chit funds representing around 75% of the 41,000 NBFCs registered with the Registrar of Companies have submitted their application for registration with the Reserve Bank of India.

DoT drags TRAI to court

The Department of Telecommunications and the Telecom Regulatory Authority of India has filed a writ petition in the Delhi High Court challenging the authority to adjudicate on issues which pertain to licensing issues.

Futures in castor oil, cotton allowed

The Cabinet Committee on Economic Affairs has decided to allow futures trading in castor oil, cotton, and jute goods for an initial period of three years after which the policy would be reviewed, and possibly extended.

Renewable energy sources may solve Kerala's power crisis

DSP Fund outperforms others

Proton team coming

Steps to attract investors needed

CRB violated all regulations, says Reserve Bank

Syndicate Bank profit higher

PFC against funding Jindal Tractable

Sensex makes small gains

Sterlite's indifference draws citizens' ire

Silver nosedives

TRAI threatens to attach DoT property