The Indian Express -- Business

Monday, July 21 1997

FOREX RATES INDICES STOCK

Centre may dilute holding in AI to 49%

The Centre may dilute its holding in the state-run Air-India to 49%, civil aviation secretary MK Kaw has said. The move will be an attempt to make Air-India more competitive and efficient.

ITC to close down three investment subsidiaries

ITC has decided to gradually wind up its investment subsidiaries Sage, Summit and Pinnacle. Over the last two years, the three investment subsidiaries have liquidated all quoted investments except holdings in group companies.

BSE market cap at 12-month high: CMIE

Total market capitalisation of all companies listed on the Bombay Stock Exchange touched a high of Rs 5,41,382 crore as on June 30, 1997, the highest in the past 12 months, according to the Centre for Monitoring Indian Economy (CMIE).

Inflation rate falls to 52-week low

Excise on TV to be on MRP basis

Siteinsight -- Screen Campaigns

PSUs outsmart pvt sector cos

Sterlite's reopening may not be smooth

Indo-French Biotech faces lender's wrath

Quickbites -- Japan court bans fake Tamagotchi

Figure watch -- Growing independent

Infrastructure can't be developed in a piecemeal manner