The Indian Express -- Business

Wednesday, August 13 1997

FOREX RATES INDICES STOCK

Pvt HFCs may be allowed to tap NRIs for funds

Private sector housing finance companies (HFCs) may soon be allowed to raise deposits from non-resident Indians (NRIs), a funding route so far restricted to institution-sponsored HFCs.

Citibank, L&T,ONGC among I-T defaulters

Harshad S Mehta, Ramesh J Chauhan, Oil and Natural Gas Corporation (ONGC), Bharat Heavy Electricals Limited (BHEL), Citibank and Larsen & Toubro Limited are among the 20 top income tax defaulters in the country as on March 31, 1997.

Banks file suits to recover Rs 7,731 cr

A total of Rs 7,731.71 crore is due from 1,880 borrowers against whom commercial banks and financial institutions have filed suits for recovery of funds as on March 31, 1996.

Colgate pays 13% dividend

Onida, PFSL downgraded

Norms for unlisted cos revised

Badla "leak" pulls down Sensex

IDBI profits up 38%

Kerala asks Centre to clear controversial power project

Pvt. airlines to hike fares

Pvt airlines to hike fares

RBI bans FII stake in Mastek

Sick mills violate revival scheme

Chhabria comes up trumps at SWC AGM

Stress for increased agriculture productivity

Loan schemes for silk spinning