The Indian Express

Wednesday, November 26 1997

The takes you to the story

Minimum investment entry for auto firms
The Cabinet Committee on Economic Affairs (CCEA) approved a new automobile policy making it mandatory for the foreign partner to bring in equity of $ 50 million within three years of the start of operation if the joint venture involves majority foreign equity ownership. This will apply to only new joint venture companies.

Govt to remove bottlenecks in CBI powers
It may be struggling to survive on borrowed time but the United Front Government has finalised a set of administrative measures to remove ``bottlenecks in corruption cases and in the disciplinary proceedings against government servants''.

ISRO takes over as world space body chief
The Indian Space Research Organisation (ISRO) has taken over the chairmanship of the International Committee on Earth Observation Satellites (CEOS), an apex body of various space agencies which coordinates space-based earth observation systems. ISRO took over from the French National Space Agency CNES at the 11th plenary meeting which concluded at Toulouse, France on November 21.

No soft corner for DMK, declares BJP

BSP gets national status, JP downgraded