Wednesday, November 11, 1998
Ninth plan growth target lowered to 6.5%
The Planning Commission has lowered the ninth plan growth target to 6.5 per cent from 7 per cent while keeping the gross budgetary support unaltered at Rs 374,000 crore.
SEBI clears buy-back norms
The board of Securities & Exchange Board of India (SEBI) has approved the share buyback regulations which bar the promoters from participating in the buyback scheme through the stock exchange mode.
Govt to trace 'vanishing' Cos
With the clock ticking fast on the Prime Minister's 90-day deadline for tracking and taking punitive action against unscrupulous promoters who took innocent investors for a ride, the Ministry of Finance is busy dusting the cobwebs off a study it planned over a year ago to deal with the problem.
|
|
