
Sunday, December 13, 1998
AI-IA board sacked on merger plan
The surprising decision by the aviation ministry to reconstitute the current board of directors of Air India and Indian Airlines stems from the fact that a crucial decision on the merger of both airlines was taken without the consent of the ministry.

Sinha against more sops for markets
Union Finance Minister Yashwant Sinha said sops and reliefs will do little to improve capital markets and buoyancy in markets would not be possible unless the economy itself takes off.

Samadhan scheme to include pre-deposit
A major change is being made in the Kar Vivad Samadhan Scheme, 1998, from next week with the inclusion of pre-deposit for the purpose of settlement of the disputed indirect tax liability of assessees.

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