Monday, February 15, 1999
Oil PSUs -- Shares fall as Govt sell-off nears
While the government is making frantic efforts to sell its equity stake in major oil companies in a bid to cover the burgeoning fiscal deficit, share prices of these companies have virtually crashed on the stock markets in the last one month.
WTO to review QRs ruling
A dispute settlement panel of the World Trade Organisation (WTO) is likely to review in Geneva its interim ruling on the United States complaint against India's quantitative restrictions on imports. The dispute settlement panel review of the ruling is perceived as the final hearing on this vital and controversial case.
CRSMA for action against steel majors
Cold Rolled Steel Manufacturers Association (CRSMA) has threatened legal action against steel majors for allegedly forming a cartel to "fix" prices after the government had announced the floor price for imported HR coils.
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