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Saturday, March 13, 1999

TRAI snaps back, questions Govt order
It was the Telecom Regulatory Authority of India turn to go on the warpath today after the government stripped it of its last power -- that of setting telecom tariffs.

HDFC cuts interest rates to 18-year low
There is good news for potential house buyers. After the cut in prime lending rates by commercial banks recently, housing finance companies have also started slashing interest rates.

Sebi sets up panel for corporate goverance
The Securities and Exchange Board of India has set up a committee for improvement of corporate goverance and accounting standards in the country.


Inspirations furnishing fabrics


  Infosys euphoria spreads to other IT scrips
  Major groups eye HPCL project
  Stamp duty sops yet to take shape
  Net war -- VSNL cuts down renewal fees
  Japan's $ 62-bn bailout plan for banks
  Paribas spurns BNP's takeover bid
  RS okays Companies Bill
  No amnesty for gold scheme -- FM
  Rating downgrades continue
  Sebi seeks nod for expansion
  Weak banks to pay wage hike in phases
  Bizbits



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