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Tuesday, April 6, 1999

Political quake sends Sensex crashing
The political tremors rocked the stock markets across the country on Monday with share prices collapsing as the government rejected an ultimatum from AIADMK chief J Jayalalitha to sack the Defence Minister or lose its support.

Oil companies reject Sengupta report
With some minor differences in approach, the major oil companies in the country have rejected the proposals made by the Nitish Sengupta panel on restructuring of the oil sector in the post-decontrol era.

Govt to kickstart fiscal's first borrowing
The government will kickstart its market borrowing programme for the fiscal 1999-2000 with the auction of a 10-year paper to mop up Rs 3000 crore on April 7. The Reserve Bank of India announced the auction on Monday.


Inspirations furnishing fabrics


  FDI proposals worth Rs 100 cr cleared
  VSNL tops exporters list
  Kelkar wants interest rate reduction
  Godrej Soaps to restructure business
  DoT issues licence termination notice to JT Mobile
  Fiat Siena to cost Rs 5.7 lakh in Mumbai
  Deora hopeful of 6% growth
  SAARC Chamber AGM in Mumbai
  Thambidurai ruffles bureaucracy with order
  Jaya cautions Govt on Maruti sale
  AAI to lease terminal complex to Air-India
  Foreign investment norms liberalised further
  NBFCs directed to file return
  NTPC reports 16.6% growth in net
  Kandla port retains No 1 position for second year
  Bizbits



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