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13 February 1998
  Insurance policies aren't blanket covers
When insurance companies devise policies, they ensure that their own interests are protected above all. Little wonder then that all policies come with exclusionary clauses -- in fine print. It is desirable that consumers read the terms and conditions minutely to know the extent of the cover a policy provides them.
  One goal and two ways: Cash in on the soccer mania
It's a manna from heaven for soccer buffs. A ticket to the World Cup finals in Paris, besides an opportunity to bag $100,000 -- just for spotting a missing football.

Make business education industry-relevant
Industry-oriented education is what most business schools in India aspire to provide. But, in the absence of regular industry-academia interaction, many of the business schools in the country have found it difficult to design courses that are relevant to corporate management. Students are the ones worst affected by this.
Narrow approach limits floriculture, says SoVitro
The approach towards floriculture in India has so far centred solely around the cultivation of cut-roses for exports, says JW van Heerde, director Asia, SoVitro Trading & Services, Aalsmeer, Pune. The Pune-based Dutch firm promotes diversification in floriculture. With complete turnkey projects and marketing arrangements, the company offers a broad range of cut-flower products.


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Reserve Bank to introduce 28-day treasury bills in securities market
The Reserve Bank of India is all set to introduce the 28-day treasury bill in the securities market. This will add further depth to the debt market which currently features 14-day, 91-day and 364-day treasury bills apart from government of India securities. The new security will qualify for repos and is likely to have a notified amount.

SAIL debt issues downgraded
Icra Ltd has downgraded the long- and medium-term debt instruments of Steel Authority of India Ltd (SAIL). While the non-convertible debenture (NCD) programme of the steel giant has been downgraded to LAA-, the fixed deposit (FD) programme has been downgraded to MAA. The revised ratings indicate high safety.

 


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