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Friday, December 3, 1999
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Congress helps insurance bill clear LS hurdle

The Lok Sabha on Thursday passed the controversial Insurance Regulatory and Development Authority (IRDA) bill opening the insurance sector to private and foreign companies after the Government incorporated all the amendments proposed by the Congress party, including the social obligation clause and penalty provision for defaulters.

Clinton woos poor with fairplay pitch

In a speech, President Bill Clinton has made an impassioned appeal for greater democracy and transparency in the WTO by taking on board public concerns for worker rights and the environment by linking labour and environmental standards to trade.

Hutchison set to pick Swisscom's 32.56% stake in Sterling Cellular

Hutchison is close to acquiring Swisscom's 32.56% stake in Sterling Cellular Ltd, the Essar cellphone service provider in Delhi.

Glaxo India kicks off plan to revamp marketing structure

Glaxo India has kicked off plans to revamp its pharmaceutical sales and marketing function, a move that will see the devolvement of the company's three trading faces into seven business units.

Oil majors have contingency plan

Public sector refining companies have ensured that customers will face no supply problems from their retail outlets on December 31 and January 1.

Executive Briefings

bullet.jpg (687 bytes) Encore files suit against Hindujas

bullet.jpg (687 bytes) Ministerial panel clears Centre's bid to divest 25 per cent in IPCL

bullet.jpg (687 bytes) Novartis will call the shots in local market -- Analysts

bullet.jpg (687 bytes) Shaw Wallace to make open offer for Charminar Breweries

bullet.jpg (687 bytes) ACC unveils golden handshake to cut 1000 staff

bullet.jpg (687 bytes) Maruti may roll out Wagon R this month

bullet.jpg (687 bytes) Retail investors in HCL Tech get allotment


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