IFC to invest $330 m in India in 2001-'02
IFC will be investing around $330 million in India in fiscal year 2001-'02. This would amount to almost 10% of the total FDI in India, and 60% of such investments have already been approved while the rest is expected to be approved by June 30.

ICICI safety bonds to raise Rs 800 cr; slashes coupon by 50-100 basis points
ICICI Ltd has come out with another public issue of `ICICI Safety Bonds March 2001: unsecured redeemable bonds in the nature of debentures aggregating Rs 400 crore with a green-shoe option of another Rs 400 crore.

Rumours lead to panic withdrawal of Rs 65 cr from Madhavpura Bank
Financial problems in various stock markets cast a pall over Ahmedabad based cooperative bank Madhavpura Mercantile CoOperative Bank with panic withdrawal from its customers of over Rs 65 crore worth of deposits following the rumour that the bank has given Rs 150 crore guarantee to big bull Ketan Parekh.


  IDBI launches new trusteeship company
  Apcub asks RBI to set up apex bank to support weak banks
  Bajaj Allianz gets R1 Irda approval
  Separate company forcrop insurance -- Sinha
  Irda talks on Thursday may resolve TPA issue
  IDBI to apply for insurance licence by the end of April
  NPPA revises prices of formulations
  Govt ready to hike import duty, says PM
  Alstom to design automatic train control system for DMRC
  IIP records dismal 2.8% growth in January
  Maharashtra draws Rs 350-crore overdraft to meet expenditure rise
  Governor's address skips DPC issue
  ...asks Maharashtra to file affidavit on release schedule of Rs 800 crore
  Spare developing nations from anti-dumping duty -- India
  Briefing
  Market round-up
  Executive Briefing
  `VRS benefits will take some time to reflect on the banking sector's health'
  Small is no longer beautiful for Mr Sinha
  Linking sops with reforms will boost power sector
  No plans to cancel Balco deal -- Centre
  Malvinder to be interim head of Ranbaxy UK
  Centre ready to hike import duty, says PM
  Annan's India visit from March 15
  Tackle basic issues, Assocham tells Sebi