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SC
upholds Balco selloff |
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The
Centre has got a shot in the arm on its divestment policy as
Supreme Court has upheld the government’s decision to sell off
51 per cent equity of Bharat Aluminium Company (Balco) to Sterlite
Industries. |
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Maran
announces slew of steps for rubber growers |
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Commerce
and industry minister Murasoli Maran announced on Monday a slew
of WTO-consistent measures to safeguard the interests of rubber
growers by making it mandatory for imported rubber to conform
to the Bureau of Indian Standards and for registration of importers
with the rubber board. |
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ICICI
to raise Rs 133cr via auto-loan bonds |
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ICICI
Ltd is all set to hit the market with a Rs 133 crore securitised
issue of its auto-loan portfolio. The move will enable ICICI
to get the assets off its books thereby bringing in funds and
letting it breath easy on the capital adequacy ratio front. |
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DPC
may drop cases for want of funds |
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The
Dabhol Power Company may drop pursuing its legal battle both
in the Indian courts and arbitration tribunal in London in view
of paucity of funds. |
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