The Financial Express -- Economy

Tuesday, December 16 1997

Exim Bank sees 10 African projects for Indian exporters

The Export Import Bank of India has identified more than 10 projects valued at $500 million in Africa in which Indian project exporters can participate. The sectors range from energy to education and consultancy. The projects are funded by multilateral agencies.

Banking, financial services sector H1 net rises 27%

The banking and financial services sector recorded a 27 per cent growth in net profit during the first-half of the current fiscal. The industry's total income grew by 12% during the same period.

Maharashtra drug firms concerned over likely move to amend Act

The alleged move by the state government to facilitate the inclusion of medical sales representatives (MSRs) under the Maharashtra Recognition of Trade Unions and Unfair Labour Practices Act is threatening to jeopardise the pharmaceutical industry's plans in Maharashtra.

RBI intervenes for second consecutive day

Congress demands fresh polls to state assembly

Cell-operators likely to invest in fraud-management systems

Maharashtra drug firms concerned over likely move to amend Act

Commerce ministry moots treating deemed, physical exports at par

European giants to ink aviation pact with Delhi soon

Current level of rupee reasonable, but controls will be relaxed only slowly

Ambi seeks more flexibility to separate activities

World Briefing -- Coats Viyella to split into two

Maharashtra may sign MoU with Singapore for conducting study

Asean calls for global help to end crisis

Bahrain eyes small, medium firms from Pune region for investments