IDBI shelves Rs 50-crore venture-capital fund move
The Industrial Development Bank of India (IDBI) has dropped the proposal for floating the Rs 50-crore venture capital fund to finance the information technology sector as the term-lending institution's board has refused to give the green signal to the proposal.

Mayya panel defers decision on uniform settlement cycle
The MR Mayya Committee set up by the Securities and Exchange Board of India (Sebi), to consider the feasibility of shifting to uniform settlement cycles for stock exchanges, ended on an inconclusive note for the third time.

Risk outlook on plantation companies high, says Crisil
The Credit Rating Information Services of India Ltd (Crisil) has said that the dependence of plantation companies on further inflow of deposits is going to continue to increase progressively in order to provide assured returns to investors in a timely manner.

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