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Sunday, December 6, 1998

FIPB clears Philip Morris, DuPont investment plans
The Foreign Investment Promotion Board (FIPB) has cleared 18 foreign direct investment (FDI) proposals worth over Rs 400 crore, including one by French multinational DuPont. DuPont holds 95% stake in Thapar DuPont, while the rest is held by Japanese conglomerate Mitsui.

Vajpayee braces for road ahead, expands team
Prime Minister Atal Behari Vajpayee pumped in some muscle into his cabinet on Saturday with the induction of three BJP heavy-weights, Jaswant Singh, Pramod Mahajan and former Jammu & Kashmir governor Jagmohan.

Telecom chief rules out changes in Trai Act
The Telecom Regulatory Authority of India (Trai) Act, 1997, will not be amended, according to Telecom Commission chairman Anil Kumar. Kumar said the role of Trai would be strengthened in the proposed telecom policy.

4 Harris Web-Offset Printing Machines for Sale


EXIM Bank International Trade Research Award 1998

Global Tenders invited by MSTC

Telstra pumps in fresh funds into ventures
Despite the bleak telecom scenario, Telstra Corporation of Australia has infused fresh equity into all its three Indian ventures. The three companies are Telstra India Pvt Ltd, Telstra V-Com and Modi Telstra.

 


CORPORATE
Hindustan Aeronautics plans training school in Bangalore
Sibar Autoparts joins hands with Italian firm

ECONOMY
Industry bodies call for "black-out" day on Dec 14
Insurance reforms must get priority, says Montek

EXPRESSIONS
Has the World Bank decided to turn green?
Reserve Bank relief bonds offer safe returns

MARKETS
Skindia GDR Index up a tad to 535 points
Badla rates hover around 11% on Mumbai bourse

LEISURE
Corporate wives provide help-line for the deprived
Cesspools flourish under garb of industrial areas


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