Thursday, June 24, 1999
FM to let state-run banks enter insurance
The finance ministry will allow public sector banks to participate in the insurance sector. However, it will keep developmental financial institutions away from joining the sector.
Jet Airways takes on Sahara, slashes fares
Competition among domestic airlines is getting hotter with Jet Airways going in for a major fare cut to take Sahara Airways head on in the ongoing battle for supremacy in the domestic aviation sector.
Sebi bars agencies from rating promoters instruments
The Securities & Exchange Board of India has barred credit rating agencies from rating the instruments of their promoters.
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