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Tuesday, August 3, 1999

EC turns up heat on Centre over telecom plan
The conflict between the Election Commission and the Government over the telecom package reached a flashpoint on Monday with the former expressing its concern over such an important policy change ahead of the elections.

Centre gets 4 weeks to reply to IDMA plea
A division bench of the Mumbai high court on Monday urged the government to file within four weeks its response to a petition filed by the Indian Drug Manufacturers Association challenging the amendments to the Patents Rules, 1972.

Centre allows import of used aircraft, choppers
The commerce ministry has permitted import of used aircraft and helicopters by agencies nominated by it. No licence will be required for the purpose as per amendments to the revised Exim policy (1997-2002) notified by the Director General of Foreign Trade.


Corporate Results


  Barnala against import duty hikes to arrest declining edible oil prices
  Sugar production upto June tops 152 lakh tonnes
  Singapore refiners cut August runs on poor margins
  Oil price steady as Opec sticks to output-cut plan
  Finance firms retail business returns shrink on foreign players entry -- Crisil
  Poor performance shows on corporates' net in first quarter
  CERC finalises modalities for electricity grid code
  NPPA issues notice to check compliance on notified prices
  Insurance Academy to train foreign firms
  Government defers decision on steel import floor price
  Briefing
  India likely to emerge third largest infotech market -- IDC
  Sonia announces decision to contest
  Newsmaker
  `Shiv Sena not to give up Hindutva platform'
  CPI walks out of seat-sharing pact with NCP
  Briefing
  Oppn urges EC to initiate action on telecom fiasco
  BJP to release first list today
  Stage popularity may sweep Panja to Parliament
  Cong-BSP seat-sharing pact in UP may remain a pipe dream
  Gujral not to contest polls
  Executive Briefing
  Kargil tax unavoidable, says Pranab Mukherjee



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