Recipe for growth
The Reserve Bank of India's assessment of the prospects for 1999-2000 is yet another confirmation of economic recovery.

Shareholder option
Pfizer Inc joins a growing list of foreign pharmaceutical companies in India that are setting up 100% subsidiaries. Companies such as Novartis, SmithKline Beecham Consumer and Parke Davis have done it earlier.

Financial regulation - Time for change
Regulation of capital movement has been placed on a global scale. Countries have not been quite serious about capital movements in spite of the rapid financial integration world over during the last 15 odd years, where trillions of dollars move at amazingly high speed every day.

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