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Elections '99

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Wednesday, September 15, 1999

RBI frees banks from IBA shackles on service charge
The Reserve Bank of India (RBI) has directed the Indian Banks' Association (IBA) to do away with the existing practice of fixing the benchmark services charges for the banking industry with immediate effect leaving it to the individual banks.

SC clips EC's wings -- Opinion polls are back
The Election Commission on Tuesday withdrew its guidelines banning publication or dissemination of opinion polls following severe criticism by the Supreme Court on the issue.

Trai to release revised cell tariff structure on Friday
The Telecom Regulatory Authority of India is expected to announce the new cellular tariff structure on Friday. The tariffs will include monthly rental of Rs 525 for state circles and Rs 475 for metros but a uniform outgoing air-time tariff of Rs 4.50 per minute for both.


Corporate Results


  Briefing
  India commands 30% share in world pepper markets
  Iisco pins hopes on zero cash loss by next fiscal
  BoP meet to review ballooning oil import bill
  Planning Commission sets up task force on agro-forestry
  Delhi hotels occupany inches up, but revenue takes a beating
  Coffee Board to introduce arbitration scheme
  Fertiliser industry pitches for oil supply at discounted rate
  Bengal may guarantee Calcutta municipal body's public bond
  Research firm predicts further fall in gold prices
  Indian economy to grow at 7%, says ADB report
  IDBI chief Gupta appointed convenor of FI, bank panel
  Executive Briefing
  Suave Sinha sure of smooth sailing
  Third Front will shoot into prominence after polls -- Surjeet
  No mud-slinging, please -- Thakre
  BJP sits pretty in Ranchi, Congress in total disarray
  Orissa witnessing the great kinsfolk saga this elections
  Briefing
  Cell subscriber base sees 23.13% rise
  Briefing
  HDFC chief Deepak Parkeh calls for merger of apex industry associations
  Newsmaker
  Sonia sees scams galore under BJP rule



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