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Tuesday, October 26, 1999
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Centre to lace core sector with mega sops

The government is planning to give a big push to the infrastructure industry by giving it a host of initiatives. In a bid to give a concrete shape to the package on infrastructure sector, the cabinet secretary has called a meeting of the secretaries concerned on Tuesday.

Economy to grow at over 6 per cent, says Narayanan

The economy is expected to grow by over 6 per cent in financial 1999/2000 (April-March), President KR Narayanan said on Monday in a speech to a joint session of parliament.

RBI may vest liquidation powers in DICGC

The RBI has proposed to tighten bankruptcy laws by giving liquidation powers to the Deposit Insurance and Credit Guarantee Corporation (DICGC) enabling it to strip assets of failed banks directly.

Maharashtra government to take re-look at power projects

The Congress-NCP government in Maharashtra has decided to have a re-look at some of the major decisions in the power sector taken by the Shiv Sena-BJP combine from June 1 this year.

HDFC second-quarter net rises 18% to Rs 97.1 crore

Housing Finance and Development Corporation has recorded a net profit of Rs 97.10 crore for the second quarter of the current fiscal, an 18% rise over the net profit for the same period of the previous fiscal.

Ranbaxy Q3 net jumps 54.6% to Rs 77.9 crore

Ranbaxy Laboratories has reported a 54.6 per cent jump in its profit after tax to Rs 77.9 crore in the third quarter ended September 1999.

Executive Briefings

bullet.jpg (687 bytes) Government may table insurance bill in Parliament on Thursday

bullet.jpg (687 bytes) ALL turns corner, posts Rs 1.97cr H1 net

bullet.jpg (687 bytes) Nestle third-quarter net rises a touch to Rs 31.5 cr

bullet.jpg (687 bytes) Glaxo 9-month net dips to Rs 43.8 cr; Burroughs Wellcome profit up 22%

bullet.jpg (687 bytes) India Cements posts Rs 34cr net in first half

bullet.jpg (687 bytes) Bombay Dyeing Q2 net soars 50% to Rs 8.76 cr

bullet.jpg (687 bytes) Cipla first-half net profit jumps 21.25 per cent to Rs 67.9 crore

bullet.jpg (687 bytes) E Merck nine-month net dips 12% to Rs 15.36 crore; turnover up 9%

bullet.jpg (687 bytes) Century Textiles' losses mount to Rs 29 cr in Q2

bullet.jpg (687 bytes) ABCL seeks seven-year time to clear dues

bullet.jpg (687 bytes) ABN-Amro takes over BankAm's retail operations

bullet.jpg (687 bytes) Reserve Bank asks banks to set up event management centres by December 15

bullet.jpg (687 bytes) Honda dethrones Ford in JD Power's list


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