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Thursday, November 18, 1999
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Aetna picks Infosys as long-term ally

Aetna Inc, one of the leading managed healthcare and financial services companies in the US, has picked up Infosys Technologies as its long-term partner to support its offshore initiatives and assist in transforming the company into an e-business enterprise.

Delhi to stand firm on farm subsidy cut -- PM

Prime Minister Atal Behari Vajpayee on Tuesday said that the subsidy on agriculture sector will not be removed and said that his Government would not give into pressure on this account at the WTO

Government mulls separate regulatory body for NBFCs

The Government is considering a separate regulatory authority for non-banking finance companies (NBFCs). Special secretary (banking) Devi Dayal said that the new authority would have the functions of Reserve Bank of India and the department of company affairs (DCA) as far as regulating the NBFCs were concerned.

Economy will grow at over 6.5%, vows Sinha

Finance Minister Yashwant Sinha said on Wednesday the country's economy will grow by more than 6.5% in 1999/2000 (April-March), and sought to allay fears that the Government's fiscal deficit was running out of control.

Goldratt promises to raise GDP by 1 per cent in three years flat

It's the Rs 10,491-crore promise. Eliyahu M Goldratt, the founding father of the `Theory of Constraints' promises to raise the country's GDP by 1% in the next three years by implementing his theory in 1,200 Indian companies.

Railways to unveil new freight policy soon, says Mamata

The Railways will soon come out with a new freight policy to deal with the competition from the road sector, railway minister Mamata Banerjee said on Wednesday.

Executive Briefings

bullet.jpg (687 bytes) Centre to divest 12% in IOC in fourth quarter

bullet.jpg (687 bytes) Centre to create contingency fund to help cash-strapped states -- Sinha

bullet.jpg (687 bytes) United States banks raise lending rates

bullet.jpg (687 bytes) NHPC staff to go on strike to protest selloff to NTPC

bullet.jpg (687 bytes) Colgate retains numero uno spot; Amul jogs up the brand laddder

bullet.jpg (687 bytes) Gold demand up 38% in July-Sept

bullet.jpg (687 bytes) Zee Telefilms' infotech arm to launch ISP services by March

bullet.jpg (687 bytes) L&T may tie up with Piramals to set up Rs 63-crore mall in Nariman Point


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