Monday, November 20, 2000
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IT Update

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Centre cuts down gas price by Rs 10, kerosene by Re 1

The NDA government has decided to reduce the prices of cooking gas and kerosene by Rs 10 and Re 1, respectively.

Dalmias rope in FI with line of credit

There appears to be no let-up in the Dalmias' efforts to take over GESCO Corporation. The Delhi-based group has now roped in a financial institution for arranging a line of credit to back their endeavour.

UTI mops up over Rs 5,000 crvia all schemes

UTI has mopped up over Rs 5,000 crore by way of all its schemes till now, well on road to achieving its target of Rs 16,000 crore for 2000-01.

Recap bonds income saves 8 PSU banks the blushes

Eight state-run banks actually posted losses in 1999-2000, but the interest income from the 10% recapitalisation bonds saved them the blushes.

CII insurance summit from Wednesday

The Confederation of Indian Industry's fifth insurance summit which will be held between November 22 and 23 here, will focus on the emerging issues in the sector in the post-liberalisation era.

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Executive Briefings

bullet.jpg (687 bytes) IDBI files wind-up cases against 13 firms

bullet.jpg (687 bytes) Conditional access proposal to be placed before Parliament

bullet.jpg (687 bytes) Manohar Joshi changes stand on Maruti Udyog disinvestment

bullet.jpg (687 bytes) SAIL postpones Salem steel plant sell-off

bullet.jpg (687 bytes) Enron ropes in Credit Suisse for 30% stake sale in oil projects

bullet.jpg (687 bytes) Vatsa, Raviraj Foils join race for control of Pennar Aluminium


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