Monday, December 18, 2000
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IT Update

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Investor-friendly Budget on cards

Hinting at a restructuring of the indirect tax structure, FM Yashwant Sinha said on Sunday that the next Budget would be "forward-looking, growth-oriented and investor-friendly."

State to seek two weeks time in MERC tangle

The Maharashtra government will file a statement on Monday seeking two to three weeks time for looking into the various legal aspects related to delegation of power to MERC and its implications.

Reliance armeyes Rs 350-cr premium

In an aggressive business plan, the Ambanis' Reliance Fire & General Insurance Company, the non-life subsidiary of Reliance Industries, has targeted over Rs 350 crore premium in its first year of operation.

PNB Gilts to launch retail scheme next month

Primary market dealers PNB Gilts Ltd is launching a retail scheme in the first week of January to rope in individuals as investors for government securities.

MBIL to team up with Debis for auto-related insurance

MBIL is planning to enter the auto-related insurance and financial services business in association with Debis, the financial services arm of its German parent DaimlerChrysler.

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Executive Briefings

bullet.jpg (687 bytes) `Swadhan' to be upgraded for e-commerce

bullet.jpg (687 bytes) L&T asks likely partners for cement JV to submit bids by January - end

bullet.jpg (687 bytes) HPCL shortlists five firms for 500-mw Vishakhapatnam plant

bullet.jpg (687 bytes) Suzuki Motor not to buy govt equity in MUL

bullet.jpg (687 bytes) Minister asks Enron to reduce DPC tariffs

bullet.jpg (687 bytes) No time-limit possible for rupee float -- Acharya

bullet.jpg (687 bytes) IRDA unveils norms for life reinsurance


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