The Indian Express -- Business

Saturday, May 31 1997

FOREX RATES INDICES STOCK

MoF sets deadline for NBFC registration

The Union finance ministry has set a July 8 deadline for 30,000 odd Non Banking Financial Companies to register themselves with the Reserve Bank of India.

RIL to invest Rs 5,000 cr in Jamnagar

Reliance Industries Ltd plans to develop Jamnagar in Gujarat as its next growth centre. Plans are well underway to invest approximately Rs 5,000 crore to create another petrochemical complex on the lines of its Hazira complex.

Divestment panel defers move on ONGC, OIL share sale

The Disinvestment Commission has deferred the decision on dilution of government equity in Oil and Natural Gas Corporation and Oil India Limited and suggested that offloading of shares in these companies should be preceded by a government announcement on dismantling the administered price mechanism.

CRB liabilities may exceed assets by Rs 400-600 cr

Anatomy of a co-op scam

SEBI to segregate merchant banking

DoT questions TRAI's jurisdiction

Bizbits -- New duty drawback rates

Sensex gains further

Bhansali holed up in Hong Kong

Rare swap deal integrated in merger

Ghandat, four others arrested

20% from LIC Housing