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Sinha denies links with Flex chief: `It was a routine, transparent transaction'
THE Finance Minister, Mr Yashwant Sinha, who had come under fire from the Opposition for purchasing poll material from Flex Industries, today sought to absolve himself of the charges, saying that he neither compromised his dignity nor ...
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Qatar Petro seeks nod for airline jt venture with Gesco, UB Air
QATAR General Petroleum Corporation has sought permission from the Foreign Investment Promotion Board (FIPB) for purchasing and subscribing up to 40 per cent stake in a non-scheduled airline company as a joint venture with two Indian partners, ...
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`Stringent checks on co-ops in insurance'
THE process of the entry of new faces in the Indian insurance market in the form of co-operatives and brokers progressed further, with the Lok Sabha today passing the Insurance (Amendment) Bill 2001. The Bill also seeks to allow the entry of ...
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New licensing norms issued: Sharing of bandwidth for call centres allowed
Under the new guidelines, the DoT has allowed the sharing of bandwidth for disaster recovery and mission critical applications between multiple entities. Call centres are also allowed to share bandwidth between multiple locations of a single entity a nd
also within the same group of companies.
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Maruti: Govt assured of Rs 1,424 cr mop-up from public issue
THE Union Government will receive a minimum additional amount of Rs 1,424 crore when it sells the existing shares in Maruti Udyog Ltd (MUL) through a public issue in two phases. Suzuki Motor Corporation (SMC) has agreed to underwrite the public ...
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