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Friday, July 05, 2002


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Jaswant to put more money into the consumer's pocket
THE new Finance Minister, Mr Jaswant Singh, today held out the promise of stimulating consumer demand to steer the economy back on a high growth trajectory. Sending out what could be construed as the politically right message to the salaried ... More

WLL monthly rental slashed to Rs 200
The rental of Rs 200 is under the standard package and the operators will have the flexibility to offer different tariff packages. More

Insurance joint venture — Chubb to pay HDFC Rs 47-cr premium for 26% holding
THE US-based insurance major, Chubb Corporation, which is entering the Indian insurance sector by setting up a joint venture with domestic housing finance major, Housing Development Finance Corporation (HDFC), will pay a 180 per cent premium to ... More

IA extends deadline for aircraft proposals
INDIAN Airlines has extended the deadline for the validity of financial offers made by the aircraft manufacturers from June 30 to September 30 for its 43 aircraft multi-million dollar fleet acquisition plan. "As authorised by the Government, IA ... More

Silverline Tech's warrant among Rs 218-cr FDI plans cleared
SILVERLINE Technologies Ltd's proposal to issue 20 million warrants on preferential basis to Mauritius-based Silverline Holding Corporation involving foreign direct investment (FDI) worth Rs 102 crore was among the FDI proposals okayed by the ... More

`Xerox probe on basis of DCA documents'
THE Finance Minister, Mr Jaswant Singh, today said that he has ordered an inquiry into the Xerox ModiCorp scam on the basis of certain documents given to him by the Department of Company Affairs (DCA). "Yesterday (on Wednesday), the DCA ... More


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Cos allowed to use ECBs to buy PSUs on the block


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Jaswant to put more money into the consumer's pocket

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In Depth
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Govt allows FDI in print media


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