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Sunday, August 18, 2002

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Insurance laws in for a revamp
INSURANCE laws are in for a complete overhaul. The initiative for the purpose has been taken by the Law Commission of India to put all insurance laws that are in force at present under the microscope. Following the Law Commission's decision to ... More

Another Gujarat co-op bank goes under
THE rot that began in March 2001 with the collapse of the Madhavpura Mercantile Co-operative Bank (MMCB) refuses to fade away. If the ghost of the co-op bank scam came to haunt the people of this hapless State in the form of the General ... More

Curbs on mobile services, WLL in Kashmir, N-E off
IN a bid to connect the rife-ridden States of North-East and Jammu & Kashmir, the Government today announced the removal of restrictions on expansion of mobile services and use of wireless in local loop (WLL) technology in these ... More

Tata Fin chiefs approved my decisions: Pendse
MR Dilip S. Pendse, former Managing Director of Tata Finance, has said that all business decisions made by him were with the full knowledge and approval of Dr F.A. Mehta, Chairman, and Mr Kishore Chaukar, Vice-Chairman, of the company. In an ... More

CBI takes the table with AMFI
TOWARDS the end of July, a rather unusual meeting took place in Mumbai between the Association of Mutual Funds in India and the Central Bureau of Investigation. The meeting was unusual, not simply because it was the first of its kind but ... More

Forex reserves slip $118 m
THE country's forex reserves have declined by $118 million to $ 60.030 billion for the week ended August 9, 2002, as compared to $ 60.148 billion in the previous week, according to RBI figures. "The dip in reserves was possibly on account of ... More

Staff plan co-op to get Tata Const on its feet
THE employees of the ailing Tata Construction & Projects Ltd have decided to create a co-operative, hold talks with banks and financial institutions, and submit a fresh revival package for the company. Sources among the employees of Tata ... More

Kapur new CMD of Vijaya Bank
THE Ministry of Finance has appointed Mr M.S. Kapur as the Chairman and Managing Director of the public sector Vijaya Bank. Mr Kapur will hold office till March 2006. Mr Kapur took charge of the bank on Friday. In the meanwhile, banking ... More


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