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Monday, September 16, 2002

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Check on insider trading — SEBI to go easy on definition of `relative'
THE SEBI Board has decided to relax the meaning of the term `relative' in the Insider Trading Regulations. Only direct relatives of those who are deemed to have price-sensitive insider information on securities will now come under the ambit of ... More

ECB investment in realty, full pre-payment allowed
THE Union Government on Sunday further liberalised the guidelines for External Commercial Borrowings (ECBs) to allow 100 per cent pre-payment of outstanding commercial debt by companies and also utilisation of ECB proceeds for investment in the ... More

Petrol, diesel prices up
THE retail selling prices of petrol and diesel will increase by up to 50 paise per litre from midnight on September 16, the state-owned oil marketing companies announced on Sunday. The prices of petrol have been hiked by up to 50 paise per ... More

Repayment norms for loans, deposits relaxed
THE Finance Ministry has relaxed norms on the mode of repayment of deposits or loans for a host of entities including individuals. Entities having cash credit accounts or bill accounts can now make repayments of their credit facilities in cash ... More

BSNL threat to divert traffic through Bharti, Data Access — VSNL mulls legal action against DoT
VIDESH Sanchar Nigam Ltd (VSNL) is contemplating legal action against the Department of Telecommunications (DoT) if Bharat Sanchar Nigam Ltd (BSNL) stops routing the outgoing international traffic of its subscribers through its network, in favour ... More

Housewives put noon TV shows on top
On an average over 30-35 shows in the afternoon time band are on the Top 100 AC Nielsen's TAM ratings chart. Take Star Plus for instance. According to the TAM numbers for the week between August 25 and 31 in cable and satellite households ... More

IRDA Act: Rider on foreign equity may be scrapped
THE Government is considering moving an amendment to the Insurance Regulatory and Development Authority (IRDA) Act to delete the provision on the 26 per cent cap of foreign equity as the first step towards raising the foreign investment limit for ... More

Immigrants crouch under 9/11 crash impact
FOR many immigrants, the anniversary of the September 11 attacks brought a sense of loss and betrayal. For, in the efforts to secure the homeland and crack down on terrorists, thousands of immigrants, particularly Middle Eastern and South Asian ... More


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