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Monday, September 23, 2002

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Govt securities for UTI to bridge MIP shortfall
THE Finance Ministry will issue tradable government securities to the Unit Trust of India (UTI), which can be encashed by the trust to bridge the shortfall in the Monthly Income Plan (MIP) 97 (IV) scheme due for redemption on October 30, ... More

Disclosure under takeover code — SEBI seeks list of violators
THE Securities and Exchange Board of India (SEBI) has asked stock exchanges to furnish cases of non-disclosures by companies listed with them. This follows the amnesty scheme for companies and shareholders announced by SEBI recently. ... More

Firm up bank conversion plan, IDBI told
INDUSTRIAL Development Bank of India (IDBI) has made a pitch with the Government for its conversion into a bank as part of the restructuring exercise. The restructuring is to be initiated after the IFCI package is finalised. IDBI has also ... More

Overseas call licence to BSNL, MTNL unlikely now
THE Department of Telecommunications (DoT) is unlikely to grant international long distance (ILD) licences to telecom majors Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL). According to official sources, although both ... More

Manufacturers cry foul over `parallel market'
HAVE you ever picked up a branded Kenwood car stereo or a Sony system and wondered why it was priced almost 25 per cent to 40 per cent lower than the showroom price? It is precisely this phenomenon, increasingly visible in the parallel market, ... More


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