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Wednesday, January 21, 2004

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Cabinet clears Bangalore airport package — Private sector gets entry into foodgrain procurement
IN a move aimed at giving a boost to the development of the private sector greenfield airport in Bangalore, the Union Cabinet on Tuesday cleared the concession agreement thereby paving the way for the project to take off. In another clearance, ... More

Tatas enter direct-to-home TV with Star
THE Tata group on Tuesday formally announced its foray into the direct to home (DTH) television space. According to an official statement, the group holding company, Tata Sons, will hold 80 per cent equity in a joint venture with the Star ... More

Sensex crashes on panic selling
A LATE rush by panic-stricken retail investors and punters to cover morning long positions hastened a collapse of an uncertain BSE Sensex shaving off more than 2 per cent of its value by close. The 30-share benchmark of the BSE opened high and ... More

Excise exemption for in-house consumed yarns, fabrics
FOR a sector that is yet to fully emerge from recession and not provided any specific sops in the Mini Budget, here is some cause for cheer. In a move expected to benefit not just large mills but also small textile processors in centres such ... More

IDBI gearing to turn retail commercial bank — Plans to set up 100 branches
INDUSTRIAL Development Bank of India (IDBI) is to soon roll out 100 branches in its efforts to convert itself into a retail commercial bank. The plan follows the Finance Minister's recent announcement in the `mini Budget' that the ... More




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