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Dr Know

Morning Digest

Express Greeting







Thursday, November 19, 1998

Yojana Bhavan takes exception to plan on petro goods' administered pricing
The Planning Commission has questioned the oil ministry's administered price mechanism (APM) dismantling schedule for domestic crude price to national oil companies during the transition period.

Reserve Bank rejects Vasudev panel's advice on finance firms ratings waiver
The Reserve Bank of India has rejected the recommendation of the task force on non-banking financial institutions (NBFCs) to delink credit rating from deposit mobilisation.

Consensus eludes cabinet on amendments to Patents Act
The amendments to the Indian Patents Act to bring it in conformity with the World Trade Organisation requirements ran into rough weather with the union cabinet failing to take any decision for the second time.

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EXIM Bank International Trade Research Award 1998

Global Tenders invited by MSTC

AV Birla group keen to buy ICICI headquarters
The Aditya Birla group is negotiating with ICICI Ltd to buy out the term-lending institution's corporate headquarters in south Mumbai for Rs 60 crore. The financial institution, it is learnt, is bargaining for a higher price of around Rs 90 crore to Rs 100 crore.


Dunlop eggs CLB to defer centre nominees induction
NTPC may pilot shell companies in bid to speed up power projects

Experts call for uniform accounting standards
Red tape stalls HMT divestment plans

Time is opportune to set up a free port
Federal rate cut

New NPA provisioning norms for mutual funds on the cards
Stringent norms for buyback through SEs

MTV India to anchor overseas operations in Bangalore
Of red beads, white beads & professional management

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