Saturday, October 17, 1998
PM to head divestment group
With the process of disinvestment not really taking off, the Prime Minister has decided that he will personally head the Group of Ministers which will be constituted to kickstart the process.
Apple Credit downgraded
Investment Information and Credit Rating Agency (ICRA) has downgraded the credit rating of two non-banking finance companies (NBFCs), Apple Credit Corporation Ltd and Wall Street Finance Ltd.
NIIT plans $ 100 mn takeover in US
The Rs 648 crore NIIT Limited has finalised plans to acquire a US-based information technology (IT) company within the next one year to access the US market at international prices.
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