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Wednesday, November 25, 1998

Cabinet nod to delink Sidbi
The Union cabinet has approved the proposal to delink the Small Industries Development Bank of India (Sidbi) from the Industrial Development Bank of India (IDBI). An bill to this effect amending the SIDBI Act 1989 would be introduced in the forthcoming Winter Session of Parliament.

D'Souza lobbying for President's rule
With every likelihood of Goa Chief Minister Wilfred D'Souza facing defeat in the special session called by Governor J F R Jacob for a vote of confidence on Thursday, the ruling coalition in the state is pressing for President's rule.

Industry happy over insurance policy
While the industry expressed its happiness over the Union cabinet's decision to allow 40% foreign equity participation in the insurance sector, insurance employees in the public sector today staged protest demonstrations in front of their offices to condemn the government decision.

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GM not to bring in $50 mn
The US auto major General Motors (GM) has expressed its inability to bring in foreign equity of $50 million for its Opel car project, a condition stipulated by government for foreign car companies to operate in India.

 


LEISURE
  Art for all
  What do you know?

SPORTS
  Devang Gandhi takes West Indies to task
  Wasim Jaffer in India `A' team for two Tests

EXPRESSIONS
  Politics in an image trap
  It's the silence of the lambs

BUSINESS
  RIL keen to take up plantation
  Piaggio's plea dismissed

GENERAL
  Don't strike, just support us, Iraqi opposition tells UK, US
  Sharma plea: Notice issued to Centre, Delhi

POLITICS
  Thackeray draws back-to-basics plan to rejuvenate Shiv Sena
  Cong would rather go to the people: Pawar


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