
Friday, December 11, 1998
IDBI to scale down disbursements target
IDBI is planning to revise downward its disbursement target for the current financial year. IDBI executive director S K Chakrabarti, said that the disbursement target for fiscal 1998-99 at Rs 23,000 crore is not likely to be achieved because of the continued slowdown in the economy.

New telecom licence structure to be dismantled: PM
The present telecom licence structure will be done away with in favour of `more fundamental and durable solutions' to impart a major boost to the growth of the telecom sector, prime minister Atal Behari Vajpayee said.

Hyundai reopens booking for Santro on Jan.4
Deliveries for the second round of orders would begin in February, a statement from HMIL said here. Customer orders would be accepted against production volumes of February-March next year on full payment basis at existing prices of the car.

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