
Saturday, May 1, 1999
Industry Ministry to dilute entry norms of multinational subsidiaries
The Industry Ministry is quietly pushing through a proposal to dilute the entry norms of multinational subsidiaries despite stiff opposition from the Commerce Ministry.

RCF chalks out Rs 2,900 crore expansion
State-owned fertiliser major Rashtriya Chemicals and Fertilisers Ltd (RCF) has sketched out a major expansion strategy during the Ninth Plan period with a string of projects totalling an investment of Rs 2,900 crore.

Foreign institutional investors investing heavily in India
Contrary to expectations, foreign institutional investors (FIIs) seem to have invested heavily in the Indian markets after the fall of the Vajpayee government at the Centre. FIIs seem to have turned the ongoing political upheaval into an investment opportunity, pouring in over Rs 850 crore into the Indian markets.

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