Saturday, August 7, 1999
RBI panel moots corporate entry into Repos
The sub-group of a RBI advisory committee has recommended that all entities may be allowed to undertake repurchase agreements (Repos) in all government securities, PSU bonds, private corporate debt securities and all-India financial institutions bonds.
Sebi panel to finalise VC norms in 3 months
The committee on venture capital (VC) set up by the Securities and Exchange Board of India (SEBI) is expected to finalise its report on developmental and regulatory issues within a span of three months.
Honda seeks nod for scooters JV
Japan's Honda Motors Company has sought the permission of the Foreign Investment Promotion Board (FIPB) to set up a 100% subsidiary to manufacture scooters in India.
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