The Indian Express -- Business

Thursday, July 10 1997

FOREX RATES INDICES STOCK

Kellogg, HLL FDI plans okayed

The Union government has cleared 62 foreign direct investment (FDI) proposals worth Rs 1,081 crore, including those by Kellogg, Marubeni, World Recreation Centre and Hindustan Lever.

SEBI `nod' to Times Guaranty for AMC causes confusion

Has Times Guaranty Financials got a SEBI "in principle" nod to set up an asset management company (AMC) or not? While Times Guaranty officials say they have, SEBI officials say they haven't.

VDIS picking up

Finance minister P Chidambaram's hard-sell of the voluntary disclosure of income scheme (VDIS) around the country seems to be having its impact. After a hesitant start, the scheme is showing strong signs of picking up, finance ministry officials point out.

Major ports may tie up with minors for modernisation

Bizbits -- EOU, EPZ norms eased

Industry asks state to shelve MIR Bill

Sebi inaction on rigged scrips leaves investors high & dry

Stockline

Chemical Weapons Treaty may not boost industry

BSE plans fund to avoid default

Merwanjee share sale off

Sensex crosses 4400 mark

Rating of six cos downgraded

Credit flow improves: RBI