THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, February 12, 2001

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Page One

Safety panel sets 20 pc norm for rail investments
THE high-level Railway Safety Committee has said that the Indian Railways should invest only in projects which generate a rate of return (RoR) of over 20 per cent.

Tata-AIG to kick off with IT products -- Roadshows from today for soft launch next month
TATA-AIG General Insurance Company Ltd is starting roadshows in four metros and some major cities from Monday prior to the soft launch of its insurance products in March.

100 pc foreign-owned NBFCs on cards
THE Government has finalised a proposal for Cabinet approval which seeks to permit the conversion of a holding company set up by overseas investors in the domestic financial services segment into a fully-owned operating company.

Bank VRS optees take demands to court
THE voluntary retirement scheme (VRS) saga of the banking sector is far from over. Disputes between the management and the VRS beneficiaries over payments is now moving out of the bank headquarters to a different turf -- the court-room.


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