The Hindu Business Line : Friday, February 21, 2003

GoM meeting today to review ceiling in 32 industry segments — FDI floodgates may be opened
THIS could hold the real big-bang for the economy. Barely days before the presentation of the Budget, FDI ceiling in 32 industry segments falling under eight broad industry categories are coming up for review before the Group of Ministers ... More

FDI limit may go up for DTH services
THE Government is considering further liberalisation of the broadcasting sector by considering raising the foreign direct investment (FDI) cap in direct-to-home (DTH) broadcasting. Currently, 20 per cent FDI is permitted for companies proposing ... More

Futures trading allowed in 54 commodities
THE Government has virtually thrown open the entire farm/commodities sector for futures trading, with the existing ban on such trading in respect of 54 commodities, including foodgrains, gold and silver, being lifted. The Cabinet Committee on ... More

ONGC told `not to bid for HPCL'
IN a recent development, the Government top brass has informally told Oil and Natural Gas Corporation (ONGC) Chairman and Managing Director, Mr Subir Raha, that ONGC, a Government-controlled company, should not bid for Hindustan Petroleum ... More

`Air India, IA divestment being reviewed'
THE Minister for Disinvestment, Mr Arun Shourie, today said that the proposed disinvestment of Air India (AI) and Indian Airlines (IA) is being reviewed at the inter-ministerial level. In a written reply to a question raised in the Rajya Sabha, ... More

The bottled water saga — A tale of 2 norms, 3 ministries,1 NGO
FROM Bailley in Maharashtra, Green Valley in Kerala or Team in Tamil Nadu to national players like Bisleri, Aquafina and Kinley - the fate of all players in the Rs 1,000-crore packaged water industry seems to be bottling down to a tale of two ... More

CCEA nod for ONGC to buy stake in MRPL
THE Cabinet Committee on Economic Affairs (CCEA) has approved the proposal facilitating the acquisition of entire shareholding of Indian Rayon & Industries in Mangalore Refinery & Petrochemicals Ltd (MRPL) by the Oil and Natural Gas Corporation ... More

The Indian tourist is in great demand
THE Indian tourist is being wooed like never before by countries far and near. Turkey, for instance, is keen that Indian tourists come calling, not only to imbibe a bit of history but also to rejuvenate themselves at the number of Spas which dot ... More

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