The Hindu Business Line : Saturday, March 06, 2004

POLITICS
Poll painters in AP don't have it easy
THE writing on the wall for the 2.25 lakh artists and workers in the State is clear. They should not be seen writing slogans or setting up cut-outs. Or else, they will be punished. Contrary to popular belief that they make a fast buck during ... More

Political parties urged to support children's issues
A NUMBER of child rights activists have joined hands to put pressure on the political parties to pledge support to the children's cause and come out with specific assurances in their election manifestoes. "We insist that every political party ... More

FINANCIAL POLICY
FDI cap hike to 74 pc in pvt banks notified
THE foreign direct investment (FDI) cap in private banks has been raised to 74 per cent under the automatic route from the existing 49 per cent. The guidelines notified today by the Department of Industrial Policy and Promotion (DIPP) has, ... More

Foreign banks allowed 100 pc subsidiaries
THE Government has stipulated that foreign banks can set up 100 per cent subsidiaries in India. It has also allowed takeovers by foreign banks by permitting acquisition of up to 74 per cent stake in existing private bank to set up a ... More

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