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Sunday, January 16, 2005

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Banking sector reforms roadmap gets ready
THE much-awaited roadmap for banking sector reforms, including a hike in the foreign direct investment (FDI) cap on private sector banks from the current level of 49 per cent to 74 per cent, is likely to be unveiled early next week. The roadmap ... More

FII inflows make a lukewarm start
INVESTMENTS by foreign institutional investors (FIIs) this year got off to a tepid start with inflows into the equities market totalling only Rs 190.9 crore. This is less than one-tenth the sum invested by FIIs during the first two weeks of the ... More

No change in petrol, diesel prices now
PETROL and diesel prices would remain unchanged this fortnight. Oil companies review retail prices every 15 days and were scheduled to take a decision on revising them on Saturday. "I don't expect them (oil companies) to increase prices," the ... More

Chairman for power tribunal to be chosen in 2 weeks
THE Union Power Ministry will select a chairman for the appellate tribunal for power, a quasi-judiciary body for settling disputes between power sector companies, within two weeks. The Government has finalised three members to be appointed on ... More

More niche channels may pressure ad rates
WITH more number of television channels planned for this year, the merrier it will be for advertisers. According to senior media planners, downward pressure on advertising rates seems inevitable. And this is already evident from the fact that ... More

Dabhol solution `in sight'
THE Union Power Minister, Mr P.M. Sayeed, has said the Government may be close to a solution for restarting the 2,187-MW Dabhol power project, lying closed since May 2001. "A solution is in sight. It could come pretty soon... may be in a few ... More

Co Affairs Ministry seeks info on Reliance Group
THE Ministry of Company Affairs (MCA) is understood to have sought information from its western region office on various Reliance Group companies. The Ministry's move has come in the wake of recent media reports pertaining to the bitter battle ... More

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