Cabinet meet to discuss bank Bill tomorrow
UNDAUNTED by the nation-wide strike called by the bank unions on Wednesday, the Ministry of Finance has decided to go ahead with the proposed Bill allowing the reduction of Government equity in public sector banks to 33 per cent.

Williamson Magor tea outfits unveil plans
THE boards of two Williamson Magor group tea outfits -- Bishnauth Tea Company Ltd and George Williamson (Assam) Ltd -- met here today with contrasting principal agenda. The operative parts of the respective decisions were: Bishnauth would sell a few not- so-profitable gardens to tone up its balance sheet; the financially sound GW(A) would buy ``some'' estates in Assam to enhance its export potential.

FIs seek exemption from compulsory disclosures
THE financial institutions (FIs) have sought exemption from having to make compulsory disclosures on holdings and have argued that they should not be treated at par with `acquirers'.

Sensex up on bull run
STOCKS bounced back as bulls charged on the Dalal Street on Tuesday and the benchmark BSE-30 sensitive index made good all the previous day's losses. Pivotals firmed up following massive short covering due to end-of-account considerations on the National Stock Exchange and fresh speculative purchases in select counters, dealers said.

Kurien enlivens cattle prattle
ICRISAT symposiums can be dry for the layman. But some people can milk the juice even at such occasions, especially when he is the `Milk King of India'.

No bank agents in drawing rooms
IF you were thinking of using your coffee table as a bank counter to open an account with that affable sales representative from the bank fawning over you... filling up the forms... taking down your preferences -- forget it. It's not happening any more. The Reserve Bank of India has banned it.

Indian experience: In a world of dotcoms, dot IN is out
EVERYBODY wants a dot-com. And nobody needs a dot-in. Well, that is what is happening in India these days, as the country's domain code name of .IN still remains largely unpopular in the cyberspace compared to the .COM and other generic domains.

Keki Mistry new MD of HDFC
MR Keki Mistry will be the new Managing Director of Housing Development Finance Corporation (HDFC).

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