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FDI ceiling raised to 74 p.c.
NEW DELHI, MARCH 5.The Government today hiked the foreign investment ceiling in private banks from 49 to 74 per cent and allowed foreign banks to set up subsidiaries in the country. A Government notification said the overall foreign holding of ...

FINANCIAL SCENE
Government-owned banks make no impact
The highly visible public sector sale programme is being led by a few high-profile private merchant banks. Public sector banks have been marginalised.

Six PSU issues, six lessons
NEW DELHI, MARCH 5. The Union Disinvestment Minister, Arun Shourie, today devoted considerable time in his press conference responding to critics of the current round of sell-off of government equity. Referring to the widespread comments that ...

Other Stories

  • `High steel prices fuelling inflation'
  • Samsonite plans second unit
  • Rupee rallies against dollar
  • PSU stocks hog limelight
  • `Inflation: no cause for concern'
  • Will ONGC issue evoke retail response?

    Barometer
  • Stock Market Index
  • Exchange rates
  • Bullion rates

    Briefly
  • DCI offer price at Rs. 400
  • Hero group's plan to expand network
  • SBI launches foreign travel card
  • CSC opens fourth development centre
  • PNB's Tier-II bonds
  • Bank assistance for LPG
  • Voltas launches new range of ACs
  • VSNL to revise carrying value of assets
  • Bangkok Airways team to visit Guwahati
  • SBI signs MoU with Siemens
  • Four companies join BSA
  • FedEX Express introduces new route
  • GM India February sales up
  • Club Mahindra's marketing initiative
  • Computer mela
  • Lakshmi Vilas Bank shifts branch



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