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April 1997
World Bank agrees to fund infrastructure development
The World Bank has accepted the demand that it should finance infrastructure development to remove a key constraint on growth and poverty alleviation in developing countries.
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'Indian reforms have failed miserably'
Lord Swraj Paul, Baron of Marylebone, in an exclusive interview.
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WB may double funds to India
The World Bank may agree to India's plea for doubling its present annual loan of over one billion dollars.
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Coke seeks nod for 30 future projects
In an unpredented move, Coca Cola South Asia Holding has sought the Foreign Investment Promotion Board's clearance for about 30 future downstream projects for bottling ventures.
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Kerala's war over credit-deposit ratio takes serious turn
A senior banker says lending cannot be increased due to the virtual stagnation in the industrial and agricultural fronts in the state.
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Foreign institutional investments nosedive
The political turmoil witnessed by India in April caused net foreign institutional investments to nosedive to $ 1.6 million during April 1 to 15 as against the $ 172.5 million in March, a five-month high since November 1996.
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Why C M Ibrahim scuttled the Tata-SIA project?
Ibrahim, minister for civil aviation as well as information and broadcasting, effectively scuttled the Tata-SIA proposal while the fate of STAR TV's DTH service still hangs in the balance.
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ICICI, Prudential ink MoU for insurance business
To jointly explore opportunities in the life insurance business and set up a joint venture when the industry is opened to the private sector.
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