Online edition of India's National Newspaper
Tuesday, April 15, 2003
Online edition of India's National Newspaper Tuesday, April 15, 2003 |
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Mitsui Sumitomo picks up stake CGICL CHENNAI, APRIL 14.Mitsui Sumitomo Insurance Company of Japan has picked up a 26 per cent equity stake in the Chennai-based Cholamandalam General Insurance Company Ltd. (CGICL). The induction of the Japanese company as a financial partner is ... `RBI may cut Bank Rate in credit policy' MUMBAI, APRIL 14.Banking experts expect the Reserve Bank of India to effect a marginal downward revision in the Bank Rate in its forthcoming Credit and Monetary Policy for the first six months to be announced on April 29. "We are expecting ... No liquidity crisis, says ICICI Bank MUMBAI, APRIL 14.ICICI Bank today reiterated that it is not facing any liquidity crisis and has more than sufficient funding resources available to meet all its liability payments and other commitments. "Like all other banks, ICICI Bank ... Jindal Steel's rail mill on stream KOLKATA. APRIL 14. The sponge iron major, Jindal Steel and Power Ltd (JSPL) will begin commercial production of rails in May. According to sources, the 7.5 million tonne rail-cum-structural mill of JSPL that went on stream ahead of schedule in ... Other Stories
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