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Saturday, March 06, 2004
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 ...
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 ...
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