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Sunday, December 26, 2004

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RBI paper moots single clearing entity for retail
A single national entity for clearing all retail payments in the country has been mooted. A vision document for 2005-08 released by the Reserve Bank of India suggests that the central bank should offload its clearing operations to a separate ... More

Reliance Infocomm raises $750 m in loan deal
RELIANCE Infocomm Ltd said on Saturday that it had raised $750 million (about Rs 3,300 crore) by way of loans from Export Development Canada (EDC) and a US Exim Bank guaranteed line of credit, to finance its telecom project. This marked the ... More

APEDA stamp for meat exports mandatory
MEAT and meat products exporters will now be required to necessarily conform to a new regulatory norm that seeks to ensure the adoption of high quality standards and thereby protect the export markets for such items. The Directorate General of ... More

Auto components, consumer electronic sectors worried — Thai FTA: Favourable tax regime sought
THE domestic auto component and consumer electronics industry are on tenterhooks. Afraid of being swept off their feet by cheap imports from Thailand resulting from the Free Trade Agreement (FTA) that became operational from September, the two ... More

RIL board meeting - what's in store?
THE stock market surge on Friday, when the Sensex crossed the 6,500-mark, is said to have been buoyed by a 3.5-per cent spurt by Reliance as the punters anticipated great things from the Monday's board meeting. The market sentiment has, at its ... More




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