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Saturday, May 13, 2000



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Industry output jumps, worries remain
India's industrial output more than doubled in the financial year 1999/2000 (April-March), driven primarily by a sharp increase in manufacturing output, government data released on Friday showed.




Sensex falls to 11-month low, ICE still melting
The stock market crisis deepened with shares sliding across the board to close at an 11-month low as investors worried over volatility dumped shares in thin trade.




FDI inflow-approval ratio improves in Jan-Mar
Actual inflow of foreign direct investment (FDI) as a percentage of approvals has shown a remarkable turn around in the current year so far, with inflows touching 93.12% of the total investment approved.




Other headlines

WPP buys Young & Rubicam for $ 4.7 bn
Online auctioneers face growing fraud problem
Govt urges pvt
GIV announces formation of its India operations
Zee stock falls 32 pc after results


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