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Business Briefs

Sebi move on GTB

New Delhi, Aug. 29: The Securities and Exchange Board of India will take action against those found guilty of manipulating the Global Trust Bank shares before the announcement of its merger with Oriental Bank of Commerce. “We are probing it,” chairman G. N. Bajpai said.

Trade policy

New Delhi, Aug. 29: The UPA government will unveil the first-ever national foreign trade policy on Tuesday to attract FDI in employment-oriented export units.

Dumping duty

New Delhi, Aug. 29: The European Union has decided not to continue with anti-dumping and countervailing duties on stainless steel wire imports from India.


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