THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Saturday, February 26, 2000

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Page One

 Rail freight rates up 5 pc -- Essential commodities, urea spared; No hike in passenger fares
THE Railway Minister, Ms. Mamata Banerjee, today unveiled a ``populist'' millennium Budget which spares all classes of passengers from fare hikes but could signal financial disaster for the Railways.

A people's Budget: Mamata
THE Railway Minister, Ms. Mamata Banerjee, lived up to her image of championing the cause of the poor by presenting what she called a Budget ``for the people, by the people and of the people''.

Sensex slips, loses 187
INDIAN stocks wiped out their previous gains as operators unwound positions in Bombay Stock Exchange's end-account trade today.

Zee Tele to raise $1.5 b via ADS issue
THE board of Zee Telefilms Ltd (ZTL), at its meeting today, decided on the biggest-ever overseas offering by an Indian corporate to date.


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