Switching equipment tender evaluation unfair: ITI
THE public sector telecom equipment manufacturer and supplier, ITI Ltd, has written to the Department of Telecommunications (DoT) protesting the evaluating process adopted while selecting suppliers for 20.45 lakh lines for new technology switching equipm ent.

VSNL to be compensated for revenue loss
VIDESH Sanchar Nigam Ltd. will be adequately compensated by the government for its losses arising from the premature termination of its monopoly in international telephony, said Mr. S. K. Gupta, Chairman and Managing Director, at the company's Annual Gen eral Meeting here on Tuesday.

ADR document cites Premji's huge Wipro stake as risk factor
THE Wipro Chairman, Mr Azim Premji's huge stake in the company may not be a big issue to investors at the Indian bourses. But Wipro sees it as a risk factor for the US market and has promptly listed it as one.

Zee Tele sees 30 pc rise in H1 revenues
ZEE Telefilms Ltd (ZTL) today officially said that it had appointed investment bankers to examine the dilution of up to 20 per cent equity in its fully owned cable network, Siticable.

CLB bars share issue by United Western Bank
THE Company Law Board (CLB) has restrained the management of the Satara-based United Western Bank Ltd from issuing any fresh equity shares through rights or otherwise.

Queries bog down Crown proposal
THE launch of Crown Express, the new private domestic airline waiting in the wings, may be delayed further with the Government seeking clarifications about the promoters' experience in civil aviation and the structure of Crown's operating company in Indi a.

Delhi cable operators' strike may snowball
COUCH potatoes in Delhi have turned sour, with the local cable operators calling a three-day strike since Monday midnight. Now, with several other cable operators across the length and breadth of the country threatening to join, the protest seems to be s preading.

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