Financial Daily from THE HINDU group of publications
Wednesday, August 21, 2002
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VSNL, Tata Teleservices may merge eventually — Committee report delayed by 2 months
THE first clear indication of what the Tatas intend to do with VSNL emerged today, with the Chairman of the company, Mr Ratan Tata, hinting at the possibility of an eventual merger of VSNL and Tata Teleservices, the basic telephony company in the ... More

Prabhu's problems began much earlier
THE omens weren't auguring well. About a month ago, the Shiv Sena leader, Mr Balasaheb Vikhe Patil, wrote to the Prime Minister, Mr A.B. Vajpayee, complaining about the performance of his friend, party and Cabinet colleague, the Power Minister, ... More

Not involved in TFL woes, says Ratan Tata
MR Ratan Tata, Chairman of the Tata group, on Tuesday said neither he nor the top management in the group were involved in the happenings at Tata Finance Ltd. The reports indicating this were grossly untrue, said Mr Tata at the sidelines after ... More

Cricket: High stakes for all — BCCI looks for second team
THE big bucks in cricket seem to be too good to ignore. Even as the Board of Control for Cricket in India (BCCI) has decided to go ahead and participate in the forthcoming International Cricket Council (ICC) Champions Trophy without the stars, it ... More

KBC set to make a comeback
WITH competitors like Zee and Sony nowhere in the reckoning, Star Plus is looking at consolidating its position further with Amitabh Bachchan and his Kaun Banega Crorepati (KBC) making a comeback. And this time around, the channel is ... More

Phaneesh, Infosys to settle ex-staffer suit out of court
INFOSYS Technologies and its former global sales, Mr Phaneesh Murthy, are reported to have agreed to participate in an off-court resolution of the sexual harassment suit filed by a former employee, Ms Reka Maximovitch, in order to avoid a public ... More

UTI sells stake in Bajaj Hindusthan
EVEN as the Bajajs grapple with a possible redistribution of family assets, Unit Trust of India (UTI) has sold about 9.50 per cent holding in the Shishir Bajaj-controlled Bajaj Hindusthan Ltd to the promoters in a negotiated deal. The mutual ... More

S.K. Gupta to stay as VSNL MD
MUMBAI: The Managing Director of VSNL, Mr S.K. Gupta, who retires at 60 on September 30, is to be appointed a Tata executive and deputed to VSNL, as Managing Director again. The retirement age in VSNL is 60 and that remains unchanged, ... More


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