Financial Daily from THE HINDU group of publications
Monday, January 06, 2003

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Mobile ISD rates may drop 62.5 pc — Calls to US, Europe, Gulf set to cost Rs 9 per minute
AFTER the recent slash in mobile-to-mobile STD tariffs, it is turn of the ISD call charges to come tumbling down. According to industry sources, the cellular operators who had initiated the STD rate cuts bringing into force a single rate of Rs ... More

Was Ministry plan on metro airports leasing vague?
DID the Ministry of Civil Aviation place before the Union Cabinet a half-baked proposal on the leasing of the four metro airports at Delhi, Mumbai, Chennai and Kolkata? It would appear so as otherwise there is no reason why the Cabinet should ... More

Diabetics... watch out on insulin
ALL that is sweet needs to be taken with a pinch of salt. Even as the week-end brought sweet news to diabetic patients, with insulin manufacturers announcing hefty price reductions on human insulin - consumers have, however, been cautioned ... More

BJP panel rejects Kelkar proposals
WITH Assembly elections due in as many as nine States this year, the BJP is set to reject a slew of recommendations made by the Kelkar Committee that would be perceived as hurting the interests of the salaried middle-class and corporates. The ... More

`Payments' behind forex reserves surge
THE country's foreign exchange reserves have surged by a record $16.18 billion so far during 2002-03 (April-March), with total reserves at $70.29 billion as on December 27. The fiscal is likely to close with reserves crossing $75 billion, marking ... More

BSNL not keen on parking Rs 200 cr in ITI
IN what could be a big setback to ITI Ltd., telecom behemoth Bharat Sanchar Nigam Ltd (BSNL) has expressed reservations about investing Rs 200 crore in the form of preferential shares, as has been done by sister company Mahanagar Telephone Nigam ... More

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