Financial Daily from THE HINDU group of publications
Wednesday, January 22, 2003
Markets (Jan. 21)
BL 2501130.96 (+3.04)
BSE Sensex3354.14 (+12.25)
S&P CNX Nifty1077.90 (+1.55)
Dollar (Buy/Sell)47.91/48.04
Gold Std (10 gm)5750 (-5)

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Cell-to-cell incoming calls made free
TODAY can, without doubt, go down in history as the day of the `mobile consumer' in the country. Even as private cellular operators have made the expected announcement of free mobile-to-mobile (M2M) incoming calls, Tata Teleservices Ltd (TTSL) ... More

BSNL, MTNL, Reliance stay out
CLOSE to 1.5 million cellular subscribers across the country have reason to be dejected. The reason — the good news of free incoming M2M calls exclude the subscribers of Reliance, BSNL and MTNL. While Reliance Telecom which offers ... More

BPL Mobile hikes rental, access fee
BPL Mobile, which has the second largest subscriber base in Mumbai after Orange (Hutch group), has announced free incoming calls from any other GSM mobile from January 23, for both its pre-paid and post-paid subscribers here. It has brought ... More

Long-distance operations — Telecom rivals to join hands
THE controversy-ridden telecom sector, which has seen the top Indian corporates houses - Reliance, Tata and the Bharti groups - at each other's throats, is all set to witness their first-ever "joint venture with equal stakes", courtesy their ... More

Low rates for steel cos; debt recast plan cleared
THE corporate debt restructuring forum of financial institutions (FIs) and banks today approved a revamp of about Rs 20,000-crore debt of three major steel-makers - Essar Steel Ltd, Ispat Industries Ltd and Jindal Vijayanagar Steel Ltd. The ... More

Cement arm: L&T meet on Jan 29
A BOARD meeting of Larsen & Toubro has been scheduled for January 29 to consider the results for the third quarter ending December 31, 2003, said a news release from the company. Apart from this routine purpose, an independent valuation of ... More

HDFC net up on higher income from operations
HDFC Ltd has recorded a 21 per cent increase in net profit at Rs 146.65 crore for the third quarter ended December 31, 2002. This is against a net profit of Rs 121.01 crore during the corresponding quarter of the previous year. The increase in ... More

Credit cards can be used freely abroad
HARDLY a fortnight after announcing `big ticket' measures for liberalising overseas investments by individuals, corporates and mutual funds, here comes another move by the Government to encourage outflow of foreign exchange from the country. ... More

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