The Hindu Business Line : Monday, June 23, 2003

MTNL, ITI, TCIL drop global long distance plan
CLOSE on the heels of Bharat Sanchar Nigam Ltd (BSNL), it's now the turn of the remaining telecom public sector companies — Mahanagar Telephone Nigam Ltd (MTNL), ITI Ltd and Telecommunications Consultants India Ltd (TCIL) — to shelve ... More

Optical network plans derailed by Chinese co — RailTel, once bitten twice shy
IN a move that has confounded Railtel Corporation of India (RailTel) - the telecom subsidiary of Indian Railways - the Chinese telecom equipment provider Huawei Technologies Ltd has placed its bid to deploy high-speed optical fibre cable ... More

Recreation co stocks out of investor favour
EVEN though entertainment and amusement parks all over urban India are doing brisk businesses, the stocks of the listed recreation park companies are not finding any favour with the investing community. And this despite the fact that the market ... More

DCA may allow companies to roll over debentures
THE Department of Company Affairs (DCA) has in-principle agreed to the notion of allowing companies, especially unlisted ones, to rollover their debentures so long as 75 per cent of the debenture holders give their consent to such a proposal ... More

ITES billing rates crash; shakeout imminent
CUT-THROAT competition in the market has driven down billing rates in India's IT-enabled services industry to rock bottom levels, portending that an inevitable shakeout in the sunrise sector is just round the corner. Industry experts say that ... More

Exorbitant charges threaten viability of programme, feels Ministry — States asked to pare levies on ethanol
EVEN as the deadlock between oil companies and sugar mills over pricing of ethanol continues, the Petroleum Minister, Mr Ram Naik, has written to the Chief Ministers of major sugarcane producing States to rationalise sales tax and other local ... More

Toyota's new MPV may replace Qualis
TOYOTA Motors' prestigious international multipurpose vehicle, expected to be launched late next year in many Asian countries, may replace the Qualis model in India. Toyota Kirloskar Motor Company (TMK) is understood to be looking at the ... More

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