The Hindu Business Line : Wednesday, November 26, 2003

Bank of India cuts prime lending rate
BANK of India has cut its prime lending rate (PLR) by 0.5 percentage points to 11 per cent effective December 1, 2003. "Pending emergence of guidelines for a benchmark PLR, Bank of India has taken this step to work out its own PLR in accordance ... More

Nestle has no plan to delist, says Donati
Even as the market is agog with companies delisting from the bourses, global food major Nestle India Ltd does not seem to be set to join that bandwagon. Scotching market rumours, Nestle India's CMD, Mr Carlo M. Donati, told Business Line ... More

IDL blast leaves 7 workers dead
A POWERFUL blast at IDL Ltd, a part of the Gulf Oil Corporation, killed seven workers and wrecked damage on some of the plant facilities in Kukatpally area on Tuesday. The blast occurred around 4 p.m. in the detonator fuse shop, where about 15 ... More

BSNL blocking our calls, say CDMA mobile operators
AFTER their long-standing dispute with the GSM cellular operators, it is now the turn of CDMA mobile service providers to take on the might of Bharat Sanchar Nigam Ltd (BSNL). The operators, who have only recently migrated from limited mobility ... More

TRAI extends IUC implementation to Dec 15
THE Telecom Regulatory Authority of India (TRAI) has extended the date of implementation of the revised interconnection usage charge (IUC) regime by 15 days to December 15. According to an official statement from the Authority, some of the ... More

Zen's mascot: Tiger or leopard?
WHAT exactly is the mascot of the new Zen, the upgraded version of the popular compact car from Maruti Udyog Limited (MUL)? The advertising campaign for the car, released on Monday, features a tiger chasing a blonde model on the streets of ... More

Where have all the cardholders gone?
A ration outlet in Kerala's Thrissur district presents a tell-tale picture. Ration outlets were buzzing with activity until three years ago. Long queues of cardholders could be seen in front of the outlets during festival seasons, with people ... More