The Hindu Business Line : Monday, December 01, 2003

HP plans buyback in Digital, to delist — Indicative price Rs 750 per sahre
HEWLETT-PACKARD (HP), a 50.6 per cent stake owner in software services vendor Digital GlobalSoft Ltd, has proposed to buy back stakes held by local minority shareholders and subsequently delist Digital from the bourses. The share buyback will ... More

Banks losing hope of returning capital to Govt
PUBLIC sector banks that had earlier this fiscal put in proposals to the Ministry of Finance for trimming their equity base by returning part of the capital to Government are losing hope of an early decision on this issue. In fact, after a wait ... More

Pak to lift ban on overflights soon — Air India, IA to save time, fuel
PASSENGERS flying Air India from and to India, especially Delhi to the Gulf, Europe and the US, can soon look forward to a shorter flight to their final destination. The announcement of the Pakistan President, General Pervez Musharraf, that ... More

TRAI may lower cap on global bandwidth rates
THE Telecom Regulatory Authority of India (TRAI) is likely to revise downwards the ceiling on the tariffs being charged for international leased bandwidth. This move is likely to benefit stand-alone Internet service providers (ISPs) and big ... More

Corporates breaking ice with a putt
MS Ravina Raj Kohli's speech at Star News channel's inaugural Golf Cup on Saturday said it all - the sport of golf is fast turning into India Inc's much-in-demand sport to mix business with pleasure. "We hope you will give us business," the ... More