The Hindu Business Line : Friday, December 19, 2003

Infosys to buy Australian firm Expert for $22.9 m
SOFTWARE bellwether Infosys Technologies Ltd finally announced its much-awaited maiden buy-out, four-and-half years after it listed on the Nasdaq to raise funds for such acquisitions and sifting through 135 companies for the right match. The ... More

Organised sector jobs shrink 5 consecutive years (1998-02)
CALL it a coincidence or whatever, but every single year of the tenure of the present as well as preceding BJP-led Government has witnessed a decline in organised sector jobs. In the initial post-liberalisation period, total organised sector ... More

IDBI may sell stake in IDBI Bank
INDUSTRIAL Development Bank of India (IDBI) may sell its stake in IDBI Bank Ltd before merging itself with a public sector bank. Speaking to Business Line on the sidelines of a workshop series on corporate governance organised by ... More

Sterlite plans rights issue
STERLITE Industries (India) Ltd plans to issue equity shares to its existing shareholders on a rights basis. The board of directors would meet on December 24 to consider the issue, the company informed the stock exchanges on Thursday. The ... More

Reliance Infocomm launches roaming at no extra cost
RELIANCE Infocomm has announced a nationwide roaming for all Reliance IndiaMobile (RIM) customers at no extra charge. RIM customers can now carry their Reliance IndiaMobile phones across the pan India Reliance network and make calls at the ... More

BSNL seeks more time for better billing system
THE Telecom Regulatory Authority of India (TRAI) has pulled up Bharat Sanchar Nigam Ltd (BSNL) for failing to install a call detail record (CDR)-based billing system because of which private operators are being forced to make excess payments as ... More

Govt approves freeze on wheat procurement price
THE Government on Thursday approved a freeze in the procurement price of the 2003-04 wheat crop to be procured during the coming 2004-05 rabi marketing season. The minimum support price (MSP) of the current year's crop has been set at Rs 630 ... More

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