TELECOMMUNICATIONS
Cellular operators seek DoT help to sign roaming pact with BSNL
IF you are a Hutch or Airtel subscriber and you travel to a remote pocket of Bihar, chances are that your cell-phone will be rendered useless, while your friend with a Bharat Sanchar Nigam Ltd (BSNL)'s `CellOne' mobile phone connection will be ... More

Aircel applies for licences in 8 circles
AIRCEL Ltd, part of the Sterling group, has applied for licences to start cellular mobile services in eight circles. Besides, it is also interested in starting services in Jammu and Kashmir. The circles for which Aircel has applied for licences ... More

VSNL to downsize fixed assets
THE shareholders of Videsh Sanchar Nigam Ltd (VSNL) have endorsed a resolution that downsizes the carrying value of fixed assets of the company by Rs 956 crore, this amount to be utilised from the `securities premium account' of the ... More

Tatas to sell 25 pc stake in telecom venture to Avaya
AS part of its strategy to focus on the telecom services business, the Tata Group has decided to sell 25.1 per cent of equity in Tata Telecom Ltd to the US-based Avaya Inc, a global leader in Internet protocol services. An open offer has been ... More

HUMAN RESOURCES
`Move by Sun will not create jobs in India'
THE job cuts announced by Sun Microsystems on Friday will directly not create any jobs in India, said a company spokesperson here on Saturday. "No more jobs will be moved to India as a result of the job cuts announced," said Mr K.P. Unni ... More

INCOME TAX
Wipro `undertaking' in question
HOW does one define "undertaking"? This is what lies at the heart of recent tax demand slapped on Wipro. The word "undertaking" is important because Sec 10A of the Income-Tax Act speaks of "profits and gains as are derived by an undertaking", ... More

I-T versus IT — How it happened?
AMONG some of the biggest demands raised by the Income-Tax Department would figure the one that went to Wipro Ltd, asking for Rs 261 crore. According to reports, the tax demand was for fiscal 2000-01, or the assessment year 2001-02, as put in ... More