Financial Daily from THE HINDU group of publications
Thursday, September 16, 2004

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Maran pushes for broadband sops — Holds talks with Chidambaram
THE Communications and IT Minister, Mr Dayanidhi Maran, today met the Finance Minister, Mr P. Chidambaram, to seek fiscal incentive for broadband usage. The Government is scheduled to announce the policy initiative tomorrow. The meeting ... More

Bombay High Court asks BCCI not to grant telecast rights till case is over
THE Bombay High Court on Wednesday told the Board of Control for Cricket in India (BCCI) not to award the broadcast rights for cricket matches from October 2004 to September 2008 till the petition filed by ESPN-Star Sports is heard and disposed ... More

Govt to seek clarifications from Suzuki as NOC issue crops up
SUZUKI'S plan to create a wholly owned subsidiary to manufacture cars in India may run into trouble as the company has not taken a formal clearance from the Ministry of Heavy Industries. The Government is a joint venture partner in Suzuki's ... More

Birla Corp focused on growth, says Lodha
FOR the first time since Priyamvada Birla's will was read out to the Birla clan two months ago, Mr Rajendra Singh Lodha, Co-Chairman of Birla Corporation, today sent out a strong signal to his opponents about his feelings and intentions. In ... More

Confusion over chairing Birla Corp AGM
TODAY'S Birla Corporation annual general meeting started with an enormous amount of confusion over who would chair the meeting. Not surprisingly, this led to a mood of confrontation among the shareholders. The meeting started off with Mr ... More

IA board okays induction of 9 wide-bodied aircraft
THE board of Indian Airlines on Wednesday approved the induction of nine wide-bodied aircraft, which includes replacement for the existing three wide-bodied Airbus A-300 aircraft. The technical committee of the airline has recommended that one ... More

When Rabri met Lalu... and discussed Rlys
WHEN the Bihar Chief Minister met the Railway Minister today, they talked business for about half-an-hour. If you find that hard to believe, just read the official release issued by the Ministry of Railways: "The Chief Minister of Bihar, Ms ... More

No monopoly for Infy on `Infosys' trademark
THE Bangalore-based Infosys Technologies Ltd may be a premier Indian company as far as IT services are concerned, but it cannot hold a monopoly on trademark `Infosys'. It was so decided by the Chennai Bench of the Intellectual Property Appellate ... More

IA introduces `Fly select fares'
Indian Airlines on Wednesday announced `Fly select fares' which offers tickets at reduced rates in economy class on select flights on 10 sectors including Bangalore-Delhi, Delhi-Mumbai, Chennai-Delhi, Chennai-Hyderabad and Mumbai-Hyderabad or in ... More

Low-cost tickets make up bulk of rail Net bookings
THE Railways' Internet-based ticket booking system is turning out to be a huge draw. And interestingly, the majority of the bookings are being made for the low-cost and non-AC ticket segments. Moreover, it is not just the metros that are ... More

Profit-booking stems 8-day rally
SNAPPING the eight-day rally, the benchmark indices closed on a subdued note on Wednesday. After scaling a high of 5456.85, the BSE Sensex ended the day at 5420.09. This represents a drop of 8.68 points from Tuesday's close. The S&P CNX Nifty was More

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