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BSNL issues notice to Reliance on ILD traffic — `Pay up or face disconnection in 30 cities'
BHARAT Sanchar Nigam Ltd has served disconnection notices to Reliance Infocomm in at least 30 cities - including Chennai, Mumbai and Pune - for routing international long distance (ILD) calls illegally. The State-owned company has asked ...
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Sensex up 90 on good corporate earnings buzz
STOCK markets soared for the fourth consecutive trading day today on prospects of better-than-expected corporate earnings for the July-September 2004 quarter. The Sensex touched a high of 5785.04, a gain of over 109 points in intra-day ...
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Ministry to move note on recapitalising IA, AI
THE coming weeks are likely to be crucial for the aviation sector. The Ministry of Civil Aviation not only plans to move a Cabinet note seeking its approval to recapitalise the two cash-starved state-owned airlines - Air India (AI) and Indian ...
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Lenders readying BPL debt recast
WHILE the promoter family of Bangalore-based consumer durable maker BPL squabbles on before the Company Law Board (CLB), the lenders to the company are looking ahead to the future of the business they helped build. Led by ICICI Bank, BPL's ...
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Meher Pudumjee to take over as Chairperson today — Thermax in `transformation' phase
ENGINEERING company Thermax Ltd, which went through a major turnaround exercise over the last couple of years, is gearing up for a transformation phase, which will double its turnover and triple profits by 2008. The company, which roped in ...
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Banks, FIs against Morepen's FD conversion plan
BANKS and financial institutions have raised objections to Morepen Laboratories Ltd's (MLL) proposal to allow the fixed deposit (FD) holders of the company to opt for a conversion of their FDs into fully convertible debentures (FCDs). They have ...
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Cricket rights to DD subject to SC ruling
THE Board of Control for Cricket in India (BCCI) may have offered the telecast rights of the forthcoming series between Australia, South Africa and India to the national broadcaster, Prasar Bharati, but this too would be subject to the Supreme ...
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Direct tax collections for April-Sept up 33.16 per cent
AIDED by healthy mop-up on the income-tax front, direct tax collections of the Central Government increased by 33.16 per cent during April 1-September 28 to touch Rs 44,143 crore as against Rs 33,150 crore in the same period last year. The ...
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H-1B visa cap: Is there still hope for Indian techies?
Researchers point out that the job losses were the direct consequence of various measures, including the shipping of work to low-cost countries and the use of H-1B visas, which can be used to import computer programmers and other skilled workers.
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Price crash on the horizon for textile exporters: Report
COME January 2005, and the biggest nightmare of textile manufacturers may well become reality. With the quota regime on global textile trade on its way out, prices are expected to crash like never before and analysts expect an immediate fall of ...
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Bloopers just a blip, say medical transcription cos
A patient's `phlebitis (vein inflammation) left leg' was typed out as `flea bite his left leg' while a `below knee amputation' was transcribed as `baloney amputation'. Hilarious as these may sound, these errors or transcription bloopers have ...
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