TRAI seeks more powers to resolve interconnect rows
THE Telecom Regulatory Authority of India (TRAI) said on Thursday that it will approach either the Supreme Court or the Government to amend the TRAI Act to get more powers to intervene in disputes relating to interconnection. Mr Pardip Baijal, ...
No plans for berth on RIL board now: LIC chief
`Crisis will not impact investments'
EXUDING confidence that the storm hitting the Reliance empire will blow away soon, the largest institutional shareholder in Reliance Industries Ltd - the Life Insurance Corporation - today said that it had no immediate plans to intervene in ...
SEBI amends listing pact terms to benefit investors
IN order to protect the interest of investors in securities and to promote the development of, and to regulate, the securities market, the Securities and Exchange Board of India (SEBI) has amended the listing agreement terms. Now, the listed ...
Draft notification on standardisation of drugs issued
THE Ministry of Health and Family Welfare today issued a notification to amend Schedule M to the Drugs and Cosmetics Act to achieve uniform standardisation and production of quality drugs. This pertains to Good Manufacturing Practices and ...
Service area norms for banks, RRBs relaxed
COMMERCIAL banks and regional rural banks (RRBs) would, henceforth, be free to lend in any rural and semi-urban area and borrowers would have the choice of approaching any branch for their credit requirements. In a bid to give easy access to ...
India Inc heads optimism chart again, says survey
INDIAN businessmen appear to be the most optimistic about the prospects of the country's economy. And what is heartening is that this is so for the second successive year. The initial results of the 2005 International Business Owners Survey ...
Sugar, hotel stocks make gains; HLL, Hindalco down
ENDING a five-day losing streak, the key benchmark indices closed on a positive note on Thursday. After a weak opening at 6259.5, the BSE Sensex dropped to a low of 6241.27 and recovered ground as the day progressed. The index closed at ...
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