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Saturday, February 05, 2005

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Hutch consolidates operations — Brings mobile biz under single entity
THE Hutchison Essar group has consolidated its mobile interests under a single entity Hutchison Max Telecom Ltd in preparation for a domestic initial public offer later this year. Although this has happened hot on the heels of the hike in FDI ... More

Reliance Infocomm misrepresented facts on overseas calls: DoT
THE Department of Telecom (DoT) told the telecom tribunal today that Reliance Infocomm had misrepresented facts to avoid payment of access deficit charges (ADC) while routing international long distance calls as local ones. In a counter ... More

Mid-cap stocks sizzle on FII interest
MID-CAP stocks sizzled at the bourses on Friday with NSE's Mid-cap Index touching its all-time high. The 200-stock mid-cap index gained 29.25 points intra-day to touch a record level of 2724.95. The index shed a little towards the end of the day ... More

Even with rating upgrade — Corporates prefer rupee term loans to ECBs
DESPITE the sovereign rating upgrade by international rating agency Standard and Poor's, corporates are expected to remain wary of foreign currency borrowings. Banking sources said foreign currency borrowings are already available at low spreads, ... More

TRAI moves SC seeking power to resolve interconnection rows
THE Telecom Regulatory Authority of India (TRAI) has approached the Supreme Court seeking powers to resolve disputes relating to interconnection between service providers. The move comes after the Telecom Dispute Settlement Appellate Tribunal ... More

Any alternative to FII, FDI funds for banks?
If the Fed can regulate and supervise Citi and other banks, it is equally possible for RBI to do the same. More

TV news channels don new look
IT'S not just celebrities who believe in reinventing themselves. Television news channels too are donning new looks with the help of well-known international design houses. Star News, for instance, recently hired BBC Broadcast Design, while ... More

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    BSNL challenges TDSAT order on extending tariff cut to pvt operators

    Pantaloon to pick up 49 pc stake in Planet Sports for Rs 14. 2 crore

    Inflation declines on cheaper food, edible oils

    Market intervention to hold prices — Procurement may cost Cotton Corp Rs 325 cr

    Nirma, Henko also to cost more

    Vegoil imports increase

    Ministry cuts cargo charges for coastal vessels by 40 pc

    In Focus

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    India Inc's overseas acquisition
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    Looking back
    Jan. 23-Jan. 29
    On track to $50-b export goal: Maran


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