Financial Daily from THE HINDU group of publications
Sunday, February 26, 2006
Markets (Feb 24)
BSE Sensex10200.76 (-43.29)
S&P CNX Nifty3052.05 (-12.09)
US Dollar (Buy/Sell)44.47


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Over 60% USO fund unused — Amount is put at Rs 7,000 cr
More than half the money that telecom consumers pay for creation of rural telephony infrastructure is lying unused in Government coffers. Of the Rs 10,753 crore collected by the Government in the form of Universal Service Obligation (USO) ... More

Reliance Infocomm: Value likely on listing
Key indicators
Margins show improvement.
Balance-sheet sports a cleaner look.
Scope for new business initiatives.
IPO is imminent.
More

Ericsson opens R&D facility in Chennai
New services The global service delivery centre will cater to global customers, providing service integration capabilities for complex telecom projects. More

Telecom cos set to cut tariffs
More telecom companies are set to slash tariffs across the country, following the One India tariff announced recently by BSNL and MTNL, the state-owned operators. "From March 1, 90 per cent of the ... More

HARDWARE


Taiwan's Foxconn to set up SEZ with Motorola, TN
Foxconn, a Taiwanese electronics component manufacturer, proposes to set up a special economic zone (SEZ) jointly with the US telecom equipment company, Motorola, and a Tamil Nadu Government agency near Chennai. It plans to invest a total of ... More

EVENTS


Indian companies need to spot game-changing ideas
There are plenty of $30-200-million deals for application business and sustainable demand for the next three to four years. More



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In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Feb. 19-Feb. 25
Telcos want refund of excess ADC

Key meeting today on new ADC policy — TRAI, DOT set to dial in One India tariff

DoT for lowering cost of telecom operations



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