The Hindu Business Line : Saturday, March 02, 2002

CVD goes; handset makers smiling
The Finance Minister, Mr Yashwant Sinha, has given in to the long-standing demands of cellphone manufacturers and abolished the countervailing duty (CVD) of 16 per cent on cellphone imports, even while increasing the basic import duty from five ... More

More telecom M&As likely
THE telecom sector, which has been witnessing a spate of mergers and acquisitions during the past year, is in for more such activity in the coming year. In a move aimed at encouraging mergers and amalgamations in the telecom sector, the Finance ... More

BUDGET

Budget watch, blow by blow
WATCHING the Budget speech with the CFO of a software company gave the purely software industry professional view. Mr Ravi Ramu, CFO of MphasiS, walks in a few minutes after the Finance Minister, Mr Yashwant Sinha, began his Budget speech. Mr ... More

Not a disaster, but no killer app either
Mr S.C. Senapaty, CFO, Wipro Ltd: Computer hardware's expectations have not been met. The sector was looking forward to encouragement to manufacturing at global scale and deepening of computer penetration in the country. The postponement ... More

SOFTWARE

Huawei plans to invest $30 m
HUAWEI Technologies, which registered revenues of $3.080 billion for 2001, said that it would invest $30 million in India. A press release issued by the company said that the employee strength would go up from 505 to 850 in 2002. Over the ... More

E-GOVERNANCE

Campaign on IT in Services of Citizen -- MoU signed
NEW DELHI: A memorandum of understanding (MoU) was signed on Friday between the Department of Administrative Reforms and Public Grievances, Ministry of Personnel, Public Grievances and Pensions and Prasar Bharati to launch a special ... More

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