Financial Daily from THE HINDU group of publications
Tuesday, January 08, 2002
Markets (Jan. 7)
BL 2501010.55 (+5.84)
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Qualcomm to pick up stake in Reliance telecom venture
RELIANCE has finalised a multi-million dollar deal with technology major Qualcomm Inc, whereby the US-based pioneer of CDMA technology would pick up strategic equity stake in its telecom venture, Reliance Communications Ltd. According to ... More

VAT deadline deferred by six months
THE deadline for States and Union Territories to switch to the value added tax (VAT) regime is set to pushed back by another six months to October 1, 2002. Lack of preparedness by States and the recessionary trends which have adversely impacted ... More

RPL-IOC stand-off: Mukesh likely to meet Naik today
MR Mukesh Ambani, Joint Managing Director, Reliance Industries Ltd (RIL), is scheduled to meet the Union Petroleum Minister, Mr Ram Naik, on Tuesday to sort out the issue of a review of the marketing rights agreement with Indian Oil Corporation ... More

Want IT experience? Well, pay up buddy
A FREEZE on recruitments resulting from cost cutting is often the prime challenge to a company aspiring to build software products. So what do you do? Simple: Make programmers pay you for the experience they gain in building a ... More

Maruti does a deal with finance majors
In an official statement, MUL said that Maruti Finance was one of the four auto-related service businesses it was entering into. ``Together with lease and fleet management for corporates, pre-owned cars and auto insurance, these businesses will ... More

Reliance-L&T deal: SEBI to look into charge
THE Chairman of the Securities and Exchange Board of India, Mr D.R. Mehta, today said SEBI would look into the alleged insider trading and unfair trade practices by the Reliance group in the sale of its 10.05 per cent stake in Larsen & Toubro to ... More


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