The Hindu Business Line : Monday, January 21, 2002

Realty may get access to overseas borrowings
THE Government is considering a proposal to lift the ban on use of proceeds from `external commercial borrowings' (ECBs) for investment in real estate and property development, signalling a major policy shift. The Finance Ministry has flagged ... More

Railways shelves variable tariff plan for petro-products
"The Railway Ministry's plans have come to naught following the decision amongst state-owned oil companies to maintain the status quo on the distribution arrangements for two years after the dismantling of the administered pricing mechanism (A PM) from M arch 31, 2002,'' said official sources. More

Long distance may keep VSNL lines ringing
IN a future that bodes falling international telephony rates and unlimited competition entering on fairly easy terms, what is Videsh Sanchar Nigam Ltd (VSNL) looking forward to? Denied entry into basic telephony — which is very ... More

DoT rules out sudden shift from revenue-sharing regime
THE Department of Telecommunications (DoT) has ruled out any sudden policy shift from a "revenue-sharing" licence fee regime to a "graded service tax" regime for basic and cellular operations. According to official sources, what is being ... More

Got a municipal licence? Start a lab -- Speciality Ranbaxy for safety checks
EVEN a regular chemist's shop seems to have more safety checks governing its operations compared to the neighbourhood diagnostic laboratory which could well be the first step in diagnosing a viral fever from malaria or cancer. Shocking but true ... More

Stamp Act in for changes
THE Finance Ministry is set to seek the Union Cabinet's nod for a new Stamp Act which will focus, among other things, on fully defining the scope of instruments and prescribing more stringent penalties for offences against stamp law. Officials ... More

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Realty may get access to overseas borrowings

Railways shelves variable tariff plan for petro-products

TN to target specific IT sectors in new policy

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