The Hindu Business Line : Saturday, February 02, 2002

Tatas, Reliance bid for VSNL
THE Government has received bids from the Tatas and the Reliance group for 25 per cent equity stake in Videsh Sanchar Nigam Ltd (VSNL), which has been slated for disinvestment this fiscal. According to sources, the consortium led by Sterling ... More

Dr Reddy's contests drug ruling in US
CLOSE on the heels of the expiry of 180-day marketing exclusivity for Fluoxetine 40mg capsules in the US generics market, Dr Reddy's Laboratories Ltd has filed a complaint against the United States Food and Drugs Administration (USFDA), seeking ... More

States to face Rs 9,000-cr hit in tax transfers
THE massive shortfall in the Centre's tax collection vis-a-vis budgeted targets will hit the States hard as they have to reckon with a lower share of tax revenues of close to Rs 9,000 crore. The share of States is budgeted at Rs 61,618 crore ... More

Exports register 1.11 pc growth in Dec
EXPORTS have registered a meagre 0.64 per cent growth during the first nine months of the current fiscal, with the Director-General of Commercial Intelligence & Statistics (DGCI&S) provisionally estimating exports for April-December 2001 at ... More

Govt initiates steps to reform UTI board
THE Finance Ministry has written to some State-owned financial and investment institutions and commercial banks to nominate professionals on the board of trustees of the Unit Trust of India (UTI). The move to induct professionals on the board ... More

Cyber criminals face fine up to Rs 1 crore
THE Information Technology Act, 2000 and the rules framed thereunder provide for several types of penalties for cyberspace crimes. According to an official release, under Section 43 of chapter IX of the Act, whoever without the permission of ... More

Port and access charges -- BSNL asks operators to cough up dues
CELLULAR operators and basic private telephony operators have been asked to pay over Rs 25 crore to BSNL as arrears in port and access charges. BSNL, having spotted a technical advantage in its favour, had for the last few weeks been issuing ... More

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