The Hindu Business Line : Saturday, March 16, 2002

No hurry to cut Bank Rate: Jalan
THE Reserve Bank of India is in no hurry to reduce the Bank Rate although it will continue to maintain the soft interest rate bias, the RBI Governor, Dr Bimal Jalan, indicated here on Friday. Replying to queries by newspersons on the Bank Rate ... More

Net telephony from April 1
THE Government has said Internet telephony will be allowed in the country from April 1, as it has accepted the recommendations of Telecom Regulatory Authority of India (TRAI) on the subject. Users will be permitted to communicate using net ... More

Tribunal dismisses cell operators' plea -- Limited mobility cleared for fixed line service provider
The Telecom Dispute Settlement Appellate Tribunal (TDSAT) has dismissed the petition of the Cellular Operators Association of India (COAI) challenging the Government's decision allowing fixed service providers to offer limited mobility WLL ... More

Entertainment sector growth pegged lower
ARTHUR Andersen-FICCI appear to have revised downward their projected growth for the Indian entertainment industry. According to the latest Arthur Andersen-FICCI report, the industry is expected to gross Rs 29,300 crore by 2006, from the ... More

Markets breathe easy
STOCKS, currency and bond markets heaved a sigh of relief as tensions caused by the Ayodhya issue eased out towards the end of the day. The benchmark BSE Sensex went up by 37 points to close at 3,618 after reaching an intra-day high of 3,632, ... More

Small borrowers still paying `big' interest
WHILE it seems that everyone, from the Government to triple-A corporates, are enjoying the benefits of falling interest rates, the small borrower at the bottom rung of the priority sector is still paying interest rates at the prime lending rate ... More

Cos now say it in style
PARKING stickers, chewing gum and soap bars doubling up as press invites seem to be passe. Now, there appears to be a clear shift towards creativity and differentiation, visible even at press conference venues. Take FMCG giant Hindustan Lever. ... More

Atlas Copco okays buyback at Rs 150
THE board of directors of Atlas Copco India Ltd today approved an equity buyback of up to 25 per cent at not more than Rs 150 per share. The company has informed the stock exchange that it will shortly seek shareholder approval and a ... More

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