The Hindu Business Line : Thursday, July 25, 2002

TRAI asks operators to modify networks — Option for users to choose carrier
THE Telecom Regulatory Authority of India (TRAI) today directed the basic and cellular service providers to modify their networks enabling subscribers to pick the STD operator of their choice within three months, wherever two or more operators ... More

Damage control at a `shocked' Infosys
INDIAN software sector, stunned by the recent law suit slapped on Mr Phaneesh Murthy, who resigned on Tuesday as director of Infosys, on charges of sexual harassment and for wrongful termination against Infosys Technologies, pulled on with their ... More

HLL rejigs outsourcing strategy
OUTSOURCING or sub-contracting the manufacture of products from third parties has been an integral part of the business model for FMCG companies in India for years now. FMCG behemoth Hindustan Lever Ltd (HLL) is better known for its marketing ... More

Global `heat' melts stocks
THE global meltdown and monsoon worries continued to affect the stock prices, pushing the BSE Sensex to the eight-month lows today. The sustained selling in the US and other markets led to domestic markets reel under selling pressure both from ... More

Giving credit card where it's due...
A POTTER or a carpenter in the remote village may soon be able to avail of bank credit through a plastic card. The Finance Ministry has asked banks to examine the scope for enhancing credit to rural artisans. A working group of bankers has ... More

ACC net down 54.8% in Q1 at Rs 19.84 cr
ACC Ltd has reported a 54.8 per cent decrease in net profit, at Rs 19.84 crore for the quarter ended June 30, 2002. The company had recorded a net profit of Rs 43.95 crore for the corresponding quarter of the previous year. The fall in net ... More

Indian Rayon hives off insulator business
AS part of the overall restructuring process in the Aditya Birla Group, the board of Indian Rayon and Industries Ltd (IRIL) today decided to demerge its insulator division to a joint venture company with Japan's NGK Insulators Ltd as its ... More

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