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Monday, August 26, 2002

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Ministry to go easy on food labels
IF you can't wield the stick, try the carrot, or at least that is the line the Union Health Ministry is taking to rein in corporates not adhering to the coloured-dot labelling scheme for food products. Though consumers may see a Complan, for ... More

Subscribers to gain from delay in EPF notification
The delay in issuing the notification — to be done by the Labour Ministry — has ensured that EPF subscribers would effectively receive an interest of around 9.25 per cent on their deposits during 2002-03, officials said. More

Interest to `nominal' members of co-ops may attract TDS
CO-OPERATIVE societies may soon be required to deduct tax at source (TDS) on interest payments made to its `nominal' members. The Finance Ministry is considering a proposal to withdraw the existing TDS exemption on interest income paid to ... More

TRAI not keen to mediate in VSNL- BSNL dispute
THE Telecom Regulatory Authority of India (TRAI) has decided not to rush in to resolve the conflict between Videsh Sanchar Nigam Ltd (VSNL), and public sector telecom major Bharat Sanchar Nigam Ltd (BSNL) on interconnection charges, until it is ... More

Stand-alones are languishing — Kids' channel is tough nut to sell
THEY were lured by pester power. Except Cartoon Network, the other stand-alone kids channels such as the Pentamedia Graphics-promoted Splash TV, Viacom's Nickelodeon, Hallmark Entertainment's Kermit have all been languishing. And channels like ... More

SEZ units can hedge sans RBI approval
A UNIT in a special economic zone (SEZ) can now hedge the price risk in a commodity on exports/imports without the prior approval of the Reserve Bank of India. This facility will be available as long as the derivative contracts are entered into ... More

Dishnet COO quits
MR V. Srinivasan, Chief Operating Officer, DishnetDSL, has quit the company to join the JK group. His place has been taken by Mr K. Srinivasan, who was earlier the Executive Vice-President, Operations. Mr V. Srinivasan joined Dishnet in March ... More


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