The Hindu Business Line : Tuesday, November 19, 2002

VSNL, BSNL resolve interconnect row — Revised revenue-sharing pact to be signed
IN what will finally end the long-standing dispute between Videsh Sanchar Nigam Ltd (VSNL) and Bharat Sanchar Nigam Ltd (BSNL) over the revenue to be shared from international calls, both sides have hammered out a "mutually-beneficial" ... More

50% export obligation on Suzuki-Maruti foundry
SUZUKI Motor Corporation (SMC) and Maruti Udyog Ltd (MUL) will have to undertake a commitment of exporting 50 per cent of the output from their proposed joint venture aluminium foundry project. The Development Commissioner for Small-Scale ... More

CMC scrip slide queers sale pricing
THE recent slide in the share price of CMC Ltd and the confusion over price discovery has put the Union Government in a fix over exercising the put option clause to sell its residual 26 per cent stake in the company. The Government's put option ... More

SEBI tells Grasim to hold L&T open offer
THE Securities and Exchange Board of India today asked Aditya Birla group company Grasim Industries Ltd to put on hold its open offer to shareholders of Larsen & Toubro at Rs 190 per share. A Grasim official confirmed the SEBI directive, but ... More

Clearing Corpn to launch free forex platform
BANKS may soon get a screen-based platform to trade in foreign currencies free of cost. The Clearing Corporation of India (CCIL) is all set to launch its forex trading platform, which will initially facilitate dollar-rupee deals without any ... More

False start at Dunlop Chennai unit?
Workers restive on management stand
TROUBLE broke out at the Dunlop factory premises here on Monday even as the management formally announced a decision to recommence operations. A section of the office bearers of the Dunlop Factory Employees Union (DFEU), which took part in the ... More

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