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Monday, December 09, 2002

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TRAI may clear Reliance limited mobility tariff plan
As per the plan filed by Reliance, on offer is a tariff of 20 paise per minute with a 15-second pulse for its limited mobility CDMA services. More

Infosys to convert up to 3 million shares into ADS
THE board of directors of Infosys today announced the sponsorship of an ADS offering against equity shares held by its existing shareholders in India, at a price to be determined by the lead manager. The board also decided that the offering ... More

Kelkar panel likely to lower excise for food products
THE Kelkar panel on indirect taxes has decided to review its original recommendation of levying 8 per cent excise duty on all food products currently enjoying duty exemption. The panel was now looking at the option of proposing a lower excise ... More

Post-deal, foreign stake in SCI can top 25%
FOREIGN shipping lines have stayed away from bidding for Shipping Corporation of India (SCI) due to the 25 per cent limit on foreign shareholding prescribed by the Government out of the 51 per cent being put up for strategic sale. However, the ... More

Togadia fussilade targets Mahatma
AS the electoral battle for the Gujarat Assembly enters its last leg, the campaigning of Sangh Parivar outfits like the VHP, widely referred to in the Gujarat media as the BJP's B team, has struck a new shrill pitch. In his recent election ... More

ICICI Bank moves to recall Rs 250-cr loan to SPIC Petro
ICICI Bank has initiated recall of its loan of Rs 250 crore to SPIC Petrochemicals Ltd of the A.C. Muthiah group. The bank had initiated activity for the recall, and the issue would soon come up before the Debt Recovery Tribunal, said an ... More

World Cup cricket hits serials, films for a six
IF you are looking for an entertainment alternative during the World Cup cricket, you are bound to be disappointed. The World Cup is not only expected to bring this cricket crazy nation to a halt, but also keep both the television and film ... More

Branded soups packing it hot
WITH winter setting in, one market that's looking to warm up is the fledgling Rs 30-crore branded packaged soups. While in developed markets, packaged soups is an evolved category and segregated as canned, dehydrated or refrigerated, the ... More


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