The Hindu Business Line : Tuesday, January 07, 2003

FIPB tags conditions for Dhillon Kool deal — Pepsi must use only FDI for buy
THE Foreign Investment Promotion Board (FIPB) has directed PepsiCo India Holdings Ltd to use only foreign direct investment (FDI) funds for the acquisition of the business and assets of its franchisee, Dhillon Kool Drinks and Beverages Ltd ... More

Tribunal waives tariff filing for BSNL, MTNL
THE Telecom Dispute Settlement Appellate Tribunal (TDSAT) has exempted both Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) from filing their cellular tariffs with the Telecom Regulatory Authority of India (TRAI) before ... More

Failure to meet social, rural obligations — IRDA slaps notices on seven insurance cos
IN a significant move, the Insurance Regulatory and Development Authority (IRDA) has slapped notices on five life and two non-life insurers belonging to both public sector and private, who failed to meet the stipulated levels of obligations in ... More

MTNL stock hits nadir on slippery turf
THE stock price of public sector telecom major Mahanagar Telephone Nigam Ltd (MTNL) today touched an all-time low on concern over the possible fall in revenues and profits in the current fiscal. According to market sources, attractive pricing ... More

Billing system adds to MTNL woes — Dolphin subscribers do the vanishing trick
WITH cellular tariffs across the country crashing each passing month, it has become difficult for the subscriber to make out which operator provides the most cost-effective plan to suit his pocket. However, citizens of the two biggest mobile ... More

Market not ripe for TCS public offer: Ratan
THE Tata Group Chairman, Mr Ratan Tata, has said that the market is not yet ripe for Tata Consultancy Services' maiden initial public offer. Speaking on the sidelines of the inaugural of Explorer building of the International Technology Park ... More

Ford to drive in Fusion in early '04
CAR manufacturer Ford India ltd (FIL) is all set to get ahead in the highly competitive Indian passenger car market and is firming up plans to launch its debut car in Europe, the Ford Fusion in the domestic market. Top sources told Business ... More