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Monday, March 10, 2003

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CORPORATE DISPUTES


Case against cell operators over limited mobility — Reliance joins race in the last lap
RELIANCE Infocomm Ltd, which has been keeping a low profile in the legal battle between private cellular operators and the Department of Telecommunications (DoT) over the legality of limited mobility services, has officially jumped into the fray ... More

Wharfage for SBM — CoPT, KRL at loggerheads
FIRST it was location. Now it is wharfage. The tussle between the Cochin Port Trust (CoPT) and Kochi Refineries Limited (KRL) over the proposed single buoy mooring (SBM) project will never stop. Or so it seems. Fortunately the location issue has ... More

MANPOWER


ONGC awaits Cabinet nod for VRS plan
A VOLUNTARY retirement scheme (VRS) of Oil & Natural Gas Corporation (ONGC) has been sent to the Union Cabinet for its approval. Following the go-ahead from the Cabinet, ONGC hopes to reduce its staff strength — currently at around 40,000 ... More

CORPORATE BONDS


Bharti Cellular NCD taken off rating watch
CREDIT Rating Information Services of India (Crisil) has reaffirmed the A+ rating for Bharti Cellular Ltd's Rs 175-crore non-convertible debenture programme and removed it from `rating watch with developing implications.' The NCD programme was ... More

REGULATORY BODIES & RULINGS


Repeal of sick industrial cos Act may become reality soon
THE apprehensions regarding the fate of the Board for Industrial and Financial Reconstruction (BIFR) and the Appellate Authority for Industrial and Financial Reconstruction (AAIFR) seem to have been cleared by the Standing Committee on Finance. ... More

ALLIANCES & JOINT VENTURES


Tech-equity swap for foreign cos proposed
Foreign companies may subscribe to the equity capital in a joint venture Indian company without any cash contribution, but on the basis of the valuation of the technology they will provide. More

INTERVIEW


`Concessional import of kits has hit us hard' — Mr George Varghese, Managing Director, FCI OEN Connectors
The irony of the situation is that despite a flourishing telecom industry, it is a small market because of the lack of manufacturing activity and is not growing as fast as our export business. More

DIVERSIFICATION


Delta Papers may foray into power, sugar
AIMED at attaining optimum utilisation of various by-products and recyclable waste, Delta Paper Mills Ltd (DPML), a leading manufacturer and marketer of different kinds of papers, is planning to diversify into generation and distribution of ... More

OUTLOOK


Blue Star bets on offshore income
The company sees growth in global research and development initiatives as well as in the consulting space. It also sees a strong momentum in client adds in the current quarter. More

PERFORMANCE


Jet carries 6 m passengers in single fiscal
JET Airways for the first time in its decade-long existence has carried six million revenue passengers in a single financial year. For the month ofMarch, the airline has registered a cumulative load factor of 69 per cent overall and 34 per ... More
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Repeal of sick industrial cos Act may become reality soon

In Focus
Run-up to Budget
Kelkar Report
Bottled water: How safe is it?
Telecom Competition
Oil PSUs: Disinvestment dilemma
Housing Fin. rate war: Bonanza for consumers!
NPAs in Banking
In Depth
Simple Economics
Consumer Notes
Tax Talk
The Brahmananda collections
NRIs & Investment Avenues
Corporate Governance
Gold: Still the winner?
Cars: Always a beauty
Books and Reviews
Looking back
Mar. 2-Mar. 8
Will Coromandel interest trigger open offer on GFCL? — AP Govt seeks Iffco view on divestment

Office to detect white-collar frauds to be in place by April

Chevrolet Forester to hit India on March 10


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