The Hindu Business Line : Monday, March 10, 2003

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

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

Govt moves to loosen hold on urea pricing — Group concession, partial decontrol of distribution from April
THE Government is going ahead with the implementation of the group-based concession scheme (GCS) for pricing of urea along with partial decontrol of distribution with effect from April 1. This is despite the proposal not finding any mention in ... More

Income on accrual basis — RBI order helps project lenders save Rs 2,000 cr
AN innocuous-sounding circular from the Reserve Bank of India (RBI) last month may have saved top project lenders in the country from taking at least a Rs 2,000-crore hit, on a conservative estimate, on their balance sheets. On February 27, ... More

Channels wooing big advertisers
"There is nothing called channel loyalty. It's all about striking attractive deals.'' More

As `AC Black' ads go off air, Jagatjit mulls legal option
RADICO Khaitan's `yeti' or snowman's dance in its `Special Appointment' apple juice commercial may bring a smile to your face, every time it is aired on television at regular intervals during the World Cup telecast. However, a section of the ... More

Excise exemption on ATF for foreign operations — Level field sought for Air India, IA
Currently, ATF for domestic flights is subject to excise duty of 16 per cent, which puts a burden of Rs 105 crore per annum on IA alone. More

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