The Hindu Business Line : Sunday, April 20, 2003

Operators agree on interconnection issue — All clear for IUC regime: TRAI
THE Telecom Regulatory Authority of India (TRAI) has said that there is not going to be any further postponement of the interconnection usage charge (IUC) regime, and it is to come into effect from May 1 as announced earlier. The authority, ... More

Govt firms up steps to deal with strike
The truckers' strike has paralysed the manufacturing sector by disrupting the distribution chain. More

Maruti's landmark roll-out
THE country's largest carmaker, Maruti Udyog Ltd, today rolled out its four millionth vehicle from its manufacturing plant at Gurgaon near here, nearly 20 years after the company launched its first model. The historic vehicle was a Riviera ... More

Threshold limit hiked for FII/NRI investments
THE RBI has enhanced the threshold limit for FII/NRI investments in Indian companies having equity base of Rs 1,000 crore and above. The threshold limit has been reset at 0.5 percentage point below the sectoral cap against the earlier limit of ... More

Idea reduces cell-to-cell STD rates
IDEA Cellular on Saturday announced a reduction in airtime charges on mobile-to-mobile STD calls to 50 paise per minute. The Public Switched Telephone Network (PSTN) component of the STD call would, however, remain unchanged at Rs 2.99 per ... More

Naidu headhunting for co-op banks
MR Chandrababu Naidu, Chief Minister of Andhra Pradesh, has approached the largest bank in the country, State Bank of India, for sourcing management talent to restore the health of the State's beleaguered co-operative banks. According to ... More

Kotak Bank's `high-yield' a/c attracts NRIs
According to the bank's officials, in over two weeks of operations, the `high-yield' NRI account seems to have clicked for the NBFC-turned-elitist bank. "We have been getting a good response for this product from NRIs from day one though it is ... More

AI to cut services to Singapore
AIR India is to curtail the number of flights that it operates from India to Singapore - from 14 flights-a-week to 10 flights-a-week from April 21. Further, the airline is to offer connections from only two cities — Mumbai and Chennai ... More

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