Financial Daily from THE HINDU group of publications
Saturday, April 26, 2003
Markets (April 25)
BL 250996.75 (-6.15)
BSE Sensex2924.03 (-13.20)
S&P CNX Nifty924.30 (-5.40)
Dollar (Buy/Sell)47.30/47.43
Gold Std (10 gm)5260 (-5)

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Reliance extends 40 paise offer to all WLL networks
IN a move that is likely to stump the cellular operators who have been objecting to the 40 paise per minute STD calls being offered by Reliance Infocomm on its own networks, the company has now decided to extend this price to all long distance ... More

BSNL, MTNL seek amendments in interconnection regulation
BHARAT Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) have sought amendments in the interconnection usage charge (IUC) regulation issued by the Telecom Regulatory Authority of India (TRAI), stating that some clauses were tilted ... More

ISD operators join hands to fight grey market
INTERNATIONAL long distance operators Videsh Sanchar Nigam Ltd (VSNL), Bharti Telesonic Ltd and Data Access Ltd have joined hands to ensure that the Department of Telecommunications (DoT) and the Telecom Regulatory Authority of India (TRAI) take ... More

TRAI amends telecom tariff order again — Specifies uniform applicability
THE Telecom Regulatory Authority of India (TRAI) has once again amended its Telecommunication Tariff Order (TTO) specifying uniform applicability of the provisions of the reporting requirement of the tariff plans with it for approval by all ... More

SC stays tribunal order on WLL files
NEW DELHI: THE Supreme Court has stayed directive of the Telecom Dispute Settlement Appellate Tribunal to make public all files and official documents pertaining to its policy of allowing basic operators provide WLL services. A Bench ... More

Tata group rolls out joint telecom marketing services
THE recently created specialised sales and marketing wing of the Tata group's telecom service providers - Tata Telecom Enterprise Business Unit (TEBU) - on Friday announced the launch of its services across eight cities in the country. It ... More

Reliance IndiaMobile offers 2 handsets
RELIANCE IndiaMobile, the limited mobility service of Reliance Infocomm, is introducing twodigital colour screen CDMA handsets under its Dhirubhai Ambani Pioneer offer. One handset is from LG, and the other is from Samsung Electronics, says a ... More

STOCKS


Steep fall in IT stock prices — SEBI seeks trading data from exchanges
THE Securities and Exchange Board of India has called for trading data from the BSE and the NSE on the trading pattern of several market players during the sharp fall in stock prices, especially those of IT companies, after the Infosys ... More

FINANCIAL PERFORMANCE


ICICI Bank to pay Rs 7.50 — `Steady improvement in profitability'
ICICI Bank has posted a net profit of Rs 337.68 crore in the fourth quarter ended March 31, 2003. The net profit for the quarter ended March 31, 2002, was at Rs 56.88 crore. The figures, however, are not comparable as the current numbers are that ... More

HARDWARE


Asia-Pacific chip sector not hit by SARS: Gartner
THE Asia-Pacific electronics industry continues to flourish despite the SARS outbreak, according to Gartner, the leading research and analysis firm. To date, the disease has not impacted the semiconductor and electronics industries with most ... More

SOFTWARE


Raynolds drops forfeiture move; to reissue shares
THE board of directors of Raynolds Software Solutions Ltd (RSSL), the Hyderabad-based software solutions provider formerly known as Shine Computech, proposes to re-issue the shares it had decided to forfeit. Faced with poor response from the ... More

E-GOVERNANCE


Oracle expects `significant' income from govt sector
"The Government is a huge market and the company is aggressively targeting the sector," Mr Shekar Dasgupta, Managing Director, Oracle India, says. The company is working with almost all the State Governments in the country on various e-governance ini tiatives. More

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    Top Stories
    Chennai, Bangalore real estate values firm up


    Roll-back unlikely in edible oil levy — Distortions to be rectified

    Blackwill resignation: Act or reality?

    Customers ride Hero Honda: Study

    ISD operators join hands to fight grey market

    HLL's `Shakti' to help partners in rural India

    Sharp fall in LIC first premiums

    The phenomenon of `energised inflation'

    Road fund: Centre worried over slow pace of utilisation

    ICICI Bank: Dividend declaration `eye-catching'

    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
    Truckers' Strike
    In Depth
    Simple Economics
    Consumer Notes
    Tax Talk
    The Brahmananda collections
    NRIs & Investment Avenues
    Corporate Governance
    Gold: Still the winner?
    Cars: Always a beauty
    Railway Budget
    Budget 2003-04
    Books and Reviews
    Looking back
    Apr. 13-Apr. 19
    VSNL volumes unchanged

    Cellular base doubles

    New IUC regime may trim BSNL income by Rs 500 cr

    ISD grey market thriving unhindered

    India irked at `protectionist' US law on IT outsourcing

    `Outsourcing? Yes, jobs here, big gains to cos there'


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