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What new BSNL-MTNL tariffs mean to users
THE implementation of the much-awaited interconnection usage charge (IUC) regime and the corresponding new tariff rates from today may largely confuse the 40 million-plus landline consumers of Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar ...
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Cheaper mobile service comes at a premium
A CUSTOMER in Mumbai who realised that he would get talk time worth Rs 240 on an MTNL prepaid cellular package instead of just Rs 150 (both on Rs 315 packages) from the private operators in the city, has been trying to buy an MTNL SIM card for a ...
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IFC may raise India investments to $1 b
THE International Finance Corp (IFC), the investment arm of the World Bank, said it plans to raise its investments in India to $1 billion in the next two years. Currently, its investments are in the region of $ 700 million. Mr Peter L. ...
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Banks not on the same wavelength on PLR cut
PUBLIC sector banks seem to be split on the issue of reducing prime lending rates (PLRs) following the cut in the Bank Rate announced in the Credit Policy. While State Bank of India had announced a 25 basis points reduction in PLR and deposit ...
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VAT: No consensus yet on exemption scheme issue
CONSENSUS eludes the Empowered Committee of State Finance Ministers on Value-Added Tax (VAT) on the exemption scheme issue. The point is the quantum of revenue that may be forgone on account of the decision to allow State Governments adopting the ...
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Banks reconciled to discount on debt buyback
PUBLIC sector bank chiefs from across the country will be in Mumbai on Friday to meet the Finance Secretary, Mr S. Narayan, and the top brass of the Reserve Bank of India (RBI) to finalise modalities of the proposed plan for buyback of Government ...
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Parliament adopts Tobacco Bill
PARLIAMENT has adopted a crucial Bill that bans advertisement of cigarettes and other tobacco products besides prohibiting sponsorship of sports and cultural events by manufacturers of these products. The Cigarettes and Other Tobacco Products ...
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An eventful interconnect Day One
THE first day of the new interconnection usage regime (IUC) turned out to be quite eventful, with rumours floating around that the Telecom Regulatory Authority of India (TRAI) had asked Reliance Infocomm and Bharat Sanchar Nigam Ltd (BSNL) to put ...
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Cox & Kings may sell stake in Good Relations
TRAVEL major, Cox & Kings India Private Ltd, has finalised plans to exit the business of public relation consultancy. It is selling out its 48.56 per cent stake in its public relations subsidiary — Good Relations India Ltd. The stake ...
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No talks with pilots: Hussain
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