The Hindu Business Line : Thursday, June 26, 2003

BSNL `post-paid' Net plans hit snag — Tender for bandwidth expansion cancelled due to poor response
IN what appears to be a major setback to the plans of telecom major Bharat Sanchar Nigam Ltd (BSNL) to augment its Internet bandwidth capacity from international gateways to the US, the company has cancelled its global tender, following an ... More

Despite excise waiver, local set-top boxes to cost more
CONSUMERS may still have to fork out more money for locally manufactured set-top boxes (STBs) than those sourced from abroad, the recent excise-duty waiver on such boxes notwithstanding. This view is dominant among the local manufacturers, who ... More

Star News gets a week's extension for uplinking
EVEN as the deadline for Star News' transitory uplinking expires on Thursday, the Government has permitted the channel to be uplinked from India for another week. Senior officials in the Information and Broadcasting (I&B) Ministry said that ... More

Greaves to divest 23.67 pc stake in Crompton
GREAVES Ltd has decided to divest its 23.67 per cent shareholding in Crompton Greaves to the B.M. Thapar group, Indian promoter of the company. The company is also planning to acquire Pembrill Engineering Pvt Ltd and Pembrill Industrial & ... More

MRO-Tek top brass arrested on excise evasion charges
TOP management of networking firm MRO-Tek Ltd were arrested and later released on bail in Bangalore following allegations of excise evasion from the Directorate of Revenue Intelligence (DRI). The Chairman and Managing Director, Mr S. ... More

250-MW lignite-based Neyveli power project — GMR may buy out CMS, ABB stake
THE GMR group is likely to fully buy out equity stakes of CMS Generation and ABB in the 250-MW lignite-based Neyveli power project. CMS, a US-based power producer, and ABB, the Swiss energy equipment maker, together hold 99 per cent of the ... More

It's now pizzas that drive dairy industry
EVEN as some developed markets contemplate a `fat tax' on fast-food retail outlets, alarmed by the increasing incidence of obesity - the ubiquitous Big Macs and pizzerias of the world have in fact helped the food industry, by subtly creating a ... More

Tata Tea PAT down at Rs 70.6 cr; to pay Rs 7
HELPED by Rs 25.24 crore dividend from Tata Tea (GB) Ltd, its subsidiary owning Tetley, Tata Tea Ltd (TTL) today reported a profit after tax (PAT) of Rs 70.60 crore for the year ended March 31, 2003, as against the Rs 71.96 crore of previous ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line