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Sunday, October 12, 2003

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TEC finds no fault with Reliance 'roaming'
THE Telecom Engineering Centre (TEC) under the Department of Telecom (DoT) has found no fault with Reliance Infocomm Ltd offering multiple subscription and temporary subscription, which, rival cellular mobile providers claim, amounts to ... More

Bharti to use WLL tech for last-mile in Delhi
BHARTI Telenet Ltd is using the wireless in local loop (WLL) technology to provide last-mile connectivity for its fixed line telephone services in the Capital. Bharti has recently been allocated 5 mega hertz (MHz) of frequency for the ... More

FIPB clears Sucden plan to import raw sugar for re-export — Food Ministry's objection overruled
The French firm's main aim of establishing the subsidiary is to purchase sugar directly from the various factories to consolidate quantities from supplying mills and achieve better quality and logistical control. More

Buying stake in HPCL — Ministry asks IOC to send written proposal
WITH the Indian Oil Corporation (IOC) expressing intent to pick up equity stake in Hindustan Petroleum Corporation Ltd (HPCL) or Bharat Petroleum Corporation Ltd, the Petroleum Ministry has asked IOC to send a written proposal, even as the ... More

RBI nod for firms to grant rupee loans to NRI staff
THE Reserve Bank has decided to grant general permission to Indian companies, namely, a body corporate registered or incorporated in the country, to grant rupee loans to its employees who are non-resident Indians or Persons of Indian Origin, ... More

Forex reserves decline by $1.58 b on RIB redemption
Dealers expect that the forwards will continue to be on discount for the next couple of months. More


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