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Friday, April 02, 2004

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BSNL cuts ISD, STD rates by 15-25 pc — Slashes domestic bandwidth prices by 60 pc
THE first day of the new fiscal year has brought good news for 41.3 million landline and mobile subscribers of Bharat Sanchar Nigam Ltd. The telecom major has announced a 15-25 per cent cut in both ISD and inter-circle STD tariffs effective April ... More

Sensex scores 150 on first day of new fiscal
STRONG third quarter growth and perhaps the feel-good factor of a first-ever Test match victory in Pakistan helped lift investor sentiment in the stock market today. Institutional investors began the first day of the new fiscal year by helping ... More

SEBI yet to decide on loss in ONGC trading
SEBI is yet to find a solution to compensate the loss suffered by ONGC shareholders who on Monday sold shares in excess of what they were allotted. According to sources, SEBI and the stock exchanges met on Thursday to sort out various issues ... More

SEBI extends ban on Samir Arora to 5 years
THE Securities and Exchange Board of India has extended the ban on Mr Samir Arora, former Chief Investment Officer of Alliance Capital Mutual Fund, from dealing in securities to a period of five years. This period is inclusive of the interim ban ... More

Current account sees higher surplus of $1.8 b in Q3
The country's current account recorded a higher surplus of $1.8 billion in the third quarter of 2003-04, up from a surplus of $1.6 billion recorded in the previous quarter. In October-December 2002, the current account had registered a lower ... More

Pakistanis to chew Bambaiyya paan?
WHEN Laloo Prasad Yadav went to Pakistan last year, the bucolic Bihari leader presented President Musharraf a bagful of paan or betel leaves. It would perhaps take a social scientist to explain the importance of the unusual gift, but it ... More

Foreign investors pump $10 b into forex kitty
FOREIGN investments (both FII and FDI), at $10.1 billion, accounted for over 38 per cent of the $26.4-billion accretion to the country's forex reserves in the nine months ended December 2003. The accretion had been significantly lower in the ... More

Soon, a table-top device to generate power anywhere
IMAGINE a table-top device meeting your domestic power needs at that farm house of your dreams built at a `back-of-beyond' place, but could never get `electrified' since the electricity company was simply refusing to provide a grid connection ... More

Here come 2-wheeler ambulances
HYDERABAD: With a view to reaching out to accident victims in the `golden hour', Global Hospitals will introduce an innovative emergency medical service with a fleet of 10 two-wheeler ambulances. Each of these vehicles will be fitted ... More




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