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Saturday, November 27, 2004

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Unions oppose BoI, Union Bank merger plan
Besides opposing the merger, they have other demands such as the immediate recruitment of 25,000 officers and discussions on service-related issues of officers. More

`Reliance Ind board had rejected Anil Ambani's contention'
THE board of directors of Reliance Industries Ltd had considered the letter written by Mr Anil Ambani, Vice-Chairman and Managing Director, regarding the decision taken at the July 27 board meeting on powers and authorities of the CMD. The ... More

DoT to impose Rs 150-crore penalty on Reliance Infocomm — Company given 7 days to respond to notice
BSNL had filed its complaint with the Government charging that Reliance was illegally routing long distance calls to avoid payment of `access deficit charges' (ADC). More

DCM Shriram to retail BPCL petrol — In talks with ICICI Bank for extension counters
The BPCL vend dealership would be in the name of Hariyali Kisan Bazaar (HKB), which owns the land. BPCL is to lease the land from HKB, set up the pump at its own cost and then hand it over to HKB for running it. More

Inflation falls on cheaper food items
THE annual wholesale price index-based inflation rate fell to 7.34 per cent for the week ended November 13, from 7.76 per cent reported during the preceding week. The fall in the year-on-year inflation rate during the latest reported week was ... More

Fixed lines outnumber cellphones in most circles
WHILE the cellular subscription across the country has crossed the fixed line users base, in reality more than 50 per cent of the circles have a higher number of fixed line subscribers compared to mobile users. Of the 23 telecom circles in the ... More

Higher procurement may boost rice stocks
Notwithstanding a near four million tonnes (mt) estimated decline in rice output during the current kharif season owing to deficient monsoon rains, the Food Corporation of India (FCI) and State agencies have so far managed to procure 8.70 mt of ... More

`Use of same trademark by more than one person permissible'
DESPITE the statutory bar on use of same trademark by more than one person, keeping in mind the intention of the parties as indicated in any deed of agreement entered into by them, they should be permitted to use the trademark, the Intellectual ... More




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