Financial Daily from THE HINDU group of publications
Thursday, Feb 03, 2005

Port Info

Group Sites

Home Page - Policy
Industry & Economy - Foreign Direct Investment
Info-Tech - Telecommunications
Government - Politics

Left to discuss hike today

Our Bureau

New Delhi , Feb. 2

STRONGLY opposing the Government's decision to increase the foreign direct investment (FDI) limit in the telecom sector to 74 per cent, the four Left parties have convened a meeting here on Thursday to chalk out their course of action.

Party leaders said that their position on the FDI limit in telecom remains unchanged because it was a strategic sector with huge security implications.

"Despite our objections, the Government has gone ahead with the decision, and we feel the conditions imposed on the telecom companies do not adequately address our concerns," a senior Left party leader said.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Upgrade propels rupee to 5-year high

NRL launches new-look petro retail outlet
FDI cap in telecom hiked to 74 pc
Left to discuss hike today
States to get 30 pc share in Central taxes
Govt approves electricity policy — Aim to increase per capita availability to over 1,000 units
BSNL to get Rs 2,700-cr relief
S&P upgrades foreign currency rating
Telecom FDI hike may create stronger players
Warburg offloads 3 pc in Bharti Tele — 6.27 cr shares sold for Rs 1,355 cr
Contributions to The Hindu Relief Fund

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line