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Sunday, April 24, 2005

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Diversifying to keep afloat
TCIL enters road construction; ITI into wireless biz

A slump in fixed line telephony business is forcing some public sector telecom companies with expertise in providing back-end support to service providers to look at other avenues to keep afloat. For instance, Telecommunication Consultants of ... More

IPCL says Anil Ambani ceased to be director on Jan 20
INDIAN Petrochemicals Corporation Ltd (IPCL) on Saturday told the BSE that Mr Anil Ambani ceased to be a director of the company with effect from January 20, 2005. The board of directors of IPCL, which met on January 20, had noted Mr ... More

Fertiliser scam of 1995 — Govt recovers just Rs 1 cr against Rs 246.47 cr
THE fertiliser scam of 1995 was finally resolved on January 22, 2004, following an award by the International Chamber of Commerce (ICC). However, a sum of Rs 245.45 crore still remains unrecovered, out of which a substantial amount of Rs 137 ... More

Forex reserves rise by $88 m
THE country's forex reserves moved up by $88 million for the week ended April 15, taking the total reserves to $141.645 billion as per the Reserve Bank of India's Weekly Statistical Supplement. Reserve accumulation was somewhat muted due to ... More



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