The Hindu Business Line : Saturday, December 18, 2010

Order to shut down 3G video call discriminatory, say private telcos
Seek Kapil Sibal's intervention as BSNL, MTNL continue to offer the service. Reliance Communications and Tata Teleservices on Friday told the Telecom Minister, Mr Kapil Sibal, that the order to shut down video calls on third generation (3G) ...

Independent directors' pay must be based on time spent on company work, says IFC official
Independent directors should be paid at least as much as the CEO on a man-day basis, according to Mr Martin Steindl, Corporate Governance Officer at International ...

Effective boards: The Min... Governments and businesses brace for WikiRivals
It was just a matter of time before whistleblower-enabling websites, spurred on by the latest revelations from WikiLeaks, began to show themselves, and sure enough they're springing ...

Cotton exports to be allowed till quota ends
The Government has decided to allow exports of cotton until the allocated quota of 55 lakh bales (of 170 kg) for shipments ...

Hero Group now goes for image makeover
BRAND STRATEGY. The Hero Group is planning a complete image makeover for Hero Honda Motors Ltd (HHML), the world's largest two-wheeler company by sales, after it buys out the Japanese partner Honda Motor Co's stake in the ...

Orient Green Power to buy windmills worth Rs 1,200 cr
Vestas, Gamesa to supply machines. Orient Green Power Company Ltd has placed orders for windmills for 205 MW of installed capacity, worth Rs ...

SBI chief selection process enters last lap
The final interviews to find a successor to incumbent State Bank of India (SBI) Chairman, Mr O.P. Bhatt, were held here ...

DGFT to register cotton export contracts
Move to allow shipments based on Ministers' panel decision. The Directorate General of Foreign Trade (DGFT) will now issue Export Authorisation Registration Certificate (EARC) to cotton exporters in place of the Office of Textile Commissioner, ...

Top Mumbai cos' advance tax payments go up 29%
Govt on track to achieve indirect tax collection target. Advance corporate tax collections by the top 90 companies in the Mumbai region were up 29 per cent to Rs 16,580 crore (Rs 12,830 crore) for the quarter ...

Exide sees increase in Oct-Dec profit margins
Improvement in replacement sales to boost numbers. Exide Industries may report marginal improvement in profitability during the October-December 2010 quarter backed primarily by “substantial” improvement in replacement sales of ...

Commercial vehicle drivers may get third party liability cover
IRDA forms panel on host of issues. The drivers of commercial vehicles may soon get third party ...

Railways seeks five-year dividend waiver
Relief to fund pending projects. Indian Railways has sought a five-year dividend waiver starting this fiscal from ...

Manipal to give family doc concept a shot in arm
Plans to add 30 clinics in two or three years. Manipal Health Enterprises Ltd has re-launched its retail health and personal care version, Manipal Cure & Care, as a comprehensive ...

Tribunal dismisses Tata Tele's plea on ‘excess spectrum'
Spectrum allocation for GSM and CDMA players can't be equated, says TDSAT. Dismissing a petition by Tata Teleservices, the Telecom Dispute Settlement Appellate Tribunal (TDSAT) has said that spectrum allocation for GSM and CDMA players cannot be ...

Switch in wind flow sets up showers in south
The wind pattern over peninsular India has switched over from westerly to weather-setting easterly to northeasterly after an upper air cyclonic circulation over southwest Bay of Bengal off Tamil Nadu coast triggered ...