THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Wednesday, July 11, 2001

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Page One

 Infosys Q1 net up 50 pc -- Annual growth estimate retained at 30 pc
IN the season of slowdowns, software major Infosys Technologies has posted a fair top and bottomline growth for the quarter ended June 30, 2001.

Govt looking into legal sanctity of US-64 freeze
THE Government is ascertaining the legal sanctity of the decision of the board of trustees to freeze sales and repurchase of units of US-64 for six months, as it is tantamount to changing the basic structure of the scheme.

VSNL recommends dividend of 500 pc
VIDESH Sanchar Nigam Ltd today announced a record dividend of 500 per cent, its highest-ever, including a one-time special dividend of 400 per cent.

Experts' group to advise UTI on US-64 revamp
THE Unit Trust of India (UTI) has set up a consultative group comprising outside experts to revamp Unit Scheme-1964 (US-64), which is expected to submit its report to the UTI board within a couple of days.

Tribunal stays hike in BSNL access charges
IN a major relief to private basic operators, the Telecom Dispute Settlement Appellate Tribunal (TDSAT) has stayed the hike in interconnect access charges, sought to be levied by Bharat Sanchar Nigam Ltd (BSNL) on local\STD and ISD calls.


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