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Tuesday, November 17, 1998

New telecom policy set to end DoT long-distance monopoly
The new telecom policy is likely to remove the restriction on the number of players in basic and cellular circles, end the department of telecommunications' monopoly on long-distance telephony in 2 months and scrap Videsh Sanchar Nigam's monopoly on other services by 2004.

Power ministry to discuss bid papers with mega project promoters
The high-powered standing independent group (SIG) has, along with the power ministry, decided to convene a meeting with the developers of the mega power projects before finalising the request for proposal (RFP) and other bid documents for these projects.

Centre to stoke utility vehicles' sales via higher depreciation sop
Union Finance minister Yashwant Sinha is contemplating a wide swathe of incentives for the commercial-vehicles sector. The sops are contained in an incentive plan submitted by the working group on commercial vehicles formed by Sinha.

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EXIM Bank International Trade Research Award 1998

Global Tenders invited by MSTC

Bayer may compensate arm for brand transfer
German multinational Bayer is likely to compensate its Indian subsidiary for the recent transfer of a host of pharmaceutical brands to its newly-formed joint venture with the Ahmedabad-based Zydus group.

 


CORPORATE
Court spikes investor forum plea against HLL
Maruti unruffled by Zen Diesel's poor response

ECONOMY
Banks gear up to ward off impact of meteroid shower
"WTO guidelines on textiles akin to CTBT regime"

EXPRESSIONS
Deflation woes
US doublespeak

MARKETS
RBI mops up Rs 5,000 crore via open-market operations
Sensex sheds 30 points on worries over blacklisting of companies, comet tuttle

LEISURE
I-T department set to unveil new website
SAP set to unveil new educational programmes


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