Saturday, July 17, 1999
Trai moots 20-year licence period for long distance operators
The Telecom Regulatory Authority of India (Trai) has suggested that licences for private participation in long distance telephony be given for a period of 15 to 20 years in line with international trends.
Dealer selection boards disbanded, oil policy decisions stalled
The dramatic restructuring of stand-alone oil refining companies in the country fades unobtrusively away from the list of priority policies, now that the general elections have been announced.
Yashwant Sinha rules out war tax for now
Finanace minister Yashwant Sinha has discounted possibilities of any immediate imposition of a war tax or cess to meet the expenditure incurred in the Kargil operations. He, however, added that if a review necessitated raising additional resource, such measures could be considered later.
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