Intel to pick 20% in Bharti Telespatiale for $10 million
Intel, the world's largest chip manufacturer will invest $10 million for a 20 per cent equity stake in Bharti Telespatiale Ltd, the holding company for the Bharti group's V-Sat and Internet joint ventures with British Telecom.

US Justice department, Microsoft begin talks to settle antitrust case
US District Judge Thomas Penfield Jackson on Friday issued a sweeping 207-page decision — the basis for all future legal rulings in the case — that held Microsoft used monopoly power to harm consumers and squelch

TTK Healthcare plans Rs 4 cr re-launch of ayurvedic drugs
The newly-christened TTK Healthcare Ltd of the TTK group intends to focus on ethical and OTC relaunch of some 50 ayurveda-based drugs to address several health problems including that of breast feeding, arthritis and liver-related issues.


  The Index
  DoT asks TRAI to rework basic telephone rates
  Ministry to track prices of polyester fibres and yarns
  Sanctions stare in Microsoft's face
  Gates seeks `fair and responsible' resolution
  An Albatross around Wall Street's neck?
  BP Amoco's third-quarter net jumps 72%
  Infr@Soft mulls IPO to raise funds for expansion
  Briefing
  Cement rates in Gujarat rise despite clinker inventory pileup
  Subhash Chandra panel moots 20% foreign equity in terrestrial channels
  Telco urges SC to throw out plea for ban on diesel cars in Delhi
  Armed with VRS success, SAIL hopes to meet McKinsey-set staff slash target
  Pentafour to set up multimedia training centre for Malaysia varsity
  BIFR submits proposals for amending Sica Act
  Kirloskar Electric, Jyoti locked in race for NGEF
  FTSE 100 ends up with BP Amoco aid, Microsoft woes fade
  Domestic auto sector turnaround pushes up tyre output by 10%
  RPL inks oil pacts with four Middle-East firms