The Indian Express -- Business

Thursday, May 1 1997

FOREX RATES INDICES STOCK

Qualcomm fails TEC test

The plans of the Department of Telecommunications to commercially launch the Qualcomm system have run into rough weather with the Telecommunication Engineering Centre refusing to issue type approval certificate for the instrument after identifying serious faults during field trial.

Another debate on VSNL, BT-MCI tie-up

In less than two weeks the Full Telecom Commission is slated to meet again to discuss the proposal for a strategic alliance between the Videsh Sanchar Nigam Ltd and the British Telecom (BT)-MCI to set up a transit hub in India for transmitting call traffic originating from South-East Asia.

Power Act flaws hit projects

Various private players in the power sector who till recently thought that getting clearances for smaller projects costing less than Rs 1,000 crore would become simpler following the government's September 1996 notification would be best advised to think again.

Open ended MF schemes to publish NAV daily

OVL to get more powers to okay projects

Bizbits -- Snag hits BSE trading

Royalty on 38 minerals hiked

HDFC hikes dividend

Grasim net dips

PAC calls for ITC case details

Pivotals remain better

Daewoo set to jam roads with four new car models

BoI profits up 58%

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