Friday, April 30, 1999
VSNL cuts overseas call rates
In line with the recommendations of the Telecom Regulatory Authority of India (TRAI), the Videsh Sanchar Nigam Limited has announced a 20 to 30% cut in overseas call rates. The reduced rates will take effect from May 1, 1999.
Crisil downgrades Essar Oil, Birla Global
Crisil, the leading credit rating agency, has downgraded the rating of non-convertible debenture issue and Rs 2 billion non-convertible debenture issue of Essar Oil Ltd (EOL) to `C' from `BB'.
Software scam -- List of companies expand
The worst fears of investors are slowly coming true. The list of shady companies which have changed their names to cash in on the software boom is expanding day after day, thereby raising the spectre of another scam in the market.
|
|
