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Wednesday, July 23 1997
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Steering panel to take up VSNL-British Telecom pact![[Details]](/icons/bullet.gif){kind=icon}
The Department of Telecommunications (DoT) is likely to keep the VSNL-BT joint venture proposal in the backburner with the United Front steering committee slated to take it up at its next meeting. The negotiation route adopted by DoT has come in for criticism from various quarters.
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Reserve Bank enters into off-market deals with corporates
The Reserve Bank of India has devised a way of keeping the rupee from appreciating against the dollar without resorting to market intervention. It has started entering into direct off-market deals with corporates.
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Chhabria to tighten grip over SWC
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The Group
