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24 February 1998
  Till telecom department does TRAI part
The department of telecommunications (DoT) is reportedly moving the Telecom Regulatory Authority of India (TRAI) to allow it to raise rentals and local call charges for telephones. Its reasoning is that it will soon face competition. And that it is now subsidising the local calls and residential subscribers. Moreover, the huge subsidies from international calls may also disappear.
  New marketplace needs new mindset
The last five years have shown us how brutal are the changes that are taking place around us. The rules of the game are changing every day and a new mindset is required to understand these changes. However, our institutional memory does not permit us to accept the changes. We want different results, but we continue to do the same old things.

Extortionist state
Once upon a time, there was a peaceful, industrious community. But it wasn't destined to live in peace for long. Soon its wealth attracted thieves, who came armed to the teeth, terrorised the town, and decamped with the booty.
Bhandari must go
The Allahabad high court's verdict restoring the Kalyan Singh government in Uttar Pradesh is a welcome move. The court's decision unmistakably conveys that democratic traditions have taken strong roots in this country, despite the best efforts of men like governor Romesh Bhandari.


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The Index
The second half has always historically been better for Wartsila NSD. This trend is also in evidence for other capital-goods manufacturers. A possible reason for this could be corporates prefer to place orders in such a manner that commercial production can start during the April-September period, allowing to avail themselves of depreciation benefits for the full year.

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