MTNL undercuts VSNL Net rates by 15%
The Mahanagar Telephone Nigam Ltd board has approved a three-tier tariff structure for its Internet service at Rs 2,550 for 100 hours, Rs 5,525 for 250 hours and Rs 8,500 for 500 hours.

ICICI nine-month net spurts 17% to Rs 726 cr
Term-lending institution ICICI has posted a 17% growth in its net profit for the nine-month period ended December 31, 1998.

Hindustan Motors looking for job cuts at Uttarpara
CK Birla's Hindustan Motors Ltd has drawn up plans to retrench workers at its ailing Uttarpara unit, which manufactures the Ambassador car.

CORPORATE
SAIL wants 5% hike in import tariffs on steel: Pande
Reserve Bank may bring debt defaulters to book

ECONOMY
Mutual funds likely to mop up Rs 20,000 cr this fiscal: Mehta
Hegde hits out at FM for undermining export

EXPRESSIONS
Positive signals from BJP keep markets buoyant
FI-shunned Shri MM Softek lists at 150% premium

MARKETS
Morgan Stanley expects economy to stage modest recovery
Magadh Stock Exchange urges RoC to take action against defaulers

LEISURE
Baskin Robbins and Coke fizz up mocktail menu
Small UPS makers give big players a run for their money