Financial Express - India's leading business newspaper from the Indian Express Group

Panel finalises long-distance telephony norms

The demands of the telecom industry and the Prime Minister's directives notwithstanding, the Telecom Commission (TC) has finalised recommendations for National Long Distance Operators (NLDO), which according to telecom companies, are against the spirit of National Telecom Policy (NTP'99).

Core group of secretaries recommends infrastructure status to LNG projects

The core group of secretaries has accepted the power ministry's proposal to grant infrastructure status to liquefied natural gas (LNG) projects and rationalisation of import duties.

Rupee dips further to 45.32

The rupee's fall continued unabated, with the currency touching yet another all-time low on Wednesday. The rupee touched a new historic low of 45.37, before dollar-selling by a few state-run banks allowed it to close higher at 45.32/33.

Birla-AT&T-Tata picks RPG's 51% MP cellular licence

The Birla-AT&T-Tata combine has acquired a 51% equity stake held by the RPG group in the Madhya Pradesh cellular licence for a consideration of about $55 million.

Manu Seth leaves Tata Chem for dotcom world

Manu Seth (48), who has stepped down as managing director of Tata Chemicals, is exploring options in the dotcom world. Vice-chairman R Gopalakrishnan will supervise the company's operations until a new managing director is appointed.

The rewiring of Bharti Enterprises

Certainly, he is showing vision. Deftly untangling the fibre-optic skeins of a Rs 770-crore New Economy enterprise, and dexterously weaving them into a tightly-knit corporate fabric, Sunil Bharti Mittal is finally bringing clarity and cohesion to his ``Himalaya to Indian Ocean'' e-mpire.