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

Dotcoms cut ad rates in fight for survival

It is survival of the shrewdest in the dotcom industry. To gain marketshare and mindshare, many dotcom companies are slashing online advertising rates. After soaring at Rs 600 per 1,000 impressions, online advertising rates have been cut to Rs 150 per 1,000 impressions - a 75 % drop over the last few months.

Oil import bill to touch Rs 70,000 crore

The country's oil import bill will rise by over 23% during the current fiscal to touch Rs 70,000 crore. Oil imports during 1998-99 amounted to Rs 57,000 crore.

Unhealthy byte -- PM skips Silicon Valley

The disappointment is obvious. The first-ever meeting of an Indian Prime Minister with over 1700 Indian IT wizards in Silicon Valley on the football grounds of Stanford University is off.

Centre eases FDI norms for SEZs, telecom sector

Taking the reforms process further, the Cabinet liberalised the Foreign Direct Investment (FDI) policy for units in special economic zones (SEZs) and telecommunications sector.

Trai moots entry fee, networth norms for telecom operators

The Telecom Regulatory Authority of India (TRAI) has issued recommendations on various issues pertaining to the grant of fresh licences for providing basic telecom services in the 15 vacant telecom circles and in the existing six circles.