Telecom Commission opposes strategic divestment of MTNL, VSNL stake
High-powered Telecom Commission is opposed to any strategic sale of stake in the public sector telecom giants MTNL and VSNL as these are profit earning firms

DoT plans to bar HFCL from next round of bidding
Telecom giant Himachal Futuristic Communications Limited is likely to be barred from participating in the next round of bidding for the basic licences as the co has been fighting a case with the Department of Telecom for more than four years on encashment of its bank guarantee.

Chaitime.com on the block, to divest stake to strategic Indian partner
Chaitime.com, the US-based site for the South Asian community worldwide is on the block and has decided to offload controlling stake to a "strategic Indian partner".

AIR ready to go trendy, may take tips from BBC
AIR is banking heavily on its about-to-be launched FM channels to acquire a modern image. ``AIR is getting ready to wear a mini-skirt and show a bit of leg,'' says Mr Harish Awasthi, DG (News), Prasar Bharati.

It's happening -- Kerala gears up for mega IT thrust
Kochi is to soon become a hub of infotech activities. On a 200-acre land, a hi-tech park on the lines of Technopark in Thiruvananthapuram is to be set up soon, giving a boost to the IT sector.

Webtech picks up 10% stake in Wintech
New York based Webtech Inc has taken a 10% stake in Wintech Computers for an investment of $12 million. Wintech, an Internet training company will serve as Webtech's training associate in India.


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