Thursday, February 11, 1999
Jagmohan rules out steep hike in telephone tariffs
Communications Minister Jagmohan yesterday ruled out any steep hikes in telephone tariffs currently under the consideration of the Telecom Regulatory Authority of India (TRAI).
VSNL GDR offering manages to sail through
The $200-250 million global depository receipt (GDR) issue of Videsh Sanchar Nigam (VSNL) has managed to sail through in the international and local markets.
FIs may get nod for short-term deposits
RBI is set to raze the walls between banks and financial institutions on the resource-generation front by allowing institutions to access short-term resources through term deposits and certificate of deposits (CDs) of less than one-year maturity.
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