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Friday, March 12, 1999

Centre itching to disconnect TRAI
Angered by the recently announced increases in telephone tariffs by the Telecom Regulatory Authority of India (TRAI), which pinch the pockets of the poor and middle class sections of the society but are a bonanza for the richer and larger users, the government may consider amending the TRAI Act of 1997.

Govt to disinvest 51 pc stake in IA
The government has decided to disinvest 51% shares of Indian Airlines (IA) on the basis of the recommendations of the Kelkar Committee.

IOC to pick up 26% equity in EIL
The board of Indian Oil Corporation (IOC) has approved the corporation's proposal to pick up 26% equity stake as a strategic partner in the Engineers India (EIL).


Inspirations furnishing fabrics


  Sensex falls by 70 points
  Industrial production growth at 2.1% in January
  NTPC poised for major expansion in South
  Pakistan more macho about sanctions, says study
  Tax holiday for EoUs doubled to 10 years
  Sterling wants Rs 256 cr for TMB stake
  Enron to start construction of Kannur project next month
  Pharma scrips hammered on bourses
  First test flight to land in CIAL in April
  SSIs need to focus on technology -- Experts
  Nabard MD asks Orissa to steamline coop banks
  Infosys makes debut in US, lists ADRs on Nasdaq
  Infosys set for takeovers
  Thomson Bankwatch downgrades Vysya Bank, UTI Bank
  Sinha rules out rollback again
  Hiten convicted in another scam
  Bizbits



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