The Hindu Business Line : Saturday, April 26, 2003

BPCL sees hurdles to ADRs — Seeks protection from US Act provisions
SOX, a friendly nickname for the recent American enactment, Sarbanes-Oxley Act, has literally socked Bharat Petroleum Corporation Ltd's proposed ADR issue slated for December this year. A fall-out of this Act is that directors of companies ... More

Reliance extends 40 paise offer to all WLL networks
IN a move that is likely to stump the cellular operators who have been objecting to the 40 paise per minute STD calls being offered by Reliance Infocomm on its own networks, the company has now decided to extend this price to all long distance ... More

IA crew night halt shifted to Bangkok
INDIAN Airlines (IA) is taking proactive measures to keep its crew away from the apprehended areas of the Severe Acute Respiratory Syndrome (SARS). Official sources told Business Line that the airline is shifting the night halt for its ... More

Pilots put Air India in a spot — Chairman to meet IPG President today
WITH the Indian Pilots Guild sticking to its guns, Air India on Friday cancelled an international flight following non-availability of pilots to operate the service. A spokesperson said the airline would operate six of the seven international ... More

ICICI Bank to pay Rs 7.50 — `Steady improvement in profitability'
ICICI Bank has posted a net profit of Rs 337.68 crore in the fourth quarter ended March 31, 2003. The net profit for the quarter ended March 31, 2002, was at Rs 56.88 crore. The figures, however, are not comparable as the current numbers are that ... More

`Debt buy-back from banks to be effected by June'
THE Finance Minister, Mr Jaswant Singh, today said that the Centre's proposed buy-back of its high-cost loans from banks, as announced in the 2003-04 Union Budget, will be completed within the coming two months. "I am happy to mention that the ... More

TRAI amends telecom tariff order again — Specifies uniform applicability
THE Telecom Regulatory Authority of India (TRAI) has once again amended its Telecommunication Tariff Order (TTO) specifying uniform applicability of the provisions of the reporting requirement of the tariff plans with it for approval by all ... More

SC stays tribunal order on WLL files
NEW DELHI: THE Supreme Court has stayed directive of the Telecom Dispute Settlement Appellate Tribunal to make public all files and official documents pertaining to its policy of allowing basic operators provide WLL services. A Bench ... More

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