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Monday, May 19, 2003

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Copy control CDs to weed out pirates
IT is yet another attempt by the music industry to keep itself afloat. After cutting down prices of music CDs, in a bid to curb piracy, music companies are planning to launch copy control CDs (CCCDs). While EMI-owned Virgin Records has taken ... More

Bonds buyback scheme — Tax sops for banks may be extended
THE Central Board of Direct Taxes (CBDT) may have to keep its hands off for a longer duration from the proceeds realised by banks from the forthcoming exercise of buyback of Government bonds. Fears expressed by public sector banks of possible ... More

Xerox Modicorp: Foreign representatives to be probed
"We have given our nod to the investigators after factoring in a lot of issues, prime among them being that it should not affect the flow of foreign investment into the country." More

Former Deputy governor of RBI Janakiraman dead
MR R. Janakiraman, retired Deputy Governor of the Reserve Bank of India, died in a private hospital here today. He was 70 and is survived by his wife. Mr Janakiraman, who retired from the RBI in 1994, was widely considered an expert on the ... More

Hind Lever to review Surf Laundry Service
The concept of Surf Laundry Services and Lakme Beauty Salons had been introduced as avenues for growth. However, while the Lakme Beauty Salons have since gained in popularity, laundry services could not. More

Decline in cassette sales, viewership — Music cos, channels blame FM radio
THE static is getting louder: added to a crippling licence fee structure, reluctant advertisers and dial-happy listeners, private FM players are now being blamed for a decline in sales of music cassettes and CDs, and a possible decline in music ... More


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