The Hindu Business Line : Tuesday, March 29, 2005

Dr Reddy's strikes $56 m deal with ICICI Venture — Drug development for US market
DR Reddy's Laboratories Ltd has strengthened its war-chest to support research and litigation costs incurred by it. The company has formalised a $56-million (an estimated Rs 245 crore) agreement with ICICI Venture Funds Management Company for ... More

SC to decide jurisdiction issue in Reliance Info case — HC restrained from hearing petition
THE Supreme Court today by an interim order restrained the Delhi High Court from proceeding further to hear a petition filed by Reliance Infocomm challenging the levy of Rs 182.7 crore by Bharat Sanchar Nigam Ltd for alleged re-routing of ... More

BSNL asks MTNL to pay up Rs 1,840-cr dues
BHARAT Sanchar Nigam Ltd (BSNL) has asked Mahanagar Telephone Nigam Ltd (MTNL) to pay up dues amounting to Rs 1,840 crore as interconnection charges since 2000-01. BSNL said that MTNL has not paid Interconnect Usage Charges (IUC) since the ... More

More crude import deals with Saudi Arabia soon: Aiyar
INDIA hopes to explore the possibilities of bilateral investments in hydrocarbon sector and long-term crude import deals with Saudi Arabia, the Petroleum and Natural Gas Minister, Mr Mani Shankar Aiyar, said on the eve of his four-day visit to ... More

Many ISPs discontinue VPN services
A LARGE number of ISPs including Spectranet, GTL Ltd and Asianet have told the Government that they are discontinuing virtual private network (VPN) services. The move comes after the Department of Telecom imposed a licence fee and an entry fee ... More

Indiapost enters goods transport sector
"We hope to make Logistic Post a national service by June." More

MFs could invest only 50% of corpus raised
MUTUAL fund houses, who were outgunning each other to launch initial public offerings for various equity schemes in January and February, are yet to fully invest the corpus raised. The first couple of months the year had some bumper IPOs with ... More

Infosys, ICICI Bank lead recovery
ON Monday, the market recovered to the levels that prevailed in the early sessions of last week. With the passing of Easter Sunday, the bulls re-appeared from their hibernation to send the market on a roll. The resurrection comes after ... More