The Hindu Business Line : Thursday, March 06, 2003

Multiple registration, SMS facility — TRAI clears line for Reliance, Tatas
IN what will be a major setback to the private cellular operators, the Telecom Regulatory Authority of India (TRAI) has decided to grant permission to limited mobility service providers Reliance Infocomm and Tata Teleservices Ltd (TTSL) to ... More

HLL special dividend cut by Re 1
HINDUSTAN Lever Ltd (HLL) has decided to reduce the quantum of special dividend announced in August 2002 from Rs 2.76 per share to Rs 1.76 per share. This reduction follows the changes in the Budgetary proposals regarding dividend distribution ... More

Coke issues non-voting equity shares to Indian holders
AMERICAN soft drink multinational Coca-Cola has issued non-voting equity shares of its Indian bottling subsidiary — Hindustan Coca-Cola Beverages Pvt Ltd (HCCBPL) — to its Indian shareholders, according to highly-placed sources in the ... More

Chhabria daughter could queer pitch
THE efforts of Manu Chhabria's family to patch up with Ms Bhavika Godhwani, the estranged eldest daughter of the estate, have suffered a setback. In a significant move, Ms Godhwani has expressed interest in joining a class action suit initiated ... More

Reliance gas find flares Dabhol lenders
RELIANCE Industries Ltd's (RIL) gas find in the Krishna-Godavari Basin has created a host of new problems for lenders to the Enron-promoted Dabhol Power Company. According to sources here, the bidders for DPC had lost interest in the ... More

Private bank FDI cap only at 74 pc
THE confusion over the cap on foreign direct investment in private sector banks has been cleared. The Ministry of Finance has decided that the FDI limit would be capped at 74 per cent and not at a higher limit as was being contemplated due to ... More

PIB clears SCI tanker purchase plan
AFTER two aborted attempts, the Public Investment board (PIB) finally vetted and cleared on Wednesday the Shipping Corporation of India (SCI) plan to buy two new very large crude carriers (VLCCs) estimated to cost about Rs 650 crore. As per the ... More

Cool, man? IT is the woman...
IN the tough and demanding call centre and IT-enabled services, who'd you think fared better — women or men? If you thought it was men, you're 100 per cent off target. According to a recent research study conducted by Bangalore-based ... More