The Hindu Business Line : Tuesday, May 27, 2003

Air India to drop fares on domestic routes
AIR India is set to join the `fare wars' raging in the Indian skies. It has decided to reduce the domestic fares on the 14 sectors it flies within the country. Details of the revised fares would be announced on Tuesday, an airline official told ... More

ISPs may be tapped to raise rural teledensity — Universal service norms may change
IN a drastic re-haul of the universal service obligation (USO) policy, with basic service providers showing little interest in setting up village telephones, the Department of Telecommunications (DoT) is likely to allow Internet service providers ... More

Airport leasing: Contract to KPMG may be cancelled
THE Government may terminate the contract of the global advisors, KPMG, which has undertaken the work on leasing of the four metro airports at Delhi, Mumbai, Kolkata and Chennai. Official sources told Business Line that with procedural ... More

G-secs buyback may be one-off affair
FEEDBACK reaching the Ministry of Finance from public sector banks could force a drastic alteration in the calendar for the proposed buyback of Government securities. The Ministry is gradually veering to the view that the entire buyback ... More

US States' move to ban data outsourcing — Issue can be raised at bilateral trade talks, says Arun Jaitley
"At a time when `market access' is considered to be the buzzword, market denial seems to be the rule when it comes to these States. As these are essentially Government procurement contracts, the impact will not be much. But this will place us on high moral ground to take this matter during trade negotiations," Mr Jaitley said. More

US cos have big designs on Indian diamond jewellery
THE country's diamond processing sector may acquire a new sheen. Large US corporates running multi-billion dollar jewellery chains are increasingly eyeing India as a potential centre for outsourcing their production of diamond-studded jewellery. ... More

Debenture holders' stand key to reopening Dunlop unit
AN early reopening of Dunlop India Ltd's Ambattur factory in Tamil Nadu appears possible provided the company's debenture holders (mainly FIs) take a "compassionate" stand on the issue of realisation of their money which will be paid from the ... More

Hind Zinc plans to hike Rajasthan unit capacity
THE country's largest zinc and lead producer, Hindustan Zinc Ltd (HZL), now a Sterlite group company, is planning to increase the capacity of its smelter in Rajasthan by one lakh tonnes per annum (tpa). The current installed capacity of the ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line