| Trai
decides to phase out levy on telcos |
New
Delhi March 27:
Private telecom operators will not have to pay any levy to BSNL
to compensate it for carrying out rural operations, sector regulator
Trai announced today, a move that may hit BSNL's expansion plans
in remote areas.
|
| Telcoms
wiring up to go all wireless |
Mumbai,
March 27:
India's chances of meeting a 2010 target of 20 million broadband
subscribers relies heavily on going wireless and telecoms companies
are tripping over themselves to spread the net.
|
| Sensex
ends down 71pts; Hindalco gains 7% |
Mumbai
March 27:
The Sensex opened with a negative gap of 137 points at 15,950
on the back of weak cues from the global markets. Weakness in
the first half of the day saw the index slip to a low of 15,869.
|
| Daimler-Hero
JV gets govt approval |
New
Delhi March 27:
Government today gave approval to a Rs 1,650 crore investment
by Germany's Dailmer AG on its proposed joint venture with India's
Hero Group for manufacturing commercial vehicles.
|
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