NATIONAL Dabhol: India seeks time from London Tribunal India has sought 60 more days from an arbitration Tribunal at London to respond to a claim of about $ 6 billion as compensation from GE and Bechtel, the foreign promoters of now-defunct Dabhol Power project in Maharashtra.
MTNL cuts STD tariffs for Delhi, Mumbai subscribers Rewarding its customers, MTNL (Mahanagar Telephone Nigam Limited) today announced a steep reduction in STD tariffs for its subscribers in Delhi and Mumbai in which STD calls between fixed line customers of these two metros would charged at a flat tariff of Rs 1.90 a minute.
India's surplus in bilateral trade is worrying: US The United States today (Sep 16, 2004) said India's surplus in bilateral trade has created imbalance, leading to apprehensions over commitment to level playing field while it flagged the issues of high technology exports and free movement of professionals.
Sensex up by 58pts, market rallies to 4-month high After an overnight brief pause, the market once again, rallied smartly lifting the Sensex by 58 points at close on a fresh bout of buying spree from investors despite worries over higher rate of inflation and firm trend in international crude prices.
Finance Minister is final authority in FDI: Maran Amid reports of differences between the two ministries over the FDI (Foreign Direct Investment) hike issue, Union IT and Communications Minister today (Sep 16, 2004) said that Finance Minister is the final authority in FDI and he has no differences with him on the issue.
Use tech for growth and sustain confidence: Premji Wipro Chairman Azim Premji has cautioned that any technological change in banks without tweaking management systems and gaining confidence of the workforce will not be sustainable in the long run.
