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Home -> Finance -> News

NATIONAL
How urban mobiles will affect rural landlines?
State owned Bharat Sanchar Nigam Limited today (Jan 18, 2005) said that there was a possibility of increasing the rentals and call charges of fixed line phones, even in the rural areas, to make up for losses due to lowering of levy rates announced by telecom regulator TRAI (Telecom Regulatory Authority of India) recently.

RIL buys 92,772 shares more; outgo till now Rs 101 cr
Reliance Industries Limited (RIL) bought another 92,772 shares, taking the total number of shares bought under its ongoing buyback programme to 19,34,522 in the first six days.

INTERNATIONAL
Beyond BPO: Xansa to adopt two tsunami-hit villages
Xansa, the UK-based IT services company, which plans to increase its workforce in India by about 7,000 in the next five years, will adopt two fishing villages affected by the tsunami disaster near its Chennai facility, the firm's Chief Executive has said.

Russia to get its own silicon Bangalore by 2007
Close on the heels of his visit to India's Silicon Valley - Bangalore - Russian President Vladimir Putin has cleared a comprehensive programme to boost the IT sector in the country with the aim of becoming the world's information technology leader by 2010 and raise its share in the nation's GDP to five per cent.