THE HINDU BUSINESS LINE
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Sunday, July 16, 2000

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Page One

 National long-distance telephony to de freed -- ISPs can have own landing stations: PM
THE Prime Minister, Mr. A. B. Vajpayee, has said that national long-distance operations will be opened up to the private sector before August 15.

VSNL bandwidth monopoly may go
THE Prime Minister, Mr. Atal Bihari Vajpayee's announcement here on Saturday that Videsh Sanchar Nigam Ltd (VSNL) will be asked to make necessary changes without any delay in the arrangement with its international submarine carrier partner, FLAG, will si gnal the end to VSNL's exclusivity over the allocation of bandwidth to domestic service providers.

Action plan to boost IT -- Centre, States offer duty sops
THE Union Government and the State Governments will allow free right of way facility, with no charge in cash or kind, to access providers to lay optical fibre networks along national highways, State highways and other roads, and only a nominal restoratio n fee will be charged for providing this facility.

Hero Honda Q1 net rises 60 pc
HERO Honda Motors Ltd (HHML), the country's leading motorcycle manufacturer, has reported a 57 per cent jump in net sales at Rs. 728.26 crores for the first quarter of 2000-01, as compared with Rs. 463.07 crores for the corresponding period of the previo us year.

RBI advances to Centre double
LOANS and advances by the RBI in the form of ways and means advances to the Central Government has doubled to Rs. 10,333 crores on July 7 from Rs. 5,298 crores during the previous week.


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