VSNL monopoly to end early -- Cabinet approves STD, ISP sops as compensation
Private telephone operators will be allowed to carry international voice traffic (ISD calls) from the country ahead of the original schedule of April 2004, with the Government announcing that the state-owned incumbent, Videsh Sanchar Nigam Ltd (VSNL), wi ll cease to be a monopoly with effect from April 1, 2002.

Star TV eyes stake in Hathway Cable
STAR TV, till now bereft of an owned cable distribution arm, is believed to be negotiating the acquisition of an equity stake in the cable network of Hathway Cable & Datacom Private Ltd.

Zee Telefilms appoints A.T. Kearney for recast
ZEE Telefilms Ltd (ZTL) has said that it has hired A.T Kearney, the global management consulting firm, to review and refine ZTL's organisation structure and systems.

Auction route for sale of Killick, Apollo shares
THE controlling block of shares in Apollo Tyres Ltd (ATL) and Killick Nixon Ltd are up for sale. The Custodian, appointed under the Special Court Act 1992, is likely to invite tender offers from interested parties to buy major chunks of shares through an auction mechanism.

UB to capture spirit of the times
CAN your favourite whisky be blended the way you want it? This desire may soon turn into reality as McDowell & Co embarks on an ambitious marketing initiative.

Gautam Singhania at Raymond helm
MR. GAUTAM Singhania today took over as the Chairman and Managing Director of Raymond Ltd from his father, Mr. Vijaypat Singhania, who stepped down as Executive Chairman.

Wipro ADR/GDR issue cleared
THE Government has cleared the proposal put up by infotech major, Wipro Ltd, to issue American Depository Receipts/ Global Depository Receipts (ADRs/GDRs) aggregating $ 500 millions (including a greenshoe option).

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