Front Page

Plea rejected

NEW DELHI, MARCH 11. Mega cellular company formed by the merger of Birla-Tata-AT&T (Batata) and BPL Communications today got a boost when the Supreme Court dismissed an appeal filed by BPL's foreign investors challenging the merger on the ground that it substantially affected their voting rights.

A Bench comprising Justice B.N. Kirpal and Justice D.M. Dharmadhikari dismissed appeals filed by CDC Financial Services, Inditel Holdings, Aidtel Holdings and South Asia Regional Fund upholding the Bombay High Court order of December 21 last. _ PTI

Send this article to Friends by E-Mail

Front Page

News: | Front Page | National | Southern States | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts: Classifieds | Employment | Obituary |

Stories in this Section

• No 'puja' without SC permission: PM
• `Only a donation of pillars'
• Puja plan stays: Singhal
• Modi need not quit: Advani
• India 'no' to Pak. proposal
• Sattar ready to visit New Delhi
• Taldih peaceful
• President's rule challenged
• Plea rejected

Copyright © 2002, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu