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American Airliner crashes, 255 dead
New York: An American Airlines flight crashed in a residential area minutes after taking off from John F Kennedy International Airport, killing all 255 people on board.

The American Airlines Airbus-300, with 246 passengers and nine crew, was bound for Santo Domingo, capital of Dominican Republic. It crashed into a residential area about eight km from the airport.

The city was put on "Level One" alert and the JFK, La Guardia and Newark airports have been closed down.

The aircraft is similar to the one that was crashed into the World Trade Center on September 11. FBI believed there was an explosion aboard the plane, and was investigating whether it was the result of a mechanical failure or sabotage.
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TRAI suggests 15% licence fee for ILD
New Delhi: Telecom regulatory authority of India on Monday recommended open competition for international long distance service and stipulated an entry fee of Rs 25 crore along with revenue sharing at 15 per cent.

Apart from Rs 25 crore down payment as entry fee, TRAI also sought a bank guarantee for identical amount favouring the licensor guaranteeing due fulfillment of the stipulated roll out conditions.
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domain - B : Indian business : News Review : 13 Nov 2001 : general