TCIL
likely to sell stake in Hexacom
New Delhi: Telecommunications Consultants India
Ltd has firmed up plans to exit Hexacom (India) Ltd by
selling its 30 per cent stake in the company to Bharti
Tele-Venture Ltd.
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BPCL
to hedge oil imports
Mumbai: Bharat Petroleum Corporation Ltd has appointed
advisors for formulating its risk management policy on
forward trading in oil imports. The company hopes to begin
hedging transactions before the second quarter of the
coming financial year, according to company officials.
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BPL
Mobile volume up
Kochi: BPL Mobile, one of the leading mobile service
providers, catered to an unprecedented 7.1 million SMS
and 37 million minutes of talktime to usher in the New
Year, a release issued here said.
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Compulink
to scale up operations
Mumbai: Compulink plans to set up a new development
facility with an investment of Rs 5 crore-8 crore at the
Hinjewadi IT Park in Pune.
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BSNL's
new Internet scheme
Madura: Bharat Sanchar Nigam Ltd has come out with
a browser-friendly package for Internet buffs. The new
scheme not only cuts down the telephone bills but also
gives round-the-clock Internet facility without any additional
charges.
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Nicholas
ties up with UK scientists
New Delhi: Nicholas Piramal India Ltd has tied
up with a group of scientists from Imperial College of
the UK to carry out research in the field of rheumatoid
arthritis. The team will be led by Ravinder Maini, an
eminent scientist of Indian origin.
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