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Volume - I  Issue - 729
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Tata, Quippo form new telecom infrastructure company

Monday, January 05, 2009 (16:10:19)

New Delhi: Tata Teleservices, the country's leading CDMA telecom services provider, and Kolkata-based Quippo Telecom Infrastructure, today announced the merger of their infrastructure businesses to create an independent telecom infrastructure company.

Under the terms of the partnership, the Tata group firm and Quippo will swap 51 percent and 49 percent stake respectively in the infrastructure business held by them.

The management rights in Wireless Tata Telecom Infrastructure (WTTIL), the tower arm of Tata Teleservices, shall now move over to an independent.... India Business News

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daily business news Business special        (16:11:48) Current Business News
R-Com launches GSM telephony in Mumbai

Mumbai: Telecom operator Reliance Communications (R-Com), belonging to the Reliance Anil Dhirubhai Ambani Group (R-ADAG), on Sunday launched its much-awaited GSM mobile telephone services here. This comes within days of the company announcing December 30 the launch of its GSM services across 11,000 towns in the country.

R-Com also launched a plan that it says ?offers up to 100 percent savings to sub-Rs.300 ARPU (average revenue per user) mobile customers in the city of Mumbai at a one-time subscription charge (including GSM SIM) of Rs.25?.

The plan....

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Online Business News India Business News     (16:35:01) India Business News
Trucks go off roads, food shortages feared

New Delhi: Over six million trucks went off roads across India in the early hours of Monday, a day after talks with the government over their demand to reduce prices of diesel and tyres failed. Traders voiced fears of food shortages as the....

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Markets rise on basis of second stimulus package

Mumbai: Indian equities markets were trading in the green early today afternoon on the strength of the second economic stimulus package announced by the government on Friday. The Sensex was more than two percent above its previous close.

Shortly....

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'India will emerge stronger from global meltdown'

New Delhi: India, along with China, Russia and South Korea, would emerge stronger from the global financial crisis as they enjoy strong economic foundations, higher growth rates and sound monetary policy measures, according to an industry lobby....

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Fare cut unlikely on int'l routes: Jet Airways

New Delhi: India's leading private carrier Jet Airways, which cut domestic fares by up to 40 percent last week, said it has no plans to slash fares on international routes. "We don't have any proposal right now to cut fares on our international....

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