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Friday,
May 16, 2003, Chandigarh, India  
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BSNL intensifies tariff war, launches new plan AirTel
scheme for villages * New plan for subscribers too Fresh
package for textile industry Merger of
MRPL, ONGC ruled out * ONGC to set up petrol pumps |
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VRS for
Spinfed staff approved Colgate,
P&G units for HP Glimpse
of Haryana in Sharjah Rs 18 cr
distillery project hangs fire
Dabur
sees 25 pc profit * ITC Hotels profit jumps
GM
unveils Opel Corsa Sail * Hero
Honda launches Karizma
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BSNL intensifies tariff war, launches new plan
New Delhi, May 15 The cut comes within two days of the BSNL announcing a partial roll back in tariff hike for landline to cellphone calls. “We have tried to work out simple plans for the benefit of our cellular customers,” BSNL Chairman and Managing Director Prithipal Singh told reporters here. While the reduction in tariff ranges between 8-66 per cent for its already existing post paid Plan 225 and Plan 325, in the pre-paid category, the reduction in tariffs is between 8-50 per cent. With the introduction of the interconnect usage charges (IUC) regime, the incoming calls are already free. A Plan 225 customer will now pay Rs 2.20 per minute for a cell-to-cell outgoing call which is a decline of 8 per cent and Rs 2.40 for cell-to fixed or to a WLL, about 33 per cent less than the existing rates. In this Plan, cell-to-cell STD rates have been pegged at Rs 2.40 for all distance slabs, while the cell-to-fixed calls upto 500 km would be Rs 2.40 per minute and that beyond 500 km would be Rs 3.60. The rates would be effective from May 17. “Customers would benefit as our pulse rate is 15 seconds. Therefore if a local call is 40 paise per minute and customer speaks for 15 second, he would have to pay 10 paise,” Mr Prithipal Singh pointed out. In addition, the BSNL has slashed the SMS charges to 60 paise for all plans, as compared to Re 1 earlier.
PTI
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AirTel scheme for villages Chandigarh, May 15 In the first phase, the scheme has been started in 10 selected villages on experimental basis and will be rolled out into more villages and subsequently in the entire region, said Mr Vinod Sawhny, CEO, Bharti Mobile- Northern Region. He said under the scheme the village sarpanch would extend the facility of mobile phone for common use of villagers. This could be in the form of a mobile PCO operated by sarpanch or for emergency use by villagers.
New plan for subscribers too
He also announced to launch a simple tariff plan, ‘‘Airtel 012’’ for subscribers entering the mobile fold. It would enable customers to avail free incoming calls, mobile to mobile calls for Rs 1 per minute, STD calls from mobile to mobile at Rs 1.99 per minute for just a net monthly charges of Rs 299
only. Customers would not have to deposit any security for making mobile to mobile STD calls. While customers had to pay Rs 4.80 per minute for STD calls on landline phones for above 200 km, but the AirTel 012 plans would enable them to make STD calls to landline at Rs 2.99 per minute for 200-500 km distance, and at Rs 3.99 per minute for above 500 km distance. In addition they would get free roaming, SMS, voice mail and content services.
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Fresh package for textile industry
New Delhi, May 15 However, the government had not discontinued the Cenvat chain over which the industry was vertically divided. Besides giving a host of fiscal reliefs, the Finance Ministry had also removed the procedural bottlenecks for the assessees. Registration will be granted without the Permanent Account Number (PAN). As against the earlier limit of Rs 30 lakh, powerloom weavers, having an annual turnover of Rs 35 lakh, would have excise duty exemption for the first clearance of Rs 25 lakh (earlier limit Rs 20 lakh) during the year. Similar exemption would be available to manufacturers of shoddy blankets, terry towels, fabrics made from monofilament, rubberised textile fabrics, woven and unprocessed cotton belting and round mesh mosquito net fabric. As a step towards simplification, officers of the Central Excise Department had been given “strict’’ instructions not to visit any textile unit unless authorised by senior officers for a specific task. For the unprocessed fabrics weavers and manufacturers of readymade garments, the filing of return would be on quarterly basis. In other cases where the filing of returns was on monthly basis, the date for filing return pertaining to April, 2003, had been extended from May 10 to June 10, 2003.
UNI
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Merger of MRPL, ONGC ruled out
Mangalore, May 15 “With the financial support of the ONGC, I can assure you that bad days of MRPL are over and the refinery which was already one of the best in technical terms, will soon be one of the most profitable refineries in the country,” Naik said at a function organised here to receive the first shipment of crude oil from Sudan. Deputy Prime Minister L.K. Advani was also present at the function. Ruling out merger of MRPL with the ONGC, Naik said “there is no case for merging MRPL with the ONGC. Both will function independently”. Company officials said MRPL, which posted a net loss of Rs 419 crore in the year ended March 31, 2003, was likely to post a cash profit of Rs 73 crore this fiscal. ONGC to set up petrol pumps
The ONGC will begin retailing petrol and diesel from its own petrol stations by the year end, company CMD Subir Raha said today.
PTI
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VRS for Spinfed staff approved
Abohar, May 15 The decision will also affect the employees who were not covered under the Punjab State Public Sector Undertakings VRS -2002 as their adjustment in other cooperative apex institutions was difficult. The non-common cadre employees coming under the purview of the Industrial Disputes Act 1947 are to be disengaged through retrenchment after obtaining the necessary sanctions. According to a communication released, the Finance Department has been directed to release Rs 26.29 crore to the Spinfed for meeting the disengagement cost immediately so that services of the employees may be dispensed with on or before September 30, 2003. Dr B.C. Gupta, Financial Commissioner and Secretary Co-operation, had placed 15-point report before the Cabinet recently were approved. The report said the co-operative spinning mills in Abohar, Bathinda and Goindwal had incurred net losses of Rs 84.08 crore.
OC
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Colgate, P&G units for HP Shimla, May 15 Mr Ram Lal Thakur, Industries Minister, said today that 130 companies had expressed willingness to set up units and approached the government for land. The government had in principle agreed to provide land to six big companies, including Colgate Alembic, Procter and Gamble, Luckystar and Titan for setting up electronic and medicine manufacturing units. To ensure that the package was implemented promptly, the state government had submitted a blue print for industrialisation to the Centre in which prospective sites in each district along with details of revenue record had been provided. The Centre had so far not issued the notification regarding exemption of excise duty as announced in the policy. He would personally take up the matter with Mr Atal Bihari Vajpayee, he added.
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Glimpse of Haryana in Sharjah New Delhi, May 15 The coming year will witness a range of trade promotion activities, including tourism-related campaigns and expositions in Sharjah. Haryana is one of the four states to have been shortlisted to be promoted as tourist destinations in the UAE. The second meeting of the India-UAE Business Working Group was held here last evening between the Sharjah Chamber of Commerce (SCCI), Indian Business and Promotion Council and Assocham. The meeting decided that India’s permanent exhibition centre would be set up in Sharjah. Nodal offices for enhancing trade, encouraging joint ventures and tourism would also be set up in the two countries, an Assocham spokesperson told The Tribune. “The UAE holds immense importance for India not only due to tremendous trade potential, but also because it will help Indian goods reach other countries like Africa. Moreover, we are their second largest partners in terms of trade”, the official said. The UAE is India’s major trading partner and in 2001-02, India’s exports to UAE were $ 2,482.4 million whereas imports from UAE were $ 915.1 million. The working group has identified gems, jewellery, fabrics, cotton yarn, marine products, machinery and instruments, IT, food processing, consumer goods, infrastructure, banking and tourism as potential areas for joint ventures and trade promotion. Besides Haryana, Uttaranchal, Orissa and Madhya Pradesh have been shortlisted to be
promoted during the first phase.
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Rs 18 cr distillery project hangs fire Pathankot, May 15 Members of the Pathankot Chamber of Commerce (PCC) yesterday alleged that the PSIEC had allotted industrial plot in 1999 comprising 22 acres in the industrial growth centre here.
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‘Paryatan Plus’ 6 pc GDP growth Syndicate Bank Woolmark Maruti IPO EPF meet Code for traders NHPC net up |
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