Friday, March 10, 2000,
Chandigarh, India






THE TRIBUNE SPECIALS
50 YEARS OF INDEPENDENCE

TERCENTENARY CELEBRATIONS
B U S I N E S S


Chairman of the board of Deutsche Bank Rolf Breuer, left, shakes hands with the chairman of the board of Dresdner Bank Bernhard Walter, prior to a press conference where the two banks announced a merger of the rivals in Frankfurt, Germany on Thursday
FRANKFURT : Chairman of the board of Deutsche Bank Rolf Breuer, left, shakes hands with the chairman of the board of Dresdner Bank Bernhard Walter, prior to a press conference where the two banks announced a merger of the rivals in Frankfurt, Germany on Thursday. The new bank will have the name of Deutsche Bank and maintain 1.2 trillion dollars (80 billion EUR) in assets. — AP/PTI photo

Bill to replace TRAI moved
NEW DELHI, March 9 — The Government today introduced in the Lok Sabha a Bill to replace the existing telecom regulator with a restructured Telecom Regulatory Authority of India and a Dispute Settlement Tribunal in place of the earlier ordinance which had bifurcated the TRAI.

First doctor-to-doctor service on Internet
PUNE, March 9 — India’s first Internet based doctor-to-doctor consultation service doctoranywhere.com was launched by Ruksun DoctorAnywhere.com Pvt Ltd (RDPL) today.

Now e-mail in Punjabi
New Delhi, March 9 — The barrier of English as the medium of communication in the cyber world has been broken and sending e-mail in Punjabi will soon be a reality.



EARLIER STORIES
 

IS, ISO 9000 licensees meet
CHANDIGARH, March 9 — A review meeting of the IS/ISO-9000 licensees under the northern region opened here at the Bureau of Indian Standards office here today. Mr D.R. Kohli, BIS Deputy Director General said: “Quality has become a buzzword and it is not only an important tool in marketing product but a function of continued success.”

National gears up for competition
LUDHIANA, March 9 — Mr A.N. Poddar, Chairman-cum-Managing Director of National Insurance Company Limited, today outlined the steps being taken by his organisation to face stiffer competition in the wake of the opening up of the insurance sector.

FM rejects charge
NEW DELHI, March 9 — Finance Minister Yashwant Sinha today rejected the charge in Lok Sabha that the Government had a role in import of sugar from Pakistan.

Portal for jobs launched
SINGAPORE-based online recruitment solutions provider, JobStreet.Com, on Thursday launched Indian operations.

ST on fertilisers
AMRITSAR, March 9 — Punjab farmers have been saddled with an annual burden of over Rs 300 crore with the imposition of 4.4 per cent sales tax on fertilisers by the State Government.



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Bill to replace TRAI moved

NEW DELHI, March 9 (PTI) — The Government today introduced in the Lok Sabha a Bill to replace the existing telecom regulator with a restructured Telecom Regulatory Authority of India and a Dispute Settlement Tribunal in place of the earlier ordinance which had bifurcated the TRAI.

The Bill introduced by the Minister of State for Communications Tapan Sikdar has made the regulator more of a recommedatory body except for tariff fixing functions, but vested the dispute settlement powers with the tribunal.

The tribunal to be headed by a Supreme Court or High Court Judge has been empowered to settle any telecom dispute by individuals, State or Central Government and only the Supreme Court could be approached for appeal on its orders.

The orders passed by the tribunal would be executable as a decree of a Civil Court and it would have all powers of a Civil Court for its execution.

The regulatory body has also been given powers to ensure technical compatibility and effective inter-connection between various service providers.

The five-member regulatory body would continue to enjoy its earlier recommendatory powers for introduction of new services, terms and conditions of licences and revocation of licence for non-compliance.

The TRAI would also regulate arrangements between various service providers on sharing their revenue derived from providing telecom services, besides ensuring the time period for providing local and long distance circuits for telecom between different service providers.
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First doctor-to-doctor service on Internet

PUNE, March 9 (PTI) — India’s first Internet based doctor-to-doctor consultation service doctoranywhere.com was launched by Ruksun DoctorAnywhere.com Pvt Ltd (RDPL) today.

Doctoranywhere.com is a business to business e-commerce venture which offers access to medical super-specialists around the country for medical practitioners requiring an expert opinion.

This service is available to doctors and medical practitioners all over India at a modest subscription fee. Subscribers can reach any super-specialist they prefer from a panel of super-specialists and consult them to seek expert opinion through the Internet.

The e-commerce model caters to a vertical niche of practising doctors, and has a clear revenue stream. Initially, Doctoranywhere.com will offer the services of cardiologists only and will soon extend to neurology, gastroentrology and radiology.

The service requires the local doctor to examine the patient and gather all the clinical data. They can then use Doctoranywhere.com to enter the entire clinical data in a structured format and attach relevant documents, scanned ECGs, X rays, CT scans etc. And other investigative reports.

They can then select a super-specialist of their choice, irrespective of the geographic location, upload the case and request an Expert Opinion (Exop).

All parties benefit from the use of the service. Consultants have the opportunity to expand their practice on-line. They will be able to reach out to physicians, general practitioners and patients across the country.

Doctoranywhere.com targets to have 2000 consultants and 20,000 subscribers on the service by the end of the year. The company also hopes to take this service across the borders of India and to other areas where the use of technology can make an equally significant impact on the status of healthcare.

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Now e-mail in Punjabi
Tribune News Service

New Delhi, March 9 — The barrier of English as the medium of communication in the cyber world has been broken and sending e-mail in Punjabi will soon be a reality.

“The website www.netjaal.com has broken the language barrier by launching the country’s first multi-lingual site,” Mr Hari Shankar Vyas, Director of Netcom India, said.

The site has been launched with four languages — Hindi, Punjabi, Marathi and Gujarati.

Mr Vyas told The Tribune that “this is the first site in Gurumukhi using dynamic fonts.”

The site would have a dedicated web newspaper in Punjabi.

“The site will project the real Punjabi taste, present trends, Akali politics, Punjabis making waves abroad, Sikh religion, pilgrimage,” Mr Vyas said.

Plans are on to bring out a directories of all major cities of Punjab on the site.

“And to meet the concerns of NRI Punjabis, the site would provide legal aid to them who have their property here,” he said.

In Hindi, the site has the latest from the share market, business news, tips for success in competition and trade, investment tips, cusine, travel and job search.

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IS, ISO 9000 licensees meet
Tribune News Service

CHANDIGARH, March 9 — A review meeting of the IS/ISO-9000 licensees under the northern region opened here at the Bureau of Indian Standards office here today.

Mr D.R. Kohli, BIS Deputy Director General said: “Quality has become a buzzword and it is not only an important tool in marketing product but a function of continued success.”

Chandigarh BIS Director V.K. Kapoor informed the house that as per the survey conducted in 1998 by the International Organisation for Standardisation (ISO), the highest number of ISO-9000 certificates issued around the world were to electrical and optical equipment.

Mr K.K. Sharma, Director (Quality System), BIS, New Delhi explained in detail the special features of the Quality Systems Scheme being operated by BIS.

Among the 100 organisations represented at the meet were V.K. Goyal, CE of Vardhaman Spinning & General Mills in Ludhiana, Rajpura-based Industrial Cables (India) Ltd., Technical Director S.R. Saran, Mohali-based CEDTI Director General R.S. Khanpur, Chandigarh Canara Bank Senior Manager N. Sekar, Gujarat Ambuja Cements Ltd Senior General Manager V.K. Pandya.
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National gears up for competition
Tribune News Service

LUDHIANA, March 9 — Mr A.N. Poddar, Chairman-cum-Managing Director of National Insurance Company Limited, today outlined the steps being taken by his organisation to face stiffer competition in the wake of the opening up of the insurance sector.

Talking to mediapersons here, Mr Poddar said the General Insurance Industry on the whole had started gearing up the over all standards of performance, speedy disposal of claims, policies, complaints and attitudinal changes at all levels were also in the offing.

Various customer seminars had been organised under Chandigarh region at semi urban areas such as Samana, Kotkapura, Muktsar, Nawashahr, Kapurthala from where about 200 to 250 clients had participated, thus spreading the message of “customer care” in the semi urban areas, he said.

National had performed fairly well in the Northern zone and continued to maintain its leadership. Mr M.S. Saini, Senior Divisional Manager, gave a brief analysis of the business performance of Northern zone of National vis a vis the other companies.

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FM rejects charge

NEW DELHI, March 9 (PTI) — Finance Minister Yashwant Sinha today rejected the charge in Lok Sabha that the Government had a role in import of sugar from Pakistan.

Sinha said the sugar was placed under Open General Licence in 1994 and that too at zero duty. “I do not have to remind this country as to who was in power in March 1994 when it was put on OGL”, he said in an apparent reference to Congress party.

The Finance Minister’s observation came when Congress member Priya Ranjan Dasmunsi accused the Vajpayee Government of allowing import of cheap sugar from Pakistan which had badly hit Indian farmers.

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Portal for jobs launched

SINGAPORE-based online recruitment solutions provider, JobStreet.Com, on Thursday launched Indian operations.

“The web-interfaced e-recruitment portal offers all digital resumes, employment advertising, resume searches, online tests, bringing in totally electronic operations in head hunting,” the portal’s Vice-President International Malek Ali told newsmen in Mumbai.

The portal, having operations in Singapore, Malaysia and the Philippines, is planning to launch China operations shortly to position itself as the Pan-Asia Pacific portal, he said.

Indian operations were launched with the aim of tapping the key source of human capital, especially in the infotech sector, to improve transparency in employment market and facilitate in-bound non-resident Indians (NRIs), he added.

Youth portal

Chrysalis Capital on Thursday announced the investment of Rs 20 crore in zipahead.Com, India’s first youth portal.

This is the biggest investment that Chrysalis has made so far. Zipahead.Com, launched in November ’99, offers a range of youth centric services such as careers, relationships, looks and clothes and good deals.

Puneet Dalmia, founder and CEO, said “Zipahead’s growth strategy is fuelled by its desire to be a leading online brand for the Indian youth. We are actualising this goal by aggressively focusing on long term strategic alliances.”

Aptech strategy

Aptech Limited on Thursday announced a multi-pronged strategy to become a leader in the e-architect category worldwide, with an ambitious goal to achieve a Rs 100 crore e-business this year.

Daewoo site

Daewoo Motors on Thursday launched its interactive business counter on the web — www.Daewooindia.Com — as part of attempts to pump up sales for its existing vehicle line-up.

agencies


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ST on fertilisers
From Our Correspondent

AMRITSAR, March 9 — Punjab farmers have been saddled with an annual burden of over Rs 300 crore with the imposition of 4.4 per cent sales tax on fertilisers by the State Government.

The February 23 notification issued by the State Excise and Taxation Department under the uniform sales tax scheme for the northern States is likely to hit peasants and zinc sulphate manufacturing units since Haryana, Chandigarh and Himachal have exempted fertilisers from sales tax.


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BIZ BRIEFS

Birla MF
Tribune News Service
NEW DELHI, March 9 — Birla Mutual Fund has declared 80 per cent dividend for Birla advantage fund. The record date for the dividend is March 22 and investors who have stakes on or before this will be eligible for the dividend, which would not attract the tax provision proposed in the Union Budget.

Compaq India
Tribune News Service
NEW DELHI, March 9 — Compaq India today announced the appointment of Mr Pankaj Mathur as the country manager — telecom.

Credit card
Tribune News Service
NEW DELHI, March 9 — The Citibank to mark the International Women’s Day, today launched its international credit card for women.

Jardine Fleming
Tribune News Service
CHANDIGARH, March 9 — The Board of Directors of Jardine Fleming Mutual Fund Ltd have declared an interim dividend of 7 per cent on the units in the “Income” plan of Jardine Fleming India Bond Fund.

Expelled
From Our Correspondent
LUDHIANA, March 9 — The Ludhiana Stock Exchange Association has expelled Mr Ashok Kumar Gupta from the membership of the exchange for non-payment of his dues. The expulsion was ratified by the exchange board at s meeting here today.

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