IT Update
Rupee spins to touch all-time low of 46 The rupee went to a life-time low of Rs 46.07 on Friday -- a fall of 20 paise from its overnight close at Rs 45.86 -- before recovering to close at Rs 45.80/83. Government sets out tighter norms for setting up ISP landing stations The Government on Friday issued stiff guidelines for ISPs setting up Submarine Cable Landing Stations. The guidelines put the entire onus of setting up and running the traffic monitoring mechanism upon the ISPs and impose a 40-bit key limit on encryption. Insider trading norms to cover MFs, FIs, banks Mutual funds, banks, FIS and credit rating agencies are among the entities to be governed by the insider trading regulation, in addition to the companies and other intermediaries, according to the draft insider trading rules released by the SEBI. Drama over PIB note on action against Microsoft There was high drama in the government on Friday over a preliminary investigation conducted by director general (investigation and registration) of the Monopolies & Restrictive Trade Practices Commission against Microsoft. VSNL plans to enter cellular service arena VSNL has decided to enter the cellular market in India. It will bid for the third-generation (3G) licence when the Department of Telecommunications (DoT) auctions the same in the next 12-18 months.
Rupee spins to touch all-time low of 46
Government sets out tighter norms for setting up ISP landing stations
Insider trading norms to cover MFs, FIs, banks
Drama over PIB note on action against Microsoft
VSNL plans to enter cellular service arena