Escorts is
planning to invest Rs 1,100 crore to set up its operations
in the four new circles for which it recently won licences
to become the fourth cellular operator. The company is
aiming to start cellular services in these circles—Punjab,
Rajasthan, UP (East), and Himachal Pradesh—by April 2002.
IBF
lifts embargo as agencies pay up
The Indian Broadcasting Foundation has lifted the embargo
on Hindustan Thompson Associates, Fulcrum and McCann Erickson
after receiving payments due to them from the three leading
agencies.
