Wednesday, March 10, 1999
Trai rings in steep hike in basic, cell rentals
The Telecom Regulatory Authority of India (Trai) announced a 30% hike in basic telephone rentals in urban areas and a 400% raise in cellular rentals, but drastically reduced domestic and international long-distance call charges.
Centre sets up two panel to review drug policy, pricing
The Government has announced the constitution of a 10-member committee, headed by the secretary (chemicals and petrochemicals (C&PC) Deepak Chatterjee, to review the existing drug policy and Drug Price Control Order (DPCO).
DoT defers encashment of four firms guarantees
The Department of Telecom has deferred encashing bank gurantees of the four errant companies -- Essar commvision, Tata Teleservices, Hughes Ispat and Birla AT and T -- till the Delhi High court resumes further hearing.
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