MTNL GDR to wait for market to look up
Mahanagar Telephone Nigam Ltd's global depository receipts issue of 19 million shares will be made only when the government is confident of attracting a premium on the shares. The government hopes to raise atleast $100 million through the issue.

Hindujas plan spiritual parks, film with Michael Jackson
Srichand Hinduja, non-resident Indian and chairman of Hinduja group of companies, plans to make a film and two theme parks with billionaire rock star Michael Jackson.

For once, the dot.coms trail the older tech firms
Internet stocks have created instant millionaires. Shoppers are buying everything from groceries to Gucci online. And the media are enjoying an advertising bonanza, as dot-com companies spend hundreds of millions of dollars to get noticed.


  Briefing
  Cable operators seek uniformity in entertainment tax
  German politicians unite against Mannesmann bid
  Symantec's India office to focus on alliances with ISPs
  Print media alive despite Internet, shows study