Alcatel eyes 50% in Sterlite telecom firm
Sterlite Industries (India) has roped in French telecom major Alcatel as a joint venture partner for its proposed telecom company to be formed by demerging the telecom division from itself. Alcatel may pick up 50% in the venture as soon as the demerger is over by August this year.

Rajendra Singh graces board of Boston Communications
An Indian American, who is counted among the richest in the US, has been named on the board of directors of the Boston Communications Group (BCGI), a leading wireless carriers support services firm.

AI, IA merger necessary before privatisation -- Experts
Even before Air India (AI) is put on the block, a view is emerging that the government should merge the Maharajah with Indian Airlines (IA) before privatising either airline.


  MRTPC asks PAL-Peugeot to refund Rs 25,000 with interest
  Briefing
  Firm picks up stake in ABL Biotech for Rs 1 cr
  Unitech may pick stake in ITDC, HCI properties
  Briefing
  Samtel to set up second manufacturing unit for colour monitors in Pondicherry
  NMDC realisations to improve in current fiscal
  BIFR likely to slap wind up notice on Sipani Auto
  Quantum of AI stake offer being debated
  Iisco fate uncertain as SAIL calls for proposals from buyers
  McDonald's reports $451m earnings
  Bertelsmann, Time Warner discuss clubs merger
  Canadian Airlines board okays recast plan
  NASD probes Bank One for problems with merger
  Microsoft overhauls ad campaign
  High-tech hits the highway; cars, SUVs get new gadgets
  BPL Mobile, Citibank to launch mobile banking
  Renault seals deal to buy Samsung Motors