Business & Economy

Government initiative:
broadband gets cheap 
 

What is India News Service, Friday, 14 January 2005, 2100 hrs IST


Public sector telecom majors Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd on Friday launched broadband Internet services in over 200 cities across the country, fixing a highly competitive Rs 500 per month tariff for home users.

Union IT and Communications Minister Dayanidhi Maran, who launched the services in Chennai, said the aim was to achieve a target of one million customers by December 31, 2005.

The services were launched by Minister of State for IT Shakeel Ahmed in New Delhi.

BSNL's services in West Bengal were inaugurated by Lok Sabha speaker Somnath Chatterjee in Kolkata, by Andhra Pradesh Chief Minister Y S Rajasekhar Reddy in Hyderabad and Karnataka Chief Minister Dharam Singh in Bangalore.

Maharashtra Industries Minister Ashok Chavan launched the MTNL broadband services in Mumbai.

EU agrees to review anti-dumping measures against India: In a bid to remove irritants to bilateral trade, European Union today agreed to review anti-dumping measures against products from India and decided that Indian goods not meeting sanitary standards would not be destroyed.

Bellary gets multi-crore steel plant: The South West Iron and Steel Ltd has also been allowed to set up a 35 MW capacity co-generation unit, that would utilise a by-product of steel.

Bengal to get gas via Bangla: India, Myanmar and Bangladesh signed a historic pact paving the way for a transnational natural gas pipeline from Myanmar to Bengal and Bihar through Bangladeshi territory.

Rs 231 cr allotted for co-operative education: The Centre granted pension to 4000 participants of the Hyderabad liberation movement taking the number of beneficiaries in the State to 15,000.

TRAI pegs unified licence fee at Rs 180 cr: The Telecom Regulatory Authority of India (TRAI) has made no significant changes to the proposals made in its draft recommendations on unified licence regime despite various representations from the industry.

Anil fires fresh salvo at Mukesh: The fresh attack from the younger brother comes amid reports that a formula for legal separation was being worked out at the behest of Kokila Ben, the widow of Dhirubhai Ambani. 

India, UK identify key areas for trade: The two countries besides agreeing to look into the IPR issues have also consented to convene an annual UK-India Investment Summit to support increased mutual investment.

Infrastructure panel clears highway expansion project: The Prime Minister's Committee on Infrastructure today cleared a mega expansion of the ongoing highways upgradation programme, entailing an expected investment of about Rs 1,70,000 crore over the next seven years. 

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