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Business Briefs

Pesky call rules

New Delhi, Sept. 25: The department of telecom (DoT) has directed all service providers to comply with the regulations on pesky calls and discontinue the phone connections of non-registered tele-marketing companies by October 19. All licencees are required to ensure that the directive is complied with, a DoT letter said.

Rights offer

Mumbai, Sept. 25: Market regulator Sebi has extended the alternate method of payment to new rights issues such as Tata Motors Ltd and Sadhna Nitro Chem on a pilot basis. In the alternative method, investors will not have to pay money till the final allotment.

Auto export

New Delhi, Sept. 25: The government has extended incentives to automobile sector by adding cars and two-wheelers of certain specifications under the market-linked focus products category to boost export.

Jute woe

Calcutta, Sept. 25 : An indefinite strike in the state’s jute industry is imminent following the deadlock of the tripartite meeting held by the labour commissioner today.

Tax panel

New Delhi, Sept. 25: The government has reconstituted the central direct taxes advisory committee for 2008-2010 to suggest measures for removing administrative and procedural roadblocks.


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