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Bharati expects nod for Great Offshore open offer soon
Bharati Shipyard, the Mumbai-based ship builder that has announced an open offer for an additional 20 per cent stake in Great Offshore, said it was expecting approval for its offer in the next 10 days from the Securities and Exchange Board of India.

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Rs 6,000 cr will be sought as temporary relief, says CM
Yeddyurappa will lead delegation to meet PM.
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BSNL revenue arrears stand at Rs 7,483 crore for 2007-08

BSNL’s revenue arrears for 2007-08 have touched Rs 7,482.81 crore, out of which Rs 4,226 crore may or may not materialise, the Rajya Sabha was informed today. - Ushacomm targets MVNOs and new telecom operators with TIB-X - Trai seeks financial details of broatcasters - MNP norms by August-end: Trai - India adds 1.2 cr wireless subscribers in June - TRAI says MNP norms by August-end; asks operators to be ready - BSNL revenue arrears stand at Rs 7,483 cr for 2007-08: Govt The biggest defaulters are private customers under basic services who owed Rs 4,173.63 crore as on March 31, 2008, Minister of State for telecom & IT Sachin Pilot said in a written reply. He said the government is considering a proposal of charging a one-time entry fee for spectrum allocation beyond 6.2 Mhz of spectrum. He said Trai is seeking penalty powers on telephone companies for violating its directives. “Trai has sent a consolidated revised proposal to DoT to consider various amendments in the Trai Act 1997, which provides for imposition of penalty on telephone operators for violation of its directions,” he said.


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