Business Services Industry

BRIEFING - ASIA TELECOMMUNICATIONS - JUNE 10, 2002.

AsiaPulse News, June, 2002

An executive briefing on the telecommunications industry for June 10, 2002, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, asia-based wire with exclusive news, commercial intelligence and business opportunities.

INDIAN COURT DECLINES TO ISSUE NOTICE ON VSNL, TATA CONTROVERSY

NEW DELHI - The Delhi High Court has declined to issue notices on a petition challenging alleged diversion of Videsh Sanchar Nigam Limited (BSE:VSNL) funds to one of its group companies by Tatas, which acquired management control of VSNL recently, saying the relief sought by the petitioner was vague.

"We are not inclined to issue a writ on such a prayer," a division Bench comprising of Justice Vijender Jain and Justice Vikramajit Sen said Friday, while...

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