The Indian Economy Blog

Archive for February, 2006

The Sham Called ADC

Wednesday, February 1st, 2006

Why doesn’t the government separate BSNL into two companies – Urban and Rural? If it is serious about rural connectivity, it should. What is happening right now is, the ADC goes into the pockets of the BSNL. And BSNL is seen offering great services in the urban areas, spurred by competition. But what is BSNL doing in the villages? Precious little. The rural telecom sector has hardly been touched by this revolution that our cities have witnessed.

OVL On The Prowl

Wednesday, February 1st, 2006

I came across this interesting story in the Financial Express that claims that the Russian oil giant Rosneft has asked ONGC Videsh to underwrite part of its upcoming $15-20 billion IPO. In return, Rosneft will offer OVL a stake in its substantial oil and gas fields in Siberia, according to ONGC sources. I am no [...]

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