Tuesday, July 25, 2000


Silicon Valley Saga Series


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Intel IT Update

 

Oops, sorry, I got my bid wrong by 80 percent


New Delhi, July 24: Believe it or not, according to Sterlite Industries which has bid for supplying jelly-filled cables to the Department of Telecom (DoT), it inadvertently got its bid figure wrong by a whopping 79 per cent! That's right, according to a petition currently being examined by minister of state for communication, Tapan Sikdar, Sterlite quoted a bid price of Rs 1,64,193 per kilometre for 200pr 0.5 mm A cable on March 30, but later realised that this should be higher, and sent a corrigendum (after the submission) to revise this to Rs 2,94,193.

Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.

   

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