"We are negotiating with the vendors on a fast track (and) hope to finalise it within a week or two," BSNL CMD Kuldeep Goyal told PTI.

The world's largest chip maker Intel is preparing to participate in bids recently invited by ailing state-run telecom equipment manufacturer Indian Telecom Industries to set up joint ventures based on various technologies including Worldwide Interoperability for Microwave Access (WiMAX), according to sources close to this development.

Sources say PVR Cinemas, BIG Cinemas, UTV and UFO are in the race. Theatrical rights will include rights to screen the matches live in cinema halls, along with rights to telecast the matches in bars, restaurants, buses, hospitals, trains and a host of other public places.

Maytas Infra Ltd (MIL) has announced that it has bagged the Rs 790-crore Pune-Solapur road contract from IL & FS Transportation Networks Ltd. The project is to be completed in 20 months.

Hyundai Motor India Ltd will hire NRI's and expatriates in executive positions as part of a new recruitment policy that aims at tapping global talent in the automotive industry, the company said on Tuesday.