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Fri, Nov 20, 2009
Pay Rs 19 for mobile number portability
Telecom regulator TRAI on Friday fixed at Rs 19 the reference rate for portability to charged from users for changing operator while retaining the number. Slowdown spurred corporate fraud
PricewaterhouseCoopers' Global Economic Crime Survey '09 highlighted that corporate fraud remained rampant among organisations of all sizes, in all countries and industries despite increased regulatory actions and anti-fraud controls to prevent it. Incredible India campaigns may be seen at Oscars, Grammy
If the government has its way, the catchy 'Incredible India' tourism campaigns will be spotted in big ticket events like Oscar and Grammy awards. Speed up divestment process: Kelkar
The government should speed up the disinvestment process to generate funds for meeting the new needs such as environment protection, 13th Finance Commission chairman Vijay Kelkar said. Shareholders ask Goldman to cut bonus for executives
Financial service provider Goldman Sachs Group Inc's shareholders have asked the company to cut the size of bonuses to be paid to executives and reward them instead, a media report says. HAL to invest Rs 25K cr in next 10 years
Hindustan Aeronautics Ltd plans to invest more than Rs 25,000 crore (Rs 250 billion) in the next 10 years on the back of a strong order pipeline and big ticket projects on the horizon. HCL Tech opens centre in Brazil
HCL Technologies on Friday said it has opened a global IT development centre in Sao Leopoldo, Brazil, to cater to clients across Latin America, North America and Europe. For Raja, mum's the word
After the empowered group of ministers' meeting on the 3G spectrum auction, finance minister Pranab Mukherjee was surrounded by journalists. Gold surges to Rs 17,500 per 10 gm
Continuing its record setting spree, gold on Friday surged by Rs 100 and touched a new high of Rs 17,500 per 10 gram in the bullion market in New Delhi on heavy buying by jewellery makers amid firming global trend. Born poor, now self-made billionaires
Meet the inspiring people who struggled against all odds to make it big. SAIL again delays Rs 700-cr expansion plan
The PSU steel major has now set a target of completing the mega project--aimed at augmenting its annual production capacity to 23.46 million tonne from the present 14.6 MT-- to 2012-13 from the earlier deadline of 2011-12. Airtel cuts roaming rates by 60%
Under the new plan 'Airtel Turbo', users will be charged 60 paisa per minute on all incoming calls while roaming. The 60 paise rate will also apply to local and STD calls within its own network. Sensex makes remarkable recovery, regains 17K
The NSE Nifty ended at 5,052, up 64 points. The market breadth tunred positive at close - out of 2,787 shares traded, 1,462 advanced, 1,226 declined on the BSE. Rolls Royce's 'Ghost' ready to hit Indian roads
The company on Friday previewed Ghost, the super luxury sedan with a whisper-quiet engine and a price tag of Rs 2.5 crore, in the country and expects the first delivery to happen in quarter one of next year. Bloomberg to lay off 130 staff from BusinessWeek
Attributing to sources, New York Post said that Bloomberg is expected to whack up to 130 employees of BusinessWeek, out of a total 400--a staggering 32 per cent staff reduction. More standard ratings, less moody ones
In the wake of the sharp downturn in the valuations of mortgage-backed securities last year, financial firms justified their investment in these non-transparent instruments on the triple ratings accorded to them. Climate change: Let's clear the confusion
The divergent utterances by environment and forests minister Jairam Ramesh and prime minister's special envoy on climate change Shyam Saran have created a good deal of ambiguity within and outside the country over the government's strategy for these talks. Beware of these 12 online Christmas scams!
Cybercriminals take advantage of the holiday season, aiming to steal consumers' money, identities and financial information. NREGA: DM stops salaries for lack of progress
This step has been taken by the DM after all his efforts to spur the staff failed and the district continued to be placed among the least performing districts of the state in implementation of the scheme, the ADM added. In pix: India's 10 highest paid CEOs
Not too many surprises, but India's richest man is ranked 19th. Tata's tata to Tata
Like many other Indian companies, the Tata group too has globalised in the past decade. It is a testimony to the success of Indian enterprise in the global marketplace that many of them have done well, in the face of severe competition. US polls, iPhone among top 10 Net moments in 10 yrs
Other events singled out by the New York-based International Academy of Digital Arts and Sciences, which has presented the annual Webby awards since 1996, were the Iranian election in 2009 when protests demonstrated the power of Twitter and other social network in reshaping democracy. PM to focus on 9% growth rate
The Prime Minister told The Washington Post in an interview days ahead of his visit to the US that he wants the growth to be inclusive to and its benefits to reach all segments of the population. Of Naxals and rich land of the poor
India's mineral-rich areas have the largest number of poor and are Naxal-affected - there's an obvious story here. Recession: Ban urges aid for poor countries
The theme for this year parliamentary hearing is to chart out methods of dealing with the global economic crisis.