The government on Friday said it would be able to meet the budgeted target of earning Rs 40,000 crore from the telecom sector this financial year, even as the response to the recently concluded auction of 1,800-MHz band spectrum was lukewarm.
Left to move motions entailing vote; NDA to rally parties against FDI move; DMK keeps suspense alive on its stance.
The deal, which values Firstsource at Rs 800 crore (Rs 8 billion), would give Goenka a foothold in the information technology sector.
The reasons for non-payment remain unknown. GHIAL spokesperson, Arun Bhagat, refused to comment.
On all other issues, including the future of licences given to incumbents before 2008 on the controversial first-come-first-serve basis and dual technology licences, the status quo will be maintained, meaning there is no question of any cancellation, say experts and telecom companies.
Suzuki Motor Corporation Chairman Osamu Suzuki has rejected an appeal by the Gurgaon unit of the Maruti Udyog Kamgar Union to reinstate the 500 workers who were sacked by Maruti Suzuki's management for their alleged involvement in the violence at the company's Manesar plant on July 18, which left one dead and several injured. The facility was locked out for about a month.
An estimated 10,000 people have fled in the past 24 hours after rumours of a threat to their lives.
Hit by recurrent labour unrest at its Manesar unit in Haryana, Maruti Suzuki India Ltd (MSIL) on Thursday said the company would introspect on whether an affiliated union with a pro-business approach and mature leadership would benefit the company.
One of the oldest business schools in the country, XLRI, has changed its brand identity with a new logo, in a bid to change with the times .
On Tuesday, UK-based Standard Chartered's outsourcing of key banking jobs to India came under the lens of US authorities.
Standing ovations, flowers, gifts and rosy farewell speeches -- Keshub Mahindra's last annual general meeting (AGM) as chairman of Mahindra & Mahindra (M&M) had all this, and more.
Workers, union leaders in hiding amid spate of arrests; Japanese nationals among 100 injured; killed person identified as HR general manager
Reliance and its partner BP on Tuesday dropped a bombshell, saying KG-D6, the country's biggest gas discovery, might stop production in 2015 if the government did not approve its long-pending investment proposals and revised capital expenditure plans.
Pawar, who postponed Monday's scheduled meeting of the EGoM, saying he was busy, sent a letter to Prime Minister Manmohan Singh to relieve him as head.
Brokerage says earnings inflated, but mortgage lender rubbishes charges.
A day after Standard & Poor's (S&P) came out with its report on how India could be the first among Brazil, Russia, India and China (BRIC nations) to lose its investment-grade rating, markets shrugged off the concern, ending in the green.
The EGoM decided to auction a minimum of eight blocks in all service areas after reserving spectrum for refarming against the allocation of 900 MHz for incumbent operators whose licences will expire during 2014-2016.
The finance ministry on Wednesday provided relief to the Rs 18,000-crore (Rs 180-billion) software industry by replacing a multi-level structure of tax deducted at source (TDS) on distributors with a single TDS. This would be deducted by the first distributor -- one who directly purchases packaged software from a developer.
IndiGo has withdrawn all content from MakeMyTrip, and Jet Airways has drastically reduced its inventory on the site.
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