BS Reporters In Mumbai, New Delhi

Stories by BS Reporters In Mumbai, New Delhi

Airtel 4G 10 times faster than 3G

Airtel 4G 10 times faster than 3G

Rediff.com   11 Apr 2012

Airtel is offering three packs: the Breakfree plan for Rs 999 for free data usage quota of six GB (giga bytes), the Breakfree Max plan worth Rs 1,399 with free data usage of nine GB, and the Breakfree Ultra plan worth Rs 1,999 allowing free data usage of up to 18 GB.

Aberdeen seeks $150 mn damages from Mahindra Satyam

Aberdeen seeks $150 mn damages from Mahindra Satyam

Rediff.com   9 Apr 2012

Mahindra Satyam (formerly Satyam Computer Services Limited) on Sunday said that a group of investors led by Aberdeen Asset Management have claimed damages of over $150 million (approximately 750 crore) from the company for the losses they suffered post the confession of accounting frauds by its founder B Ramalinga Raju in 2009.

Telcos' review petitions on cancelled licences rejected

Telcos' review petitions on cancelled licences rejected

Rediff.com   5 Apr 2012

Govt petition separated from others, to be heard in open court on Apr 13

India firm on retro tax changes, UK frets

India firm on retro tax changes, UK frets

Rediff.com   3 Apr 2012

Pranab refuses to give any guarantee of rollback after UK counterpart warns of adverse impact on investments.

Kingfisher road map in 3 days: Mallya

Kingfisher road map in 3 days: Mallya

Rediff.com   16 Mar 2012

Crisis-ridden Kingfisher Airlines would come up with a recovery road map in three days, chairman Vijay Mallya promised on Thursday.

ONGC to give Rs 12,400-cr boost to govt finances

ONGC to give Rs 12,400-cr boost to govt finances

Rediff.com   29 Feb 2012

The Union government will raise at least Rs 12,400 crore (Rs 124 billion) through the sale of five per cent stake in Oil and Natural Gas Corporation (ONGC), giving it a much-needed cushion in the run-up to the Budget.

Etisalat sues Swan promoters for fraud

Etisalat sues Swan promoters for fraud

Rediff.com   24 Feb 2012

The UAE-based Emirates Telecommunication Corporation (Etisalat) on Thursday filed a petition against Shahid Balwa and Vinod Goenka, promoters of the beleaguered Swan Telecom, for "fraud and misrepresentation".

Telenor brings down curtain on Uninor, S Tel shuts ops

Telenor brings down curtain on Uninor, S Tel shuts ops

Rediff.com   22 Feb 2012

Idea takes the matter back to Supreme Court as cancellation-hit telcos make decisive moves.

Banks come to Kingfisher's rescue

Banks come to Kingfisher's rescue

Rediff.com   20 Feb 2012

The company agrees to give interim funding till the airline gets an equity partner

Carlyle may partially exit HDFC with 100% gains

Carlyle may partially exit HDFC with 100% gains

Rediff.com   1 Feb 2012

Five years after its investment, private equity major Carlyle Group may exit a quarter of investment in mortgage lender HDFC Ltd.

'Needed from RBI: Bold moves, not baby steps'

'Needed from RBI: Bold moves, not baby steps'

Rediff.com   25 Jan 2012

At a time when headline inflation has been moderating, most were expecting the central bank to take a firmer stance on growth.

LIC launches Jeevan Ankur

LIC launches Jeevan Ankur

Rediff.com   24 Jan 2012

Children's plans contribute close to 10 per cent to the total premium collected through the 50-odd life insurance products across the country.

PM sets up A-team to get cracking on power reforms

PM sets up A-team to get cracking on power reforms

Rediff.com   19 Jan 2012

Pulok Chatterjee to head panel; deadline set for specific targets.

Insurance scheme for poor bags top slot

Insurance scheme for poor bags top slot

Rediff.com   18 Jan 2012

A Rs 2 health insurance scheme for rural India and a project on empowering cooperative banks through effective application of information technology -- ideas that looked at tackling such problems received the thumbs-up from the jury of the Business Standard B-school Award 2012 held here on Tuesday.

Mamata takes CEOs' roll-call

Mamata takes CEOs' roll-call

Rediff.com   10 Jan 2012

At the Bengal Leads-2012, the third investors' event hosted by Mamata Banerjee since she became Chief Minister, Banerjee asked the industry that it start investing in West Bengal.

Indian BPO industry terms US call centre bill protectionist

Indian BPO industry terms US call centre bill protectionist

Rediff.com   22 Dec 2011

The Indian business process outsourcing (BPO) industry gave a thumbs-down to the US Call Centre and Consumer Protection Bill, terming it another "protectionist" measure by the country.

Kingfisher has not deposited two years' TDS with govt

Kingfisher has not deposited two years' TDS with govt

Rediff.com   22 Dec 2011

The list of negatives on Kingfisher Airlines is getting longer.

Employers adopt cost containment steps for group medical policies

Employers adopt cost containment steps for group medical policies

Rediff.com   14 Dec 2011

The rising cost of medical insurance has prompted India Inc to provide lower cover to employees. A 2011-12 employee benefit survey says the average sum assured under the group medical cover offered by companies has come down by 40 per cent -- to Rs 300,000 from Rs 500,000 -- over the last two years.

Multi-brand retail FDI off, single-brand coming 100%

Multi-brand retail FDI off, single-brand coming 100%

Rediff.com   8 Dec 2011

Opposition placated on multi-brand FDI, single-brand policy to be notified during Winter session.

Vodafone's global investors get a taste of India

Vodafone's global investors get a taste of India

Rediff.com   2 Dec 2011

Vodafone's brass, including chief executive officer Vittorio Colao, told investors roaming policy was applicable to its 3G licences, in spite of claims that it was not.