Spectrum is critical for Tata Tele because in some circles, Rajasthan for example, it has spectrum only in 60 per cent of the geography, while allocation for the rest has yet to come from the government.
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According to media reports, CBI is looking into the entire process at the then NDA government and has asked for information from the mines ministry.
Firm makes Rs 4,858-crore loss on Rs 10,799-crore income.
The Land Acquisition Bill, passed by Parliament last month, will either make projects unviable or expensive for large infrastructure or real estate projects.
We dance on every small achievement and forget the long-term objectives: Ajit Gulabchand, MD, Hindustan Construction Company.
Liability goes up by Rs 1,000 cr for every Rs 1 change in $ exchange rate
This could mean an end to the talks for a possible partnership between the two firms in the multi-brand retail space -- less than a year after 51 per cent foreign investment was allowed in the sector.
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Senior company officials said the funds would be used to expand its financial services business in rural India where the group would be opening more branches.
The mood at the Indian Institute of Management, Ahmedabad (IIM-A) is festive, with one of its alumnii, Raghuram Rajan taking over as the next Reserve Bank of India (RBI) governor.
General Motors' Tavera recall prompts Union government to formulate a stricter policy.
RIL, Essar, Adani have sounded bankers to raise funds abroad in the coming weeks
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
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Lawyers say open offer must for twin stake purchase to meet Sebi rules.
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Following adverse media reaction to the June 27 decision of the Cabinet Committee on Economic Affairs, the finance ministry had issued an office memorandum asking the petroleum ministry to see if there was a way to make RIL clear its gas supply backlog at the existing price.
No respite in sight as not many big deals, initial public offerings in pipeline.
We are serious about setting up a bank and use the parent branding that is a household name in India, says Venugopal Dhoot.
Clamping down on the delays in repatriating foreign exchange earnings, the Reserve Bank of India (RBI) has tightened norms for special economic zones (SEZs), asking them to realise and bring back full value of goods and services to India within a year from the date of export.
Needs funds for Odisha plant expansion, to cut high debt.
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
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