The Indian market, in the first 11 months of 2011, saw smartphone shipments cross the 10-million mark for the first time.
Burdened with the impact of subsidising the retail losses of downstream oil marketing companies (OMCs), Oil India Ltd has asked the Union government to take the average of the last five years' net profit for calculating the proportionate share of upstream companies, against the current practice of the last three years' average.
After a long wait for government approval, Reliance Industries (RIL) is to begin work on development of four satellite fields -- D-2, D-6, D-19 and D-22 -- in India's largest gas field, block D6 in the Krishna-Godavari basin, or KG-D6.
The countdown for BG's stake sale in Gujarat Gas Company (GGCL) begins tomorrow. Three months after BG made its intention of divesting its stake clear, over half a dozen potential bidders are likely to submit non-binding bids for BG's 65.12 per cent stake in the country's largest natural gas distributor by sales.
The 32 GB tablet will come for Rs 15,990 and the top end tablet of 64 GB will be sold at Rs 24,490.
One effect of the globalisation of Indian business has been the rise in the grant by companies to staffers of employee stock options.
Communication has instilled a sense of trust and belief among the employees.
Most companies see the next few quarters as a period of uncertainty and are trying to shift costs from fixed to variable.
The country's most expensive phone, iPhone 4S, was launched at midnight. The handset had already seen many enquiries from eager customers, both at retail electronics stores, as well as mobile operators. However, none are raising their hopes just yet.
BPCL plans to save Rs 500-800 cr, while HPCL eyes 10% reduction in total costs.
RIL, which had over 1,470 retail outlets, is said to be running only 350 of those at present.
It is in talks with a local player for a discovered asset so that it can have a ready cash flow in one or two years.
Bharti Airtel, which acquired the African operations of Zain Telecommunications last year, had a net debt of $13.4 billion at the end of the first quarter of the current financial year.
Callers trying to sell insurance, SMSs offering cures for bald patches, cheap holiday packages and education consultants could be a thing of the past, after stricter tele-marketing norms come into effect from September 28.
In a scenario where we have power purchase agreements and the SEBs are in financial strife, we would always get supported, as our cost of generation is lower than most other plants.
Reliance Communications has launched a seven-inch tablet at Rs 13,000 per piece and Bharti Airtel's Beetel at Rs 8,000 a piece.
Proposed format to have real-life scenarios that mirror the kind of thinking students need at graduate-level work.
Companies say the viability of 13,000 megawatts worth of projects, which have fixed power sale tariffs, hinge on the government decision.
Delay in approvals and bureaucratic stonewalling create hurdles; experts fear return of licence raj.
The court asked Idea to transfer all the licences of Spice back to DoT.
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