In a move that could hold a flicker of hope for telecom operators, who have been opposing the high base price for the auction of 2G spectrum, the empowered group of ministers (EGoM) has quietly modified the key objective of the auction. The text of the objective has been tweaked from "revenue maximisation" to "maximising revenue but within set parameters" determined by the government.
With the hype and hoopla, created around the World Environment Day (June 5), many companies across categories -- hospitality, consumer goods, apparel and even cosmetics -- are trying to make the most of the occasion.
After showing their displeasure over blocking of websites by the government by breaking into official websites of various government and private organisations, hacking group 'Anonymous' is now taking to the streets to protest against the move.
Needed, it says, for covering its return and risks; also wants govt to stick to contract on output sharing
The Association of Unified Telecom Service Providers of India, the CDMA operators' body, said mobile services could become dearer by 28 paisa per minute if the recommendations by the Telecom Regulatory Authority of India are accepted in their current form.
With a goal to connect entrepreneurs with investors, a group of angel investors, including Google India Managing Director Rajan Anandan, has come together to launch an online platform -- VentureFund.com -- with an initial corpus of $100 million.
The company has been manufacturing personal computers, both desktops and laptops, netbooks and tablet PCs.
Global demand for carbon credits, especially in Europe for economic reasons, has been declining since 2010
Mehta's exit and Hilton's entry would see the company making history in India, where women have remained out of the chairperson's slot in energy companies, private or state-run.
Aviation companies plan to join hands for importing aviation turbine fuel (ATF) in a bid to bring down their fuel bills.
The companies are in talks with Shell, Petronet LNG to book capacity
Hiring activities in the non-governmental organisation (NGO) sector have increased over 60 per cent in 2011 compared to 2010, even as they have come under the government scanner for pushing alien agendas in the country.
If the talks materialise, this would mark Hyundai's foray into the LNG terminal construction space in India.
A year after Jairam Ramesh's final environmental clearance, Korean giant waits for state govt to hand over land.
Seeks talks after court battle lost.
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.
From being a $10-million company, Datawind, better known as the manufacturer of low-cost tablet, Aakash, is now aspiring to become a half-a-billion-dollar company in just 12 months.
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.
Market watchers, players and investors, however, feel the e-commerce sector has yet to reach the pinnacle.
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