Firms to pay Rs 24,700 cr if spectrum formula is accepted.
A decision on the merger will take some time as there are procedural problems with MTNL being a listed entity and BSNL non-listed.
Started in 1857, Alstom is one of the grand old companies of Europe.
"From time to time, we do India-specific innovations through products and benefits. Our studies showed that Indian women want a blemish-free skin," says Richa Singh, marketing manager, Garnier India.
This has happened despite an increase in peak demand of power.
Nestle India on Wednesday inaugurated a new manufacturing plant at Nanjangud in Mysore district, Karnataka. The plant, set up with an investment of Rs 360 crore (3.6 billion), will manufacture a range of culinary products.
P&G announced on Wednesday that it was reducing the prices of select stock keeping units of Whisper and Pampers by three and 15 per cent, respectively.
BSNL has been among the top three net losers in terms of subscribers. MTNL, which operates in only the Delhi and Mumbai circles, has lost, too.
Move comes at a time when the $50-billion Unilever is looking to double its turnover in 10 years.
The two PSUs have been losing revenues as well as market share.
Its tie-ups so far have been with international brands, either through licensing agreements or joint ventures, to get them into India.
A memorandum of understanding between the defence and telecom ministries for vacation of spectrum was signed two years ago.
The wait for mobile subscribers to get relief from telemarketing calls has got longer. The Telecom Regulatory Authority of India (Trai) has extended the deadline for the third time for implementation of guidelines to curb telemarketing calls, to April 1.
The proposal gains significance because the merger plan was given a quiet burial under former telecom minister A Raja.
On its radar are Alberto-Culver and the personal care and laundry portfolios of Sara Lee, both recent acquisitions of Unilever.
Anti-government protests in Egypt are making Prashant Goenka, director, international business, Emami Ltd, nervous
Companies are predictably working overtime to cash in on the boom. LG, Samsung, Panasonic, Videocon have all lined up new models of both HDTV-ready and full-HDTV sets for the world cup this year.
The cola wars will no longer be restricted to Coke and Pepsi, with their Latin American competitor Ajegroup setting up shop in India.
The Gurgaon-based company, which is in negotiations with Chinese banks, expects to clinch the loans by September.
The department of telecommunications has finalised its proposal to use the UID numbers for issuing new connections and detailed guidelines, including the activation procedure, will be issued shortly.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances