The privatisation programme of the public sector State Trading Corporation has been put on the backburner, its CMD Aravind Pandalai said on Tuesday.
Even as the policy on spectrum for 3G services is yet to come, State-run BSNL has sought additional spectrum for introducing the advanced third generation mobile services in the country.
'It is a balanced and prudent Budget that sets the foundation for future growth in the economy.'
Gail India Ltd will import spot LNG cargo from Algeria at $9.28 er million British thermal unit.
The practice of granting corporate governance (CG) rating and bestowing CG awards should be kept "on hold" till a large number of Indian corporates imbibe these norms in substance, IDBI chairman M Damodaran said on Wednesday.
The CBI has been probing the activities of 44 ponzi companies in the state which allegedly duped thousands of investors of their hard earned deposits.
Insurance coverage for deposits in non-banking finance companies is unlikely to be provided as Reserve Bank of India has expressed reservations over the move.
Vikram Kothari's Rotomac stares at a loan default of Rs 369 crore
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
India's 42 million mobile phone subscribers would swell to 100 million in next two years with the growth mainly coming from non-urban and non-metro circles, Bharti group CMD Sunil Mittal said on Friday.
The cellular phone industry will be able to lower the tariffs if the access deficit charge is brought down, according to Sunil Mittal, the CMD of telecom major Bharti.
The Bank Economists' Conference -- the most important event in Indian banking -- gets underway in Bangalore on Friday.
Power major National Thermal Power Corporation will list in major stock exchanges on November 5.
IT & BPO company Mphasis on Wednesday said it will set up its third Indian BPO centre in Mangalore which will become operational in the next fiscal and will look at acquisitions in the IT services space in the United Kingdom.
Italy's Fiat group, which recently announced its restructuring plan, would continue to support its Indian car making subsidiary, according to a Fiat India statement issued in Mumbai on Thursday.
Mahanagar Telephone Nigam Ltd has bagged three licences for offering fixed, GSM-based mobile and international long distance services in Mauritius.
His statement assumes significance in the light of scams in the state-owned banks.
The National Thermal Power Corporation is likely to start roadshows, beginning with Mumbai, from the second week of August to lure investors for its maiden initial public offer to raise up to Rs 2,000 crore.
The move will help to reduce Air India's distribution cost by 60 per cent
Bharat Sanchar Nigam Ltd decided on Thursday to make all incoming calls on CellOne, its cellular service, free of charge from all telephones and all networks, with immediate effect.\n\n\n\n
BSNL, MTNL to match cell phone tariff cuts
Tata Teleservices is coming with a walkie-talkie like facility on its mobile phones for which it has tied up with the United States-based CDMA giant Qualcomm for acquiring technology.
After Mauritius and Kenya, Mahanagar Telecom Nigam Ltd is exploring overseas markets like Benin and Oman to expand its operations.
State-run telecom firm Bharat Sanchar Nigam Ltd on Tuesday said it has started negotiations with Tatas-owned Videsh Sanchar Nigam Ltd to work out a framework for deriving synergies on its proposed international long distance services.
The rally in the broader market also mirrored the positive trend seen in other Asian markets.
Power Trading Corporation will enter the capital market next month with its initial public offer to enhance capital by Rs 58.5 crore (Rs 585 million).
Kolkata's creme de la creme turned up at the launch of Bandhan, The Making of a Bank, but the evening nevertheless had an informal touch typical of the young bank with CMD Chandra Shekhar Ghosh personally welcoming the dignitaries, reports Indrani Roy/Rediff.com.
"It is my first sortie in Tejas, it is a good aircraft for induction into IAF operations," Raha was quoted as saying by the aircraft maker Hindustan Aeronautics Limited.
India Inc on Thursday rallied behind the Army's move to conduct surgical strikes on terror launch pads across the Line of Control and said it was the time to act tough while ruling out any negative impact on the country's economy and trade.
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