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.
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 agency said the recall of the order granting Kumar an interim protection from the arrest was necessary.
Pai sought to look at the issue of founders raising questions as shareholder activism.
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.
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.
'The government has just scratched the tip of the surface with the recent announcement. They are not realising the gravity of the situation.'
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.
'It is a balanced and prudent Budget that sets the foundation for future growth in the economy.'
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.
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.
Vikram Kothari's Rotomac stares at a loan default of Rs 369 crore
His statement assumes significance in the light of scams in the state-owned banks.
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.
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
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).
The rally in the broader market also mirrored the positive trend seen in other Asian markets.
After a gap of four years, Indian Airlines has made a turnaround, posting a net post-tax profit of Rs 44.17 crore (Rs 441.7 million) in 2003-04 as against the net loss of Rs 196.6 crore (Rs 1.966 billion) the previous year.
Power equipment major Bharat Heavy Electricals on Monday announced an investment of upto Rs 1,000 crore (Rs 10 billion) in the next two years for expanding capacities to meet requirements of 11th and 12th five year plans.
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