Sixteen top officials of the Uttar Pradesh Construction Corporation were suspended by the Samajwadi Party-led state government for their alleged involvement in the multi-crore scam in the construction of the Kanshi Ram Memorial during Bahujan Samaj Party leader Mayawati's regime. The suspended officials include four general managers and a dozen project managers of the Uttar Pradesh Nirman Nigam.
Bharat Sanchar Nigam Ltd will soon start negotiations with the Tata-controlled Videsh Sanchar Nigam Ltd to match the rates offered by other ILD operators like Data Access for routing its traffic.
State-run RITES provides engineering, consultancy and project management services in transport infrastructure sector under single roof.
The government is considering buying back shares of Mahanagar Telephone Nigam Ltd from the market as one of the options to pave the way for its merger with Bharat Sanchar Nigam, which is not listed on the bourses.
Steel Ministry is unwilling to sell shares at lower than the present book value of Rs 22.50 a share. Merchant bankers UBS Securities and Deutsche Equities (India) have proposed Rs 15-17 as the price band.
The government on Monday said it will kickstart its ambitious Rs 30,000 crore (Rs 300 billion) divestment programme with stake sale in RINL this month.
Bharat Sanchar Nigam Ltd has signed an agreement with Tatas-controlled Videsh Sanchar Nigam Ltd to use the latter's network for offering its international long distance services, a top BSNL official said on Thursday.
Internet users in Kashmir will be able to access social networking websites without any problem soon, a senior officer of the Bharat Sanchar Nigam Limited said on Thursday.
Internet users in Kashmir will be able to access social networking websites without any problem soon, a senior officer of the Bharat Sanchar Nigam Limited said on Thursday.
Mahanagar Telephone Nigam Ltd and Bharat Sanchar Nigam Ltd have entered into a strategic alliance, under which the two public-sector telecom companies will jointly offer their voice and data services.
State-owned Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd have submitted alternate basic (landline) telephony tariff plans, pegging the rates much below the ceiling rates announced by TRAI
Private basic operators increased their mobile subscriber base to 57.69 lakh (5.769 million) during November with Reliance alone accounting for 52.13 lakh (5.213 million) WLL subscribers.
Reliance Infocomm is once again giving incumbents Bharat Sanchar Nigam and Mahanagar Telephone Nigam Ltd a run for their money.
Railway Minister Nitish Kumar has said that negotiations are on with the telecom ministry for equity participation of MTNL and BSNL in RailTel Corp to improve telecom services in the Railways.
Work on BSNL, MTNL sell-off plans to begin
The death toll in last week's explosion at the Visakhapatnam Steel Plant (VSP) has gone up to 17, with one of the injured officials succumbing to injuries on Wednesday.
Preliminary work on submitting proposals for offloading government equity in 12 PSUs, including BSNL and MTNL, has begun.
RINL is in the process of adding steel-making capacity at its lone facility in Vizag through revamping its existing blast furnaces, converters, sinter plant and others to take its 2.9 mtpa existing capacity to 7.3 mtpa by 2014-15.
A MIG 27 aircraft crashed at Duria village in West Midnapore district of West Bengal, 40 kilometers from Kalaikunda airbase, early on Friday morning, District Magistrate N S Nigam told PTI.
''No lobbyists will be able to influence us. If that happens, you can censure me for dereliction,'' he said.
If the proposal gets Cabinet clearance, the disinvestment is likely to follow the initial public offering of Rashtriya Ispat Nigam Ltd, for which the prospectus has already been filed with the Securities and Exchange Board of India.
Real estate is a sector which generates second highest employment and contributes approximately 5% of the GDP of the country.
Although the industry is disappointed with the government decision not to lower spectrum prices at a time telcos are saddled with over Rs 4-trillion debt and an estimated Rs 1.43-trillion licence fee dues, the DCC has relaxed the payment structure to offer some relief to the financially stressed sector.
The veteran actress died on June 4 at the age of 79.
The central government has no plans of divesting stakes in public sector telecom firms - BSNL and MTNL - as the two were performing well in the competitive telecom sector.
The empowered group of ministers (EGoM) on telecom headed by Finance Minister P Chidambaram on Monday decided to impose a one-time fee on incumbent operators prospectively for spectrum beyond 4.4 MHz in GSM and 2.5 MHz in CDMA.
Bharat Sanchar Nigam Ltd on Wednesday said it would start international long distance services in February next year, for which it is likely to use Videsh Sanchar Nigam Ltd's infrastructure.
As many as 17.9 lakh (1.79 million) subscribers of Bharat Sanchar Nigam Ltd and 203,000 customers of Mahanagar Telephone Nigam Ltd surrendered landline telephones between April to October this year, Lok Sabha was informed on Wednesday.
The Mahanagar Telephone Nigam Ltd on Friday announced up to 25 per cent reduction in ISD (international subscriber dialling) rates for calls made to destinations like the United States, the Untied Kingdom and South East Asian countries.
Bharat Sanchar Nigam Ltd on Thursday announced a 25 per cent cut in ISD rates for calls to the United States, Australia, New Zealand, South East Asian countries, Gulf, Africa and SAARC nations.
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