Aiming to revive its loss-making long-product business in Europe, Tata Steel on Friday said it plans to invest 400 million over five years, shut or mothball parts of Scunthrope plant and slash 1,500 jobs in England.
This is slated to improve telephony service penetration in the country due to increased affordability and could be a precursor for similar moves for other value added services.
Close on the heels of BSNL slashing its international tariffs, state-owned MTNL on Wednesday announced a 40 per cent reduction in ISD rates to the United States and Europe for a month, as part of a festive offer.
'We now look at divestment as an opportunity for maximising the value of public assets, not necessarily as a short-term resource-raising measure.'
Under the landline services, STD rates have been reduced from Rs 2.40 to 1.20 paise per minute to all networks in general and 'sulabh' plan. "The intra-circle call charges, to BSNL network and inter circle call charges to all the networks, has also been reduced by 50 per cent," BSNL CMD Kuldeep Goyal said.
AirTel on Tuesday announced new mobile tariffs for post-paid subscribers, slashing local tariff on AirTel-to-AirTel network to Re 1.
Oil companies have slashed Aviation Turbine Fuel (ATF) prices by Rs 2,221 per kilo litre with effect from midnight on Wednesday.
In a big bonanza to telecom customers, state-owned Bharat Sanchar Nigam Ltd on Monday announced a massive up to 47 per cent cut in domestic long distance rates on fixed line phones beyond 500 km.
Love them, hate them but the Oscars have a way of sneaking up on you.
The government on Friday slashed the import tariff value on gold to $398 per ten grams while raising it marginally on silver to $643 per kg in line with global trends.
The Bharat Sanchar Nigam Ltd on Monday slashed international long distance tariffs by up to 70 per cent on account of the festive season, beginning October 21 mid-night to November 21.
The Centre expects cooperation from the state governments to slash the surcharge and taxation on aviation fuel to control its prices, a senior Civil Aviation Ministry official said in New Delhi on Thursday.
Citing the massive surge in Omicron infections and the resultant impact on overall economic activities in the March quarter, Swiss brokerage UBS Securities has revised downwards its India's growth forecast for the current financial year to 9.1 per cent from 9.5 per cent earlier. However, UBS Securities does not see the third wave impact extending to the next financial year as it has revised upwards its real GDP forecast to 8.2 per cent, up from 7.7 per cent earlier, expecting the real GDP growth to remain well above the historical average. The World Bank pegs it at 8.3 per cent, unchanged from its June assessment, saying the recovery is not broad-based yet.
There were many contenders on Sunday for the best batter's prize: Salt, Jacks, Iyer, Patidar, Karn Sharma...
Michael Enright, 21, was charged with second-degree attempted murder as a hate crime, second-degree assault as a hate crime, criminal possession of a weapon as a hate crime and aggravated harassment.
The company has launched a new card, the India One Pre-paid, under which users can make STD calls at a flat rate of Re 1 per minute. SMSes to any destination in the country would also be charged at a flat rate of Re 1 per message, BPL Mobile director and CEO S Subramaniam told Business Standard in an interview.
The multilateral agency had earlier projected that the world economy would expand by 3.6 per cent this year.
Bharat Sanchar Nigam Ltd and Mahanagar Telecom Nigam Ltd on Tuesday cut STD rates to lower the mobile-to-mobile call charges from a peak of Rs 9 a minute to Rs 4.80 a minute.
Empty stands not good advertisement for cricket's greatest rivalry
The company will cut an entire shift from July this year at the AutoAlliance International plant in Flat Rock, Michigan.
The base rate, or the minimum lending rate, of HDFC Bank will become 9.8 per cent from the existing 10 per cent, sources said.
India's first fibre-based amplifier that promises to slash cable TV, telephone and Internet bills significantly with wider network coverage and super-fast connectivity would soon be commercially launched by a Cochin-based firm. \n
From CSK: Jadeja, Gaikwad, Mitchell shone. From PBKS: Prabhsimran and Shashank.
The bookings under the 'Super Summer Sale' offer will remain open till Wednesday mid-night.
India, the world's biggest consumer of gold, imported 967 tonnes of gold in 2011.
The independent group of scientists and communicators previously said that winters are quickly transitioning into summer-like conditions in north India, shortening the spring season.
The reshaping programme has been announced to combine and streamline group's three global research and development operations into one Unilever R&D organisation to improve efficiency, a company statement said.
The report published online said the redundancies, which are being announced to staff today, would affect all areas of the country, hitting employees in back office units that service HSBC's retail and small business customers. The current layoffs are in addition to the "500 redundancies signalled in December", it added.
Networking technologies major Cisco plans to slash 6,500 jobs, about 9 per cent of its global workforce, as part of an operational revamp to boost profitability.
Mohammed Siraj's 6/15 is the third best bowling figures by an Indian bowler in South Africa.
BlackBerry had launched Z10 and a Qwerty device Q5, powered by its latest BB10 operating system, with a lot of fanfare.
Images from the WPL 2024 match between Delhi Capitals and Gujarat Giants at the M Chinnaswamy Stadium in Bengaluru on Sunday.
The revised prices enhances the accessibility of these outstanding products, which offer segment-first safety features and class-leading technologies
Images from Day 3 of the Ranji Trophy final played between Mumbai and Vidarbha at the Wankhede in Mumbai, on Tuesday.
