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DoT, VSNL patch up -- Panel to decide on Tata Tele investment
THE 13-day-long spat between the Communications Minister, Mr. Pramod Mahajan, and Videsh Sanchar Nigam Ltd. (VSNL) has finally ended, with a compromise reached between both the sides on reviewing the decision to invest Rs 1,200 crore in Tata ...
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Delay in reporting threshold limit in L&T -- SEBI finds RIL guilty; levies Rs 4.75-lakh penalty
THE Securities and Exchange Board of India (SEBI) has found Reliance Industries Ltd (RIL) guilty of delay in reporting its crossing the threshold limits of 5 per cent and 10 per cent shareholding in Larsen & Toubro Ltd. On account of RIL's ...
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Wipro `free' of border tensions
THE recent Indo-Pak tensions have not impacted Wipro's order book adversely as there have been no cancellations of existing contracts, according to Mr Azim Premji, Chairman, Wipro Ltd. "Tensions across the border have not had an adverse impact ...
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BPL steps out of race for SCI
THE TPG Nambiar-promoted BPL Group has pulled out from the race for 51 per cent stake in Shipping Corporation of India (SCI). BPL, which conducted technical due diligence, did not place the financial bid. BPL, which is in the midst of debt ...
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