MTNL, BSNL synergy process begins HSBC, E&Y among 13 shortlisted for the exercise
THE Department of Telecom today invited expressions of interest from merchant bankers and consulting firms to advice the Government on finding the best option for synergising the strengths of Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam ...
Textile exporters see order books swelling
With the last set of quotas on global clothing trade expiring this December 31, the order book for most large exporters during the month has shot up 25-30 per cent, with foreign clients pre-booking capacities for orders that have delivery dates ...
Delhi-Mumbai calls to cost Rs 1.90 a minute
The Mahanagar Telephone Nigam Ltd has reduced STD rates between the two cities to Rs 1.90 a minute from Rs 2.40. The move will benefit five million fixed line users of the State-owned company. STD traffic between Delhi and Mumbai is among the ...
Cricket telecast: SAB TV files intervention application
SAB TV, a general entertainment channel, today filed an intervention application in the ESPN-Star Sports petition against the Board of Control for Cricket in India (BCCI) in the Bombay High Court today. Senior advocate and former Union ...
Bharti group forays into agri-biz Floats 50:50 joint venture with Rothschild group firm
FieldFresh will source fresh fruits and vegetables through the contract-farming route from Punjab, J&K, Himachal Pradesh, Uttaranchal, Haryana and U.P.
Federal Bank AGM likely to be stormy
THE annual general meeting of Federal Bank on September 27 is expected to witness a keen tussle among several contenders for the three seats falling vacant on the board of directors. A new group, representing the interests of the bank ...
Now, French Consulate to outsource visa services
COME October, the French Consulate will join a host of foreign consulates in outsourcing a portion of its visa services to Visa Facilitation Services (VFS), a wholly owned subsidiary of Kuoni Travel Group, India. Essentially, the business ...
Recovery may be in jeopardy: NCAER
THE National Council of Applied Economic Research (NCAER) has contended that the United Progressive Alliance Government is in a difficult situation with what it views as "the return of the inflation dragon" in recent ...
Monsoon entering withdrawal phase
DEVELOPMENT of a weak El Nino condition in the tropical Pacific is apparently forcing the Indian summer monsoon onto the `retreat' mode. "Yes, monsoon will soon start withdrawing from northwest India," says Dr M. Rajeevan, ...
Dispute over standby charges HC tells Reliance Energy, Tata Power to talk it over
THE Bombay High Court on Thursday directed top managements of Tata Power Company (TPC) and Reliance Energy Ltd (REL) to sit together and work out a mutually acceptable solution on their standby charges dispute. The High Court has given the ...
Sensex rebounds; steel stocks forge ahead
AFTER the marginal decline it posted on Wednesday, the BSE Sensex smartly rebounded on Thursday, gaining 57.59 points to end at 5477.68. The upmove resulted in the benchmark index moving to a level not attained since May 10 this year. Stocks ...
Priyamvada Birla will case It's a tussle between public charity and personal gain: Counsel
THE legal tussle over the will of the late Priyamvada Birla reached its second stage at the Calcutta High Court when senior advocate and former Union Minister, Mr Arun Jaitley, said that it was not a Birla-Lodha battle as described by the media ...
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