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TELECOMMUNICATIONS
Spectrum payment norms for cellular operators may be eased
The DoT move will bring spectrum payment in line with the payment of licence fees. More

STOCKS
Mphasis BFL: Reject
MphasiS BFL shareholders can avoid tendering to the voluntary conditional open offer being made by TH Holdings, Mauritius, along with Electronic Data Systems (EDS). The offer is conditional on EDS acquiring a 51.72 per cent equity stake in ... More

GTL: Reject
Despite weak financials, the medium-term potential may improve considering an extensive business restructuring being put through by the management. More

FINANCIAL PERFORMANCE
Ramco Systems trims quarterly net loss
Ramco Systems Ltd reported lower net loss of Rs 3.82 crore for the quarter ended March 31, 2006 compared to a net loss of Rs 30.03 crore for the corresponding quarter previous year. This was because in the corresponding quarter of previous year ... More

HUMAN RESOURCES
IT industry lauds US Senate nod to immigration Bill
Provision to hike H-1B visas to 1,15,000 More

MERGERS & ACQUISITIONS
Gemini Comm acquires PointRed
Gemini Communication Ltd, the Chennai-based provider of information technology solution, has acquired PointRed Technologies, a $1.5 million (Rs 6.7 crore) Silicon Valley-based broadband wireless access product company. Talking to presspersons, ... More

Top Stories
Spectrum payment norms for cellular operators may be eased

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