Business
All should be allowed to bid in 2G auction: Bharti Airtel
Under a fair market mechanism, all players should be given equal opportunity to participate when a 2G auction takes place, leading telecom firm Bharti Airtel said on Wednesday.
"We are believers of t
Hit by Indian ops Telenor posts 1.93bn kroner loss for Oct-Dec
Norway-based telecom company Telenor ASA on Wednesday posted a loss of 1.93 billion Norwegian kroner (USD 335 million) for the October-December quarter, weighed down by hefty impairment losses related
ONGC Q3 net declines 5 pc due to high subsidy bill
State-owned explorer Oil & Natural Gas Corp (ONGC) on Wednesday reported a 5 per cent drop in its net profit in the quarter ended December 31 as a sharp rise in fuel subsidy output offset one-time gai
IT, ITeS to cross $100 bn mark,fears slowdown next FY: NASSCOM
India's IT and IT services sector will cross the USD 100 billion-mark this fiscal but the growth rate will slow down in the next fiscal as concerns over global economic situation and domestic policy i
I am losing sleep over rising subsidy bill: Pranab
Worried over the impact of rising expenditure on the fiscal deficit, Finance Minister Pranab Mukherjee on Wednesday said he is 'losing sleep' over skyrocketing subsidy bill which could exceed budget e
Japan electronic giants eye chip merger: Reports
Three of Japan's biggest electronics companies are to join forces in a chip-making venture, reports said on Wednesday, days after a swathe of dire results from a sector struggling to compete globally.
US CEO gives up $100mn payout
The ex-chief executive of drilling rig operator Nabors Industries gave up a $100 million departure payout after shareholder complaints of excessive pay, the company said on Monday.
Eugene Isenberg, s
Micron CEO dies in plane crash
Micron Technology's chairman and chief executive Steve Appleton died in a small-plane crash early on Friday, the company said.
Appleton, 51, head of the mid-sized chipmaker, was the only person in th
Airtel, Vodafone boosted by Supreme Court telecoms ruling
The Indian taxpayer may have lost billions of dollars as a result of the 2G telecoms scam. But the Indian consumer has been a great beneficiary.
Since the introduction of new players with cheap lice
SBI may cut interest rate to boost credit, bank official
Country's largest lender State Bank of India (SBI) is 'keen' to cut interest rates in order to boost credit expansion, a top bank official said on Wednesday.
"All sentiment is building towards i
