Business News

Last updated: Thursday, December 18, 2014 11:34:09 PM

TRAI issues guidelines to amend Telecom Tariff Order; consumers set to gain
New Delhi, July 23 (IANS) Deciphering complex tariff plans and hidden accrued charges applied by telcos may be a thing of the past if the guidelines issued by the Telecom Regulatory Authority of India (TRAI) Wednesday are implemented by the Department of Telecom (DoT).

Wednesday, July 23, 2008 9:03:35 PM

Reliance gas dispute case to be heard daily
Mumbai, July 23 (IANS) The Bombay High Court will hear on daily basis the dispute over gas supplies from the Krishna-Godavari basin between the Anil Ambani-led Reliance Natural Resources Ltd (RNRL) and Mukesh Ambani's Reliance Industries Ltd (RIL) from Thursday.

Wednesday, July 23, 2008 9:03:06 PM

Hong Kong company to generate power in Haryana
Chandigarh, July 23 (IANS) China Light and Power, a 107-year-old Hong Kong-based company, Wednesday tied up with the Haryana government - becoming the first independent power producer (IPP) in the state - to set up a coal-based power plant.

Wednesday, July 23, 2008 8:16:42 PM

Tender for 197 military helicopters to be floated Thursday
New Delhi, July 23 (IANS) India will invite bids for 197 utility helicopters for the army and the air force Thursday and the choppers are expected to be inducted by 2010, an official said. The deal has been valued at Rs.30 billion ($750 million).

Wednesday, July 23, 2008 7:52:01 PM

Equity infusion, soft loan likely for Air India
New Delhi, July 23 (IANS) The government may infuse equity and soft loans to support Air India's ambitious expansion plans, and believes this would bail the carrier out of its financial mess, a senior aviation ministry official said Wednesday.

Wednesday, July 23, 2008 7:47:25 PM

UnitedLex to raise $6 mn from venture funds for expansion
New Delhi, July 23 (IANS) The US-based legal outsourcing firm UnitedLex, which is planning a major expansion in India, announced Wednesday that it will raise $6 million from global venture capital majors Canaan Partners and Helion Venture Partners.

Wednesday, July 23, 2008 7:44:52 PM

Mahindra finance's profit up by 20 percent
Mumbai, July 23 (IANS) Mahindra & Mahindra Finance Services Ltd (MMFS) Wednesday announced a profit after tax of $6.69 million during the first quarter of 2008-09 compared to $5.36 million over the coresponding period last year, a growth of 20 percent.

Wednesday, July 23, 2008 7:42:05 PM

'N-deal will help India invest in uranium mining elsewhere'
Kalpakkam, July 23 (IANS) A day after Prime Minister Manmohan Singh's government won the parliamentary trust vote over the India-US nuclear deal, a top scientist said here Wednesday that the deal will enable India to invest in enrichment facilities and uranium mining in other countries.

Wednesday, July 23, 2008 7:26:54 PM

Gurgaon IT exports touch Rs.180 bn
Chandigarh, July 23 (IANS) IT and related services exports from north India's IT hub Gurgaon in Haryana touched the Rs.180 billion ($4.3 billion) mark in 2007-08.

Wednesday, July 23, 2008 7:18:30 PM

Blue Dart to hike rates once again
Kolkata, July 23 (IANS) Courier and integrated express package distribution company Blue Dart Express Ltd will hike rates of its air and ground services in August or September, a top company official said here Wednesday.

Wednesday, July 23, 2008 7:18:00 PM

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