India`s bandwidth auctions for third generation (3G) mobile telephone services will be held in February after being pushed back from their original date, an official said Thursday.
The services sector continues to remain the favourite destination for foreign investors as it attracted USD 3.12 billion FDI in the first seven months of 2009-10
Markets on rebound path:
A sense of optimism prevailed at the market as the sensex closed the day on a positive note with a again of 121 points on the final day of trading in 2009 and closed the year with a gain
Asia stocks rose on Thursday, racking up a 68 percent gain for the year, as a jump in US consumer confidence reinforced views that the world`s largest economy is gradually recovering.
The capital markets regulator— SEBI has written to the insurance regulator- IRDA saying that Unit Linked Insurance Plans (Ulips) are actually mutual funds and should be regulated by SEBI.
In a major boost to India`s Sun Pharma, which is locked in a takeover battle with Taro, shareholders of the Israeli drug firm today rejected a proposal to re-elect directors.
The US Treasury Department will provide an additional aid of $3.8 billion (around Rs 17,670 crore) to GMAC Financial Services and boost its stake in the troubled consumer finance firm to 56 ...
Reducing jet fuel prices for the third consecutive fortnight, state-run oil companies today cut rates by 1.6 per cent, a move that will ease burden on cash-strapped airlines.
The state-run Rural Electrification Corporation (REC), which finances rural power projects in the country, is keen to pick up 26 per cent stake in coal mines and merchant power plants.
The fiscal deficit rose by 73 per cent to Rs 3.06 lakh crore in the first eight months of the fiscal against Rs 1.77 lakh crore a year ago, as the government cut taxes and stepped up expendi...
Rajinder Pal Singh, 1976 batch IAS officer of Andhra Pradesh cadre, is the the new secretary in the Department of Industrial Policy and Promotion (DIPP).
At the behest of the central government, Exim Bank of India has extended a $30 million Line of Credit (LOC) to government of Cote d`lvoire, a West African country, for financing an electricity...