Bharti Airtel to launch 4G services in B’lore soon April 10, 2012 18:41
Bengaluru is always a happening city—be it due to awesome climate or IT news. This garden city of our country is going to be the second city, which will enjoy 4G services soon. Yes, it’s…
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Rupee off highs on oil payment, choppy shares April 10, 2012 13:14
The rupee trimmed early gains on Tuesday as demand for dollars from oil importers picked up and choppy shares clouded the outlook for capital inflows. Traders were also cautious as they awaited a meeting between…
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Reliance Media in tie-up talks with Cinepolis: report April 09, 2012 18:24
Reliance MediaWorks , controlled by billionaire Anil Ambani, is in talks to sell stake in some of its movie theatres to Mexico's multiplex operator Cinepolis, the Business Standard newspaper reported on Monday. Cinepolis, the fourth…
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Aberdeen seeks $150 million in damages from Satyam; stock falls April 09, 2012 18:15
Shares of Mahindra Satyam Ltd came under pressure in early trade on Monday, after a group of investors led by Scottish investment house Aberdeen Asset Management have claimed damages from Mahindra Satyam. The charges were…
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Indian IT exports are at $69.7Billions April 07, 2012 17:28
Satyanarayana, secretary, department of electronics and IT has said that IT exports from our country touched over $69.7 billion during financial year 2011-12 in a press meet held in Hyderabad yesterday. When asked whether IT…
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Gold futures down on Weak global cues April 06, 2012 16:01
Gold futures prices on Wednesday fell by 0.57 per cent to Rs 28,282 per 10 gm as speculators offloaded positions amid a weak trend in global markets. Besides, absence of positive triggers from major domestic…
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Mumbai to rely on Reliance Power and First Solar CdTe project April 04, 2012 16:44
The firm's cadmium telluride modules at the plant in Rajasthan, are expected to satisfy the annual electricity needs of more than 70,000 average Indian households First Solar has announced the commissioning of a 40 MW…
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ASSOCHAM urges RBI to relax monetary policy April 04, 2012 13:16
To check online frauds, Dhoot called for implementation of digital signature enabled techniques as stipulated in the monetary policy statement for 2011-12. At the same time, the reforms process needs to be speeded up and…
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BHEL sees flat sales growth in FY13 April 03, 2012 18:00
Bharat Heavy Electricals , India's biggest power equipment maker, expects flat growth in sales in the new fiscal year that began on April 1 because of uncertainties plaguing power producers, company officials said. Shortages of…
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RBI asks banks to improve NPA management March 30, 2012 12:39
The country's largest lender SBI had reported record gross NPAs in Q3 at Rs 40,080 crore and saw an 87.5% spike in its provisioning. But private lenders are better off. The total NPAs in the…
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Hyd GVK bags Asia prestigious award March 30, 2012 11:52
GVK the prominent name in infrastructure, power, roads and of course the prestigious Shamshabad Airport in Hyderabad, has another feather in its cap. GVK group bags the prestigious awards as ‘Asia Deal of the year‘and…
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India to become world's largest economy in 2050: Study March 29, 2012 13:07
China will overtake the US to become the world's largest economy by 2020, which, in turn, will be overtaken by India in 2050. Going only by GDP growth, nine of the top 10 cities in…
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