PAC seeks details from Telecom Min on charges against Trai
The NGO Telecom Watchdog, a co-petitioner in 2G spectrum case before the CAG, has on September 11 written to CAG and also marked the same to some Members of Parliament. The NGO has alleged that the govt is misusing immunity given to TRAI to pass on benefits worth Rs 1 lakh crore to incumbent players.
Don't have power to monitor NSEL e-series: FMC
FMC tried justifying the inaction prior to the notification arguing that NSEL was not recognised under the Forward Contracts Regulation Act, nor was it registered with the FMC and hence was beyond the scope of FMC's regulation.
Euro drops from near 2-year high vs USD; Wall St up
The euro's decline was not dramatic, however. It stayed not far from a near two-year high touched earlier against a weak dollar
Developers explore funding avenues as PE‘s ashore
With weakening customer interest, tall stack of unsold inventories and shrinking funds coming in, 2013 has not been kind to the Indian real estate space.
One more FTIL director resigns
The company has appointed retired IAS officer A Nagarajan as additional director (non-executive and independent) on the board of the company.
Forex reserves jump USD 1.9 bn to USD 281 bn
In the previous reporting week, the reserves had increased by USD 1.51 billion to USD 279.24 billion.
Shriram EPC board approves Rs 300cr preference share issue
Shriram EPC said it would issue three crore cumulative redeemable preference shares of a face value of Rs 100 each in one or more tranches for an aggregate subscription price of Rs 300 crore.
India is one of five fragile economies: US economist
Collyns said India is one of the five fragile economies of the world. The other four being Brazil, Indonesia, Turkey and South Africa
Radia tapes leaked due to corporate rivalry: Tata to SC
Senior advocate Harish Salve, appearing for Tata, told an apex court bench that Tata Telecommunication itself gets around 10,000 to 15,100 requests from the government every year for interception of calls and questioned the Centre for not finding out who leaked the tapped conversation.
IMG panel reviews performance of 14 coal blocks
The panel had on Wednesday reviewed the progress of 17 mines and recommended that show-cause notices be issued to some of the companies for delays in developing them.
HUL Q2 PAT may dip 3.9% at Rs 774.2 cr: Prabhudas Lilladher
According to Prabhudas Lilladher, Hindustan Unilever (HUL) may report a 12.5 percent degrowth quarter-on-quarter (down 3.9 percent Y-o-Y) in net profit at Rs 774.2 crore.
HUL Q2 net may rise 8% at Rs 870 cr: KR Choksey
According to KR Choksey, Hindustan Unilever (HUL) may report a 14 percent degrowth quarter-on-quarter (up 8 percent Y-o-Y) in net profit at Rs 870 crore.
Hindustan Unilever Q2 PAT seen up 7.1% at Rs 862.8 cr: MOST
According to Motilal Oswal, Hindustan Unilever (HUL) to report a 2.5 percent degrowth quarter-on-quarter (up 7.1 percent Y-o-Y) in net profit at Rs 862.8 crore.
Forex - GBP/USD remains moderately lower, Fed in focus
Forex - GBP/USD remains moderately lower, Fed in focus
U.S. Wholesale Inventories rises more-than-expected
U.S. Wholesale Inventories rises more-than-expected
Sebi orders a/c attachment to recover Rs 1520cr from CIS co
Sebi has asked eight banks, including both public and private sector entities, to attach at least 51 accounts held by MPS Greenery with them, as also other accounts that the defaulter entity may have with those banks.
U.S. stocks open higher, eyes on UoM report; Dow Jones up 0.20%
U.S. stocks open higher, eyes on UoM report; Dow Jones up 0.20%
Colgate Q2 net dips 24% at Rs 109cr
Net sales of the company, however, rose to Rs 895.69 crore for the second quarter, as compared to Rs 773.77 crore during the same period of previous financial year.
HSBC says Rajan to up repo rate by 0.25%
Headline inflation climbed up to a seven month high of 6.46 percent in September but the industrial activity remains subdued, while GDP grew at a four-year low of 4.4 percent on Q1.
Asset quality and NIMs have improved this quarter: IOB
The bank‘s net interest margin (NIM) on the domestic front has improved from 2.30 percent to more than 2.48 percent.
GAIL sells part of stake in China Gas Holdings for Rs 385cr
The board of GAIL had accorded approval to partially divest its equity stake in China Gas for recoupment of entire initial investment, while retaining the strategic advantage as envisaged at the time of initial investment.
Mexican trade balance rises unexpectedly
Mexican trade balance rises unexpectedly
Tata SIA Airlines flights likely by May-June
Maintaining that the entry of Tata-SIA Airlines would benefit the Indian aviation sector, Civil Aviation Minister Ajit Singh said SIA was globally known for its expertise in technical and managerial matters and was one of the best airlines in the world.
Parakh was an upright officer: ex-Cabinet Secretary
Chaturvedi, now a member of Planning Commission, told reporters today,"I consider Parakh a very upright officer." On the letter written by Parakh, Chaturvedi said there were complaints against him and he was asked to offer his comments.
U.S. durable goods orders rise more-than-expected
U.S. durable goods orders rise more-than-expected
