JPC to call former Telecom Ministers from 1998 in 2G case
The Joint Parliamentary Committee (JPC) examining telecom policies in the wake of the 2G scam on Tuesday decided to call all former Telecom Ministers since 1998, including A Raja to depose before it.
Citibank's Sanjeeb Chaudhuri joins StanChart at senior post
Leading foreign lender Standard Chartered on Tuesday announced the appointment of Sanjeeb Chaudhuri as Regional Head of South Asia for Consumer Banking and also as Group Chief Marketing Officer for Consumer Banking.
Sodexo India eyes tier-I, II cities for expansion
Food and facilities management business company Sodexo India is all geared up to strengthen its presence in tier-I and II cities to achieve its 2015 global target of doubling revenue and tripling profitability, a top executive said on Tuesday.
SMEs must leverage on cloud computing, mobile app platforms
Industry body National Association of Software and Service Companies (Nasscom) on Tuesday said that small and medium sized companies need to leverage on sectors like cloud computing and mobile application platforms.
Tata Global to sell about 20% in international operations
Tata Global Beverages, the world's second-biggest tea group, is talking to several investors to invest in the company's businesses, the company told Reuters on Tuesday.
'No decision on swapping clause for renewed MoU with Posco'
Put in a fix over controversial iron ore swapping clause in the lapsed MoU with Posco-India, Orissa government on Tuesday asked different departments to give their views within 15 days on possible deletion and addition of new points in the renewed MoU with the South Korean firm.
HC to declare order on Kani, Sharad's bail on June 8
The Delhi High Court is likely to pronounce its orders on the bail pleas of DMK MP Kanimozhi and Kalaignar TV MD Sharad Kumar on June 8, accused in 2G spectrum allocation scam case.
India approves 16 FDI proposals worth USD 207m
The government on Tuesday said it has cleared 16 foreign direct investment (FDI) proposals amounting to Rs 923.55 crore, including those of Star News Broadcasting Ltd and L&T Finance Holdings.
HSBC agrees $62.5m Madoff lawsuit settlement
HSBC said it agreed to pay USD 62.5 million to settle a class action brought against it in the United States over its role in providing administrative services to a fund which placed cash with Wall Street swindler Bernard Madoff.
Wall St rises after selloff, investors cautious
Wall Street rose on Tuesday, a day after the S&P 500 hit its lowest level in over two months taking out important technical levels as investors grew more bearish on the economy, but analysts said a recent downtrend was likely to remain in place.
SC to decide on ONGC's $125 m pipeline bid row in July
The Supreme Court would start its final hearing on the USD 125 million ONGC contract for laying offshore pipelines along the country's west coast in the first week of July.
ARSS Infrastructure bags 2 orders worth Rs 207.46 cr
ARSS Infrastructure Projects Limited, with a focus on construction of railway infrastructure, roads, highways & bridges has bagged two new work orders.
China-Russia set for 'unprecedented' gas deal
From K J M Varma Beijing, Jun 7 (PTI) China and Russia are in the final stages of negotiations to ink an "unprecedented" gas deal, ahead of a crucial visit of Chinese President Hu Jintao to Moscow next week.
Lancor Holdings to consider dividend
Lancor Holdings has its Board of Directors meeting on June 10, 2011 to consider dividend.
Kilpest India declares dividend at Re 1 per share
Kilpest India at its meeting held on May 31, 2011 has declared dividend at Re 1 per share of Rs 10 each.
Euro ticks up, Aussie firm ahead of central bank meet
The euro ticked up in Asia on Tuesday, steadying from a slide after the Eurogroup chairman said the common currency was overvalued, while the Australian dollar held firm ahead of a central bank meeting despite expectations that it will keep interest rates steady.
Gokul Refoils to consider dividend
Gokul Refoils has its Board of Directors meeting on June 15, 2011 to consider dividend.
FT launches web-based app to work on all tablets
The Financial Times is launching a new, Web-based version of its mobile app, the first of its kind by a major publisher, that will allow it to adapt quickly to new tablet PCs and reduce its dependence on Apple Inc.
Toshiba, Sony plan to merge small LCD panel units: Sources
Toshiba Corp and Sony Corp are in talks to combine their units that make small and mid-size LCD panels for smartphones and tablet computers, and may sell a stake in the new entity to the Japanese government for about USD 1.2 billion, sources said.
Airlines wary of hedging despite oil price risk
Bruised by wild swings in oil prices in 2008, global airlines may be less inclined to ramp up hedging for fuel purchases this year despite the risk of facing billions of dollars in additional fuel bills.
Global Hospital to open branch in Mumbai
The corportate Global Hospital will be opening its fourth hospital in the country at Mumbai within two months.
Gold steady; buyers await prices fall
India gold was steady on Tuesday afternoon as support from the overseas market was offset by a firm rupee locally, with traders waiting for falls amid a seasonally lean demand period, dealers said.
Disney to cut 200 studio jobs: Source
Walt Disney Co will cut about 200 positions at its movie studio unit, according to a person familiar with the matter, as it reduces its focus on home entertainment distribution of DVDs.
Adani eyes 32% share in power sector by 2020
Adani Enterprises will have a combined power generation capacity to the tune of 18,500 MW by year 2020 and control 32% share in overall power produce in the country, a top company official said.
Ramky Infra bags orders worth Rs 582 crore
Ramky Infrastructure, an integrated infrastructure, construction and development management company, today said it has bagged work orders worth Rs 582.15 crore covering industrial, water and wastewater and building verticals from different parts of the country.
