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There could have been irregularities in the grant of telecoms licences and spectrum in India in 2008, the telecoms minister said on Friday, a scandal that has forced the government on the backfoot and virtually stalled policymaking.
India is trying to persuade Pakistan to resume full exports of onions, foreign minister S M Krishna said on Friday, as food inflation weighs on Asia's third-largest economy and fuels anger against the ruling coalition.
News organizations had the most influence on the top Twitter topics in 2010 but some celebrities were not far behind, according to new research.
South Korea's LG Electronics Inc aims to more than double smartphone shipments this year and will focus on expanding premium products to catch up with bigger rivals, an executive said on Thursday.
India's ruling Congress party is losing voter support and would lose over 40 seats if an election were called tomorrow as billion dollar scams and corruption allegations take their toll, a poll showed.
Multiplex chain Inox Leisure Ltd said on Friday it had acquired 1,075 shares in rival Fame India in its open offer.
Samsung Electronics is banking on surging smartphone sales and a recovery in its memory chip business to help it rebound from a fourth-quarter profit dip, while slugging it out with global rivals to sell a new generation of TVs.
Sony Corp aims to slide in behind Apple Inc as the world's second-largest maker of tablet devices by 2012, a senior executive said on Thursday, adding that a PlayStation phone was also a potential opportunity.
The 2010 drama "The Kids Are All Right" featured two teens raised by a lesbian couple who decide to contact their biological father -- an experience that is unlikely to leave scars in real life, two studies said.
A US judge on Thursday dismissed a lawsuit accusing "Harry Potter" author JK Rowling with copying the work of another author when writing "Harry Potter and the Goblet of Fire."
Asia's powerhouse economies are turning cautious on national plans to price emissions and instead pursuing incremental steps that could delay a global carbon offset market.
Chinese securities regulator on Friday approved the joint ventures of JP Morgan Chase & Co and Morgan Stanley, bringing the banks a step closer toward operating securities businesses in China that they, and other banks, have long sought.
Fortis Malar Hospitals has taken over the operations and management of the 100 bedded East Coast Hospitals in Pondicherry.
Chemfab Alkalis has its meeting on January 31, 2011 to consider scheme of demerger between Chemfab Alkalies, Titanium Equipment, Anode Manufacturing.
KRChoksey is bullish on Elder Pharma and has recommended buy rating on the stock with a target of Rs 454 in its January 7, 2011 research report.
KRChoksey has come out with its earning estimates on power & capital goods sector for the quarter ended December 2010. According to the research firm, EMCO December quarter sales are expected to go up by 44% to Rs 299 crore, Year-on-Year, (Y-o-Y) basis.
KRChoksey has come out with its earning estimates on power & capital goods sector for the quarter ended December 2010. According to the research firm, Adani Power December quarter sales are expected to go up by 132% to Rs 542 crore, Year-on-Year, (Y-o-Y) basis.
Test prep firms seem to be scoring a perfect ten with investors. FIITJEE, an IIT test preparatory firm, is raising its next round of Rs 400 crore in private equity, in a possible deal that values the firm at Rs 2,000 crore, sources with direct knowledge of the deal told VCCircle.
KRChoksey has come out with its earning estimates on power & capital goods sector for the quarter ended December 2010. According to the research firm, Crompton Greaves December quarter sales are expected to go up by 15% to Rs 2578 crore, Year-on-Year, (Y-o-Y) basis.
SEBI has issued a public notice on the ongoing Sahara case as per the oral directions given by the Supreme Court. The market regulator has warned investors that Sahara has not filed any offer document nor has complied with SEBI with respect to filing of DRHP which has not be vetted by SEBI.
New Silk Route, a leading private equity firm with USD 1.4 bn of assets under management, has invested up to USD 25 mn in Hyderabad-based Sri Chaitanya Educational Group, which claims to be the country's largest network of private schools and junior colleges, at least two persons familiar with the development said.
Viceroy Hotels has its Board of Directors meeting on January 12, 2011 to consider slump sale of the Bangalore Project Division.
Boston-based TA Associates, one of the largest and most experienced middle market private equity firms, has announced the elevation of Naveen Wadhera as Principal along with the elevation of other five executives worldwide.
Networth Stock Broking is bullish on Jyoti Structures and has recommended buy rating on the stock with a target of Rs 162 in its January 7, 2011 research report.
91-day Treasury Bills auction : Rs.4,000 crore under regular auction
