Business News
TRAI seeks views on spectrum for short-range communication
New Delhi, Dec 26 (IANS) The Telecom Regulatory Authority of India (TRAI) Monday floated a consultation paper seeking views from industry on spectrum allocation for short-range communication technologies for residential and enterprise intra-telecommunication requirements.
... More Core industries growth rebounds to 6.8 percent
New Delhi, Dec 26 (IANS) India's core industries grew 6.8 percent in November, compared to just 0.3 percent in October, raising hopes of a rebound in overall factory output, official data showed Monday.
In November 2010, the core industries growth was 3.7 ... More India, Japan likely to ink currency swap accord
New Delhi, Dec 26 (IANS) India and Japan Wednesday are likely to ink a multi-billion dollar bilateral currency swap agreement that could help New Delhi stem the rupee's fall.
The accord is expected to be signed after official talks between Prime Minister ... More Tata Power appoints Cyrus Mistry as additional director
Mumbai, Dec 26 (IANS) Cyrus P. Mistry, who is scheduled to take over the reins of thye $71 billion Tata Group from December 2012, has been appointed an additional director of Tata Power, the company said Monday.
'Cyrus P. Mistry has been appointed as an ad... More 2G: Sanjay Chandra withdraws plea to go abroad
New Delhi, Dec 26 (IANS) Unitech's Sanjay Chandra, an accused in the 2G spectrum allocation case who got bail Nov 23, Monday withdrew his application from the Delhi High Court for permission to go to Singapore for treatment of his diabetic nine-year-old son.
... More Havells' China joint venture to make green lighting goods
Mumbai, Dec 26 (IANS) Havells India Monday said it has entered into a joint venture with China-based Shanghai Yaming Lighting to produce energy efficient and green lighting goods for global markets.
This 50:50 venture, called Jiangsu Havells Sylvania Ligh... More Samsung to acquire Sony stake in LCD joint venture
New Delhi, Dec 26 (IANS) South Korean Samsung Electronics will buy Japanese Sony Corporation's stake in their joint liquid crystal display (LCD) venture for 1.08 trillion won ($939 million).
The two companies have signed an agreement to this effect that wo... More Sensex climbs 230 points; technology, realty stocks rise
Mumbai, Dec 26 (IANS) A benchmark index for Indian equities climbed 232 points Monday, led by good buying support in technology, auto, realty and metal stocks amid positive global cues.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BS... More 2G: Sanjay Chandra withdraws plea to go abroad
New Delhi, Dec 26 (IANS) Unitech's Sanjay Chandra, an accused in the 2G spectrum allocation case who got bail Nov 23, Monday withdrew his application from the Delhi High Court for permission to go to Singapore for treatment of his diabetic nine-year-old son.
... More Combat jet order: India to announce winner early in 2012
New Delhi, Dec 26 (IANS) The government is all set to announce the winner of the Indian Air Force (IAF) competition for 126-plus combat jets early in 2012.
Authoritative sources told India Strategic defence magazine (www.indiastrategic.in) that the process... More |
