State-run telecom major Bharat Sanchar Nigam Ltd (BSNL) will invest Rs.20 billion to set up its broadband infrastructure to proliferate in urban and rural areas across India.
"BSNL has an ambitious plan to proliferate broadband in both urban and... More |
|
| |
A key Democratic lawmaker Thursday criticised the Bush administration for reducing the US aid to India by $50 million calling it a "horrible signal to send to hopefully a newly-trusting ally".
"We have entered a historic era of cooperation... More |
|
| |
Irked by the hike in export duties, China's second largest iron ore importer Sinosteel Corporation has halted imports from India.
The company made the announcement a week after India imposed a levy of Rs 300 ($7) per tonne of iron ore exported... More |
|
| |
 | The Delhi High Court held Monday that a hotel or restaurant could charge more than the maximum retail price (MRP) for a bottle of mineral water from a consumer.
Justice Vikramajit Sen said: "Charging prices for mineral water in excess of the MRP... More |
|
| |
 | Delhi has got more money from the Planning Commission than it bargained for - and spending that unexpected bounty of Rs. 18 billion (Rs.180 crores) could be a "challenge", says Chief Minister Sheila Dikshit.
Dikshit admitted after meeting... More |
|
| |
 | Indian IT major Cognizant Technology Solutions Corporation rang the NASDAQ opening bell at 9.30 a.m. (8 p.m. IST) Monday simultaneously in Chennai and New York, commemorating "India's emergence as a global leader in the IT and BPO... More |
|
| |
 | Canara Bank, Oriental Bank of Commerce (OBC), and HSBC Insurance (Asia-Pacific) Holdings Limited Monday signed a non-binding Memorandum of Understanding to jointly establish a life insurance company in India.
"The new company will have... More |
|
| |
 | Indian equities lost ground during the first few hours of trading Monday, with a key index falling 4.2 percent to a five-month low because of an overall global meltdown.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE),... More |
|
| |
 | After being forced to shut down for over two months, Coca-Cola finally had a reprieve in Nepal, re-opening its factories after an undisclosed pact with the Maoists.
Bottlers Nepal, the sole bottler of Coke products in the country, had been... More |
|
| |
 | India's leading steel-maker Essar Steel has won the prospecting licence for Chhattisgarh's Bailadila deposits, which has one of the world's finest quality iron ore stocks. This happened after a state-run firm's lease expired unutilised.
The... More |
|
| |
