India Telecom News, Telecom Industry News, Telecommunication Companies India

Standard Chartered Bank allotted $197.38mn
Barclays Capital allotted $155.18mn, DBS allotted $300mn
Reallocation as FIIs failed to invest allotted component
Reallocates $1.31bn to FIIs for corporate debt invst
CNX Midcap down 1.3%, Smallcap Index down 1.8%
BSE Advances at 30.24%, Declines at 66.77%
Govt wants to focus on construction sector
Govt may not give direct sops to auto sector
Steel duty cut may provide relief to auto sector
Govt may cut excise duty on steel and cement
Govt may rejig duty to help SMEs: Ashwini Kumar
Anti -dumping laws to be strengthened
HCL Technologies announces partnership with Xerox
Govt to increase focus on infra spending
Banks want realtors to cut prices or sell properties
Pressure on RBI to cut rates has somewhat eased
Outstanding bank credit on Nov 7 at Rs.27.12 lk cr: NW
Banks encouraged to use special refinance facility: RBI
Use special refinance to give loans to SMEs: RBI
Banks' total deposit grew 20.4% on year to Nov 7: NW
Banks' total credit grew 26.5% on year to Nov 7: NW
RBI to allocate upto $10bn from FX reserves to fund: Srcs
RBI may set up a special $ fund for infra cos: Sources
FIIs net sell $91.5mn in equity on Nov 18
Power Grid approves 3 investment proposals
Approves Rs.7031cr investment in Sasan project
MFs net sell Rs.45cr in equity on Nov 18
Nifty falls 135 pts from day's high; Down 1.8% at close
Sensex sheds earlier gains; Down 1.8% at close
CNX Midcaps down 1.3%, Smallcap Index down 1.8%

Updated: 29/10/08 | 01:14 PM IST

Telecom

Unitech sells 60% telecom stake to Telenor

Real estate major Unitech announced selling of 60 per cent stake in its telecom venture for Rs 6,120 crore (about 1.23 billion dollar) to Norway-based Telenor, which has mobile operations in 12 countries with 160 million subscribers.

Comments: Read (0) Post

CenturyTel to acquire Embarq for $5.8bn

Phone company CenturyTel Inc. will acquire larger peer Embarq Corp. in a deal valued at $5.8 billion, the companies said on Monday.

Comments: Read (0) Post

3G auction may hit another roadblock

The much-awaited auction of 3G spectrum may hit yet another roadblock with the Department of Telecom having no or very less radio frequency in nine circles-- including Delhi.

Comments: Read (0) Post

Tata Comm Q4 net profit dips 63%

Tata Communications (formerly known as VSNL) on Tuesday posted a net profit of Rs 58.86 crore for the quarter ended March 31, down 63 per cent as compared to a year earlier.

Comments: Read (0) Post

Blackberry controversy will be resolved within a month: Raja

The controversy over Blackberry will be finally over within a month. IT minister A Raja has told NDTV that the Indian security agencies can keep a tab on mails on the Blackberry.

Comments: Read (0) Post

Pages:

Global Crisis

No job cuts, but hiring to dip: Nasscom

The Indian IT industry will retain employees but will go slow on hiring this fiscal (2008-09) following declining growth rate, the organisation representing the industry said here on Wednesday.

More : US home construction sinks to new record low | Now, Chinese automakers seek state aid | CEOs want at least $300 bn stimulus from Obama

Market Watch

Graphs

Stocks