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Monday, Nov 23, 2009
 
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3G auctions to be on schedule, says EGoM20-NOV-09
Uncertainty over auctions of 3G or third generation telecom services ended today, with the empowered group of ministers (EGoM) deciding to stick to the January 14 date with a slight modification.
Vavasi to approach BSNL, MTNL for due diligence of Zain18-NOV-09
Vavasi group, a city-based firm with diverisifed interests, today said it would approach government-owned Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) to join in doing due diligence of Kuwait's Zain Telecom.
BSNL, Vavasi talks for Zain buy fall through18-NOV-09
State-owned Bharat Sanchar Nigam Ltd (BSNL) is likely to exit the consortium comprising Delhi-based Vavasi Group and Malaysia's Al-Bukhary to acquire 46 per cent in Kuwait’s Zain Telecom.
RIL to expand petrochemical complex by 2 MT17-NOV-09
Mukesh Ambani-run Reliance Industries (RIL) today said it will expand its Jamnagar petrochemical complex by adding 2 million tonnes (MT) per year of olefins and matching downstream capacities.
US market ends firm; MTNL ADR up 3%17-NOV-09
US markets advanced on Monday, sending indexes to fresh 13-month closing highs, after Federal Reserve Chairman Ben Bernanke reinforced expectations that interest rates would stay low to help growth.
MTNL hopes to add 2 million broadband connections by 201014-NOV-09
“We expect to reach the target of providing 2 million broadband connections by 2010,” MTNL’s CMD, R S P Sinha told reporters here. Another leading state-run telecom operator, BSNL had launched a similar scheme a month back.
Chhattisgarh procures 1.24 lakh MT paddy12-NOV-09
The procurement of paddy for the minimum support price (MSP) has started on October 12 and will continue till January 31, 2010. The state marketing federation has set up 1,577 procurement centres across the state to purchase paddy.
Life covers face MTM valuation12-NOV-09
The Insurance Regulatory and Development Authority (Irda) is likely to ask insurers to mark-to-market (MTM) their entire investment portfolio to indicate the change in prices.
DoT, defence scrap over 3G spectrum12-NOV-09
The inter-ministerial battle over spectrum for 3G telecom services has intensified, with the department of telecommunications (DoT) rejecting a claim by the ministry of defence (MoD) that it has not accounted for 10 MHz of spectrum given to DoT at the end of October in the information memorandum (IM).
Govt to come out with paper on financial stability in 2 mths11-NOV-09
The government today said it will come out with a paper on financial stability in two months.
People stop Tata steel plant 'spoilers' in track09-NOV-09
Supporters of Tata Steel in Bastar acted as a shield to prevent Communist Party of India (CPI) leaders and environment experts to visit the project affected villages and meet the people. The CPI leaders along with environment experts from Hyderabad and New Delhi had yesterday organised a public hearing on party's banner in Badanji village. It is one of the ten villages to be affected by the 5.5 million tonnes per annum (MTpA) Tata Steel plant coming up in Lohandiguda area.
Common freight corridor in Talcher to handle 113 mt coal05-NOV-09
This includes 55 million tonne coal movement required by the power companies, 40.76 million tonne by steel companies and 17.22 million tonne by other industries.
Govt targets additional 8.5 MT foodgrain output04-NOV-09
The government targets additional production of 8.5 million tonnes of foodgrain and 1.5 million tonnes of oilseeds in the rabi season this year to compensate for the loss of farm output in the summer season, Agriculture Minister Sharad Pawar said today.
Govt may import up to 2 MT rice04-NOV-09
The government is planning to import up to two million tonnes of rice to augment domestic supply, as production of the foodgrain is projected to decline due to the twin impact of drought and floods. The Centre, which had scrapped import duty on rice last month, may also consider incentivising imports, sources said.
On the way: cable TV without any wire03-NOV-09
In what may become a revolution in entertainment, accessing television via cable, IPTV or interactive DTH services is soon going to be via wireless, on the lines of a wi-fi internet connectivity.
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