BS Reporter
BS Reporter
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Bharti Infratel in race to buy Idea, Voda towers for Rs 5,000 cr
The company is also scouting for telecom tower acquisition opportunities in Sri Lanka and Bangladesh with its Rs 7,646-crore cash kitty
 "Bharti Infratel in race to buy Idea, Voda towers for Rs 5,000 cr")
GMR to operate Cebu airport, Philippines
As part of the overall master plan, GMCAC will build a brand new terminal building within three years
 "GMR to operate Cebu airport, Philippines")
TVS Motor launches new fully synthetic engine Oil
Synthetic oil is slicker than conventional oil and enables smoother drive
 "TVS Motor launches new fully synthetic engine Oil")
DoT yet to assure time to operators for network reconfiguration
Cellular operators have made their representations before telecom secretary
 "DoT yet to assure time to operators for network reconfiguration")
Loop-Bharti deal to get DoT nod
Loop CEO Sandip Basu has written to DoT stating that non approval of deal would lead to losses for Indian banks
 "Loop-Bharti deal to get DoT nod")
Housing prices go up in 18 cities in Aprl-June14: NHB Residex
The maximum increase was observed in Pune at 3.9% followed by Coimbatore at 3.5%
 "Housing prices go up in 18 cities in Aprl-June14: NHB Residex")
Pfizer gets one more relief from IPAB
Boar sets aside Assistant Controller of Patents order, which rejected the Patent Application
 "Pfizer gets one more relief from IPAB")
Modi govt administers pledge for Rashtriya Ekta Diwas
He also flagged off a 'Run for Unity' to mark Sardar Patel's birth anniversary
 "Modi govt administers pledge for Rashtriya Ekta Diwas")
Nilofar no longer a cyclone, becomes deep depression
Fizzles out even before reaching Gujarat coast, weakens about 480 km away from Naliya in Kutch
 "Nilofar no longer a cyclone, becomes deep depression")
 "A timeline of Nokia's tax problems in India")
Closure of Nokia is unfortunate: Pon Radhakrishnan
Union Minister of State says Govt will take steps to ensure such closures do not happen in future
 "Closure of Nokia is unfortunate: Pon Radhakrishnan")
NDTV files fresh plea in contempt case against shareholder
Denies Quantum's allegations of non-disclosure to investors
 "NDTV files fresh plea in contempt case against shareholder")
Maruti Suzuki Q2 net up 29% at Rs 862 cr
Board recommends increasing FII limit to 40%; dividend pay out ratio in range of 18-30%
 "Maruti Suzuki Q2 net up 29% at Rs 862 cr")
Bharti Airtel net up 170%, highest since March 2011
Lifted by 74% increase in mobile data revenue in India; tops estimates
 "Bharti Airtel net up 170%, highest since March 2011")
 "Jaitley asks tax dept to focus on domestic black money")
Castrol sees benefit of falling crude from next year
The continued momentum in the personal mobility segment drove sales of the company to an 11% increase at Rs 799 cr during July-Sept 2014 quarter
YES Bank net profit up by 30%
Higher net interest income and lower provisioning in the period under review helped the rise
 "YES Bank net profit up by 30%")
Petrol and diesel price could be cut by Rs 2.50 per litre on Friday
Diesel rates were last cut in 2009 when they were reduced by Rs 2 a litre to Rs 30.86
 "Petrol and diesel price could be cut by Rs 2.50 per litre on Friday")
Austerity drive: No first-class travel, meets at five-stars, officials told
Also issued instructions for a mandatory 10% cut in non-Plan expenditure for all govt departments
 "Austerity drive: No first-class travel, meets at five-stars, officials told")
Senior bureaucrat bats for food security concern
Cabinet secretary asks WTO to not put issue on backburner but address it up front
 "Senior bureaucrat bats for food security concern")