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Feb: Panel to review AI wages

  • Feb: Panel to review AI wages

    Feb: Panel to review AI wages

  • Nifty tops 5,500

    A road sign stands next to the Bombay Stock Exchange building.

    Indian stock markets surged to end 2% higher on Wednesday, amid firm global cues, on broad-based buying as investors bought stocks across sectors.

    The 50-share Nifty ended above the crucial psychological level of 5,500. The index ended higher by 116 points at 5,532 and the BSE benchmark index- Sensex jumped 354 points to close at 18,202 levels.

  • ONGC, BHEL fate delayed

    Engineers of ONGC stand inside the Kalol oil field in Gujarat

    With just one-and-half months left to meet the Rs 40,000 crore disinvestment target for this fiscal, a panel of Ministers today failed to take a decision on stake sale of blue chip oil major ONGC and engineering giant BHEL and decided to meet again to take a final call.

    "Govt is considering auction route for ONGC (disinvestment). No time line fixed as yet. Empowered Group of Ministers (EGoM) to meet again shortly", Petroleum and Natural Gas Minister, S Jaipal Reddy, told reporters after the meeting of the EGoM here.

  • Tata sales up 21%

    New Land Rover Freelanders are seen outside the Halewood Jaguar and Land Rover factory in Liverpool northern England

    Tata Motors Ltd's global vehicle wholesales rose 21% in January from a year earlier, the Indian company said on Wednesday, led by strong sales of its luxury Jaguar Land Rover vehicles.

    Tata sold 119,799 vehicles in January, with passenger cars accounting for 66,785, a rise of 26%.

  • Sibal on licences

    The sun rises behind a communications tower in New Delhi

    Telecommunications minister Kapil Sibal today said that all future licences will be auctioned and these licences will not be linked with spectrum allocation.

    He said that the spectrum sharing will be permitted under automatic route and uniform licence fee at 8%.

    Sibal added that "no spectrum sharing between 3G operators and that the companies will have to pay for shifting to unified licence".

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