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India's telephone subscriber base ended just short of 1B mark at the end of April: TRAI

TMT

17 June, 2015

India's telephone subscriber base ended just short of 1B mark at the end of April: TRAI

The total telephone subscriber base in the country rose marginally to reach 999.71 million at the end of April, on ......

Rupee ends at 21-month low of 64.26 against US dollar

General

16 June, 2015

Rupee ends at 21-month low of 64.26 against US dollar

Declining for the fourth straight day, the rupee slipped by 10 paise to close at 21-month low of 64.26 on ......

PTC India Financial Services raises $23.5M from Dutch development bank FMO through NCDs

General

16 June, 2015

PTC India Financial Services raises $23.5M from Dutch development bank FMO through NCDs

PTC India Financial Services Ltd (PFS) today said it has raised Rs 150 crore through issuance of non-convertible debentures."PFS has ......

GSM telecom subscriber base hit 716M in May; addition slows to six-month low

TMT

16 June, 2015

GSM telecom subscriber base hit 716M in May; addition slows to six-month low

Total subscriber base of seven GSM telecom operator, including Airtel, Vodafone, Idea reached 716.24 million at the end of May, ......

ADB to increase India lending by 50% to $12B by 2018

General

16 June, 2015

ADB to increase India lending by 50% to $12B by 2018

Asian Development Bank proposes to increase lending to India by almost 50 per cent to USD 12 billion by 2018, ......

Russia's Rosneft in talks to buy stake in Essar Oil

Manufacturing

15 June, 2015

Russia's Rosneft in talks to buy stake in Essar Oil

Russia's top oil producer Rosneft is in talks to buy about 50 per cent stake in Essar Oil Ltd for ......

SEBI bans Karvy Stock Broking from new IPO related work for one year

General

15 June, 2015

SEBI bans Karvy Stock Broking from new IPO related work for one year

Sebi today barred Karvy Stock Broking Ltd (KSBL) from taking up new primary market assignments, including bidding in initial share ......

Sensex slides further, Nifty ends below sensitive 8,000 mark

General

11 June, 2015

Sensex slides further, Nifty ends below sensitive 8,000 mark

The benchmark BSE Sensex plunged by 470 points today to hit a fresh near eight months low of 26,370.98 and ......

BlackBerry India MD Sunil Lalvani quits

TMT

11 June, 2015

BlackBerry India MD Sunil Lalvani quits

BlackBerry's India head Sunil Lalvani has put in his papers after a two-year stint with the Canadian handset maker.In the ......

Spurt in indirect taxes indicates economic recovery: CEA

General

11 June, 2015

Spurt in indirect taxes indicates economic recovery: CEA

The Finance Ministry today said the spurt in indirect tax collections this fiscal was an indication of economic recovery though ......