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Sat, 20 Mar 2010 02:00:24 GMT+00:00
 Indian Express | Central Bank in India Raises Interest Rates New York Times By BLOOMBERG NEWS India's central bank unexpectedly raised interest rates on Friday for the first time in almost two years and said that with inflation at a 16-month high, the need to control prices was “imperative.” The governor of the Reserve Bank of ... RBI hikes rates by 25 bps; home, auto loan rates may go up RBI raises repo, reverse repo Repo, reverse repo rates hiked by 25 bps |
Sat, 20 Mar 2010 01:47:27 GMT+00:00
 Rediff | Qualcomm hoarding scarce spectrum in India? Economic Times NEW DELHI: The WiMAX Forum has slammed the US-based chipmaker, Qualcomm, for attempting to hoard scarce spectrum in India and has accused the company of bidding for broadband access frequencies here for experimenting an untested technology. ... 9 players to bid for 3G, no new entrants in fray Telecom majors eye both 3G, broadband wireless Idea, Aircel apply to join 3G auction |
Fri, 19 Mar 2010 21:36:02 GMT+00:00
 CNBC | ONGC's $2 bn Venezuelan investment plan gets nod Economic Times NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) on Friday cleared Oil & Natural Gas Corp's (ONGC) $2.2 billion investment in a Venezuelan oil block. ONGC's investment, along with that of other Indian partners Indian Oil Corporation and Oil ... India Business The Times of India ONGC plan cleared ONGC, partners bag 17 blocks under NELP VIII |
Fri, 19 Mar 2010 09:30:36 GMT+00:00
 Indian Express | Will S&P's outlook upgrade lead to higher forex borrowing? Moneycontrol.com Rating agency S&P has upped its outlook on India to stable from negative. Usually this means yields on Indian corporate bonds in the secondary market should move lower and Indian companies should be able to raise forex loans more cheaply. ... S&P upgrades India to 'stable' MONEY MARKETS-Indian swaps fall after S&P, dollar costs higher Indian economy: On strong footing |
Fri, 19 Mar 2010 22:15:35 GMT+00:00
 Techie Buzz | High-speed iPhone set for debut Calcutta Telegraph New Delhi, March 19: Apple Inc has scrambled to sign deals with four leading cellular players to launch its iPhone 3G Speed (3GS) next week. Apple is tying up with Bharti Airtel, Reliance Communications, Vodafone Essar and Maxis-owned Aircel to sell ... Mobile applications business to keep telcos' revenue kitty ringing Indian shares post 6th straight weekly gain Airtel, Apple to bring iPhone 3GS to India |
Sat, 20 Mar 2010 01:16:11 GMT+00:00
Businessmen, movie stars pad up for new IPL team auction Economic Times MUMBAI: An eclectic cast of businessmen and movie stars is likely to bid for the right to own two new teams that will take part in the next season of the Indian Premier League (IPL). Fourteen likely bidders, 12 of them new, have bought tender documents ... City preferences not yet revealed by bidders IPL may get 6 bidders for 2 new teams IPL bids for new teams may cross $300 million |
Fri, 19 Mar 2010 22:34:17 GMT+00:00
No stay of order on Paramount Airways The Hindu New Delhi: The Delhi High Court on Friday refused to stay the order of the civil aviation regulator, the DGCA, grounding three planes of Paramount Airways out of a functional fleet of four. A Division Bench comprising acting Chief Justice MB Lokur and ... Three Paramount aircraft grounded HC orders Paramount to ground half its fleet Paramount flights disrupted as regulator grounds planes |
Sat, 20 Mar 2010 01:32:43 GMT+00:00
 Calcutta Telegraph | A good idea for Posco and Sail Economic Times Posco , the South Korean steel major, deserves a medal for perseverance. Instead, it might get a joint venture with India's biggest steel producer, state-owned SAIL. This would make sense. SAIL has unused land that can readily be made available, ... Posco eyes Rs 25000 cr project in J'khand Bokaro steel shines Posco turns to SAIL for India plant |
Fri, 19 Mar 2010 22:15:33 GMT+00:00
 India Talkies | August date for Coal India selloff Calcutta Telegraph New Delhi, March 19: The government plans to divest a 10 per cent stake in Coal India by August. “A 10 per cent divestment should happen by July-August this year,” said Partha S. Bhattacharyya on the sidelines of a conference. The government holds 100 ... CIL reduces floor price of forward e-auction coal Divestment by Aug; examining 2 offers for overseas buy: CIL Govt may divest stake in CIL by July-August |
Fri, 19 Mar 2010 18:47:51 GMT+00:00
 Moneylife Personal Finance Magazine | SAT upholds SEBI ban on Shankar Sharma Hindu Business Line In October 2009, SAT upheld a SEBI order of February 2009 which found Mr Sharma guilty of synchronising trades (in 2001) on a large scale in certain scrips. The Securities Appellate Tribunal (SAT) on Friday dismissed the review petition of Mr Shankar ... SAT upholds 1-year Sebi ban on Shankar Sharma SAT bars Shankar Sharma from accessing market for one year SAT bans Shankar Sharma from trading in bourses |
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