Telecom Tribunal clears 3G intra-circle roaming pacts

Telecom Tribunal clears 3G intra-circle roaming pacts

Oil prices up in Asian trade

Oil prices rose in Asian trade today as the West slapped fresh sanctions on Russia over its actions in Ukraine, although gains were capped as the measures were seen as less aggressive than expected.New York's West Texas Intermediate for June delivery, climbed five cents to USD 100.89 in mid...

Slovakia & Ukraine agree over gas supply

Slovakia and Ukraine have reached a deal that will allow gas from Central Europe to reach Ukraine via Slovakia. Ukraine has been looking for alternatives to Russian gas, which last year accounted for around a half of its 55bcm consumption.Russia has almost doubled the price of gas for Ukraine, follo...

Japan: Retail sales grow at fastest pace in 17 years in March

In Japan, retail sales grew at the fastest pace in 17 years in March, as consumers rushed to make purchases ahead of the sales tax hike in April. Sales jumped 11 percent during the month, from a year ago, the most since March 1997. Japan raised its sales tax, also known as consumption tax, to 8 perc...

Maruti Q4 earnings drop 35%; posts best-ever annual profit

In a tough market, the country's largest car-maker Maruti Suzuki India on Friday posted a 35.46 percent decline in net profit to Rs 800.05 crore in the fourth quarter ended 31st March.For the full financial year 2013-14, it registered its highest annual net profit. The company had reported ...

8th ICCBC meeting gets underway in Dubai

The International Chamber of Commerce Banking Commission meeting gets underway in Dubai today. Over the next four days, more than 300 participants including the members of ICC Banking Commission, representatives of the World Trade Organization, World Bank, business leaders, finance experts, lawyers ...

Going forward economy can only become stronger: Chidambaram

Finance Minister Chidambaram asserted that the economy is going to become stronger due to efforts of the present UPA government. Addressing the media in New Delhi yesterday, he said the Current Account Deficit, he said the Current Account Deficit - CAD - has been brought down significantly to 32 bil...

Microsoft acquires Nokia handset business; eyes $50 bn market

US software giant Microsoft on Friday completed the acquisition of Nokia's mobile handset business, while excluding the Finnish firm's Chennai factory from the over USD 7.2 billion deal due to tax issues.Nokia will continue to operate the Chennai plant, one of its largest manufactu...

Chidambaram asserts that the economy is going to become stronger due to efforts of present UPA govt

Finance Minister Chidambaram has asserted that the economy is going to become stronger due to efforts of the present UPA government. Addressing the media in New Delhi today he said the Current Account Deficit - CAD - has been brought down significantly to 32 billion dollars as against the previous y...