BSNL announces reduction in post-paid broadband tariffs by up to 75 pc

Initiating a price war in the broadband segment, state-run BSNL on Monday announced a reduction in post-paid broadband tariffs by up to 75 per cent. BSNL offers tariff in two categories -- home users and general users. Under both categories, tariffs are available in limited and unlimited downloads. ...

Sensex surges 227 points on fag-end buying interest

The Sensex at the Bombay Stock Exchange surged 227 points, or 1.3 percent on fag-end buying interest, to close at 18,438, on Monday. The Nifty, at the National Stock Exchange added 60 points, or 1.1 percent, to 5,519.Asian markets ended mixed on Monday. Japan's Nikkei gained 0.1 percent and...

Environment Ministry gives clearance to 8 more CIL coal projects

The environment ministry has cleared eight more Coal India Limited projects that have been stalled for about a year. The development comes close on the heels of Environment Minister Jairam Ramesh softening his stance on no go status for coal blocks falling in environmentally sensitive areas during t...

Rupee appreciates by 6 paise

The Indian rupee was up by 12 paise at 45.08 per US dollar in early trade today on sustained dollar-selling by exporters and corporates amid weakness of the American currency overseas. The domestic unit had opened slightly higher at 45.19 per dollar as against last Friday's close of 45.21 p...

Oil prices surge in Asian trade

Oil prices surged in Asian trade on Monday, with Brent crude passing 103 US Dollars. Brent North Sea crude for April delivery soared 1.02 US Dollars to 103.54 US Dollars per barrel, and New York's main contract, light sweet crude for delivery in March, gained 1.13 US Dollars to 87.33 US Dol...

Rupee appreciates by 6 paise

The Indian rupee appreciated by 6 paise to Rs 45.14 per dollar at the Interbank Foreign Exchange market on Monday. The rupee had gained 14 paise to close at a one-month high of Rs 45.21 per dollar in the previous session.

Sensex up by over 95 pts in opening trade

The BSE benchmark Sensex rose by over 95 points in opening trade today after witnessing a sharp fall in the previous session. The Sensex, which had lost 295 points in the previous session on Friday, rose by 95 points, or 0.52 per cent, to 18,306 today, with capital goods, IT and oil and gas stocks l...

Proposal on FDI in broadcasting soon

A proposal on Foreign Direct Investment (FDI) in the Information and Broadcasting sector will be sent to the Department of Industrial Policy and Promotion.Information and Broadcasting Secretary Raghu Menon said that his ministry had received recommendation from Telecom Regulatory Authority of India ...

Satyam Computers to pay around Rs 570 crore to settle US suit

TRAI expects to complete recommendation on 4G by mid-2011

Telecom regulator TRAI has said it is gearing up to come up with recommendation on the advanced 4G technology by middle of this year, the regulator will float consultation paper on 4G within a month to start discussion with the industry."We expect 4G to come next year. At TRAI we are readyi...