Business

May 28, 2016 9:09 AM

Rules may spoil BSNL, MTNLs asset monetisation plan: RS Prasad

Even as state-run BSNL and MTNL look at monetising their realty assets, Union Telecom Minister Ravi Shankar Prasad on Friday said the precondition of using the land for telecom infrastructure at time of allotment may prove to be a hurdle.Speaking at the MTNL's technology centre in central M...

May 27, 2016 5:52 PM

BSNL earns profit of Rs 1,72,000 crore: Ravi Shankar Prasad

Union telecom minister Ravi Shankar Prasad today said in Mumbai that BSNL has earned a profit of 1,72,000 crore rupees. He also said that MTNL has also made a profit of 25 crore rupees . The union minister, who is in Mumbai to celebrate the successful completion of two years of the BJP government, w...

May 27, 2016 4:23 PM

World economy is an 'urgent priority': G7 leaders

The Group of Seven leaders has said that pumping up the world economy is an urgent priority. But wrapping up a two-day summit, in Ise-Shima, Japan, the G-7 left the door open for a go-your-own-way approach. The final communique also noted that growth remains moderate and below potential. The summit ...

May 27, 2016 4:22 PM

GM venture to recall over two million cars in China<br/>

US auto giant, General Motors will recall more than 2 million vehicles produced through a joint venture in China. The venture between GM and Shanghai-based SAIC will recall 2.16 million Buick and Chevrolet branded vehicles because their engine valves could corrode after extended use, the company sai...

May 27, 2016 1:59 PM

Maruti recalls over 77k Balenos, DZires to fix airbag, filter<br/>

Auto major, Maruti Suzuki India is recalling 75,419 units of its premium hatchback, Baleno to fix a faulty airbag component and fuel filter. It is also calling back 1,961 units of its compact sedan, DZires with auto gear shift technology to replace the fuel filter. The vehicles to be recalled were m...

May 27, 2016 1:39 PM

Sunil Mittal receives this year's Harvard Alumni award

Bharti Enterprises founder and Chairman Sunil Bharti Mittal has received this year&apos;s Harvard Business School Alumni Achievement Award. The award, presented annually since 1968, is the highest honour the Harvard Business School confers on its alumni who have contributed significantly to thei...

May 27, 2016 9:38 AM

World economy is an 'urgent priority': G7 leaders

Group of Seven leaders today said that pumping up the world economy is an urgent priority, but member countries can take a go-your-own-way approach to growth plans. In a statement, the G7 said, global growth is their urgent priority. Taking into account country-specific circumstances, the G7 committ...

May 27, 2016 9:37 AM

World economy is an 'urgent priority': G7 leaders

The G7 leaders said that a vote by the UK to leave the European Union would pose a serious threat to global growth. The group warned that a UK exit from the EU would reverse the trend of increased global trade, investment and jobs. The G7 leaders are concluding two days of talks today on the global ...

May 27, 2016 8:18 AM

World economy is an 'urgent priority': G7 leaders

Group of Seven leaders today said that pumping up the world economy is an urgent priority, but member countries can take a go-your-own-way approach to growth plans. In a statement, the G7 said, global growth is their urgent priority. Taking into account country-specific circumstances, the G7 committ...

May 27, 2016 7:38 AM

SEBI bans wilful defaulters from markets, holding board positions

Capital market regulator, SEBI has notified amended norms barring wilful defaulters from making a public issue of shares, debt securities, or non-convertible redeemable preference shares. But wilful defaulters can be allowed to tap existing shareholders by way of rights issue, private placement, or ...

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