paise

Reliance Communications stock surges on tariff hike


September 21st, 2012 - 6:18 pm ICT by IANS
Mumbai, Sep 21 (IANS) Shares of Reliance Communications Friday surged over 7 percent after it decided to hike call rates by 25 percent.At the Bombay Stock Exchange, the scrip closed ... Read more...

Posted in Business |

IGL raises gas prices by 0.20 paise in UP


September 8th, 2012 - 10:39 pm ICT by IANS
New Delhi, Sep 8 (IANS) State-run gas distributor Indraprastha Gas Ltd (IGL) Saturday hiked compressed natural gas (CNG) prices by 20 paise per kg.An IGL statement said that the ... Read more...

Posted in Business |

India’s forex reserves decline by $250 million


August 25th, 2012 - 5:21 pm ICT by IANS
Mumbai, Aug 25 (IANS) India's foreign exchange (forex) reserves declined by $250 million to $288.91 billion for the week ended Aug 17, 2012, the Reserve Bank of India's (RBI) data ... Read more...

Posted in Business |

It’s raining political parties in hill state (Himachal Pradesh Newsletter)


August 18th, 2012 - 2:47 pm ICT by IANS
Shimla, Aug 18 (IANS) Elections are due in December and mainstream parties like the Nationalist Congress Party (NCP) and the Trinamool Congress are queuing up to test the political ... Read more...

Posted in Politics |

Coal may have to be imported to meet power demand


August 12th, 2012 - 4:36 pm ICT by IANS
New Delhi, Aug 12 (IANS) State miner Coal India Ltd (CIL) believes 50 per cent of the demand for power-grade fuel by electricity producers may have to be ... Read more...

Posted in Business |

People protest power tariff hike in Rajasthan


August 9th, 2012 - 3:11 pm ICT by IANS
Jaipur, Aug 9 (IANS) People in Rajasthan are up in arms against the hike in power tariff saying it would put more burden on them, especially at a time of ... Read more...

Posted in Business |

Telecom tariffs to rise 37 to 49 paise at Rs.1,400 crore reserve price: COAI


August 6th, 2012 - 10:01 pm ICT by IANS
New Delhi, Aug 6 (IANS) Telecom tariffs would rise 37 to 49 paise per minute led by the cabinet's decision to fix the reserve price for the 2G spectrum auction ... Read more...

Posted in Sci-Tech |

Fuel prices revised countrywide


July 25th, 2012 - 10:02 pm ICT by IANS
New Delhi, July 25 (IANS) Petrol, diesel, cooking gas and kerosene prices across the country were revised Wednesday after state-run oil marketing companies adjusted the surcharge paid towards state levies ... Read more...

Posted in Business |

Petrol prices to be hiked by 70 paise from midnight (Second Lead)


July 23rd, 2012 - 9:59 pm ICT by IANS
New Delhi, July 23 (IANS) India's oil marketing companies Monday announced a hike in petrol prices by 70 paise a litre, with effect from midnight, citing increasing international oil prices ... Read more...

Posted in Business |

Petrol prices to be hiked by 70 paise from midnight (Lead)


July 23rd, 2012 - 9:30 pm ICT by IANS
New Delhi, July 23 (IANS) India's oil marketing companies Monday announced a hike in petrol prices by 70 paise a litre, with effect from midnight, citing increasing international oil prices ... Read more...

Posted in Business |

EGoM’s reserve price revision still high: GSMA


July 21st, 2012 - 4:07 pm ICT by IANS
Mumbai, July 21 (IANS) The price range recommended by the Empowered Group of Ministers (EGoM) for 2G spectrum is still very high in terms of international best practices and would ... Read more...

Posted in Business |

Telecom EGoM to recommend lower reserve price to cabinet for approval (Lead)


July 20th, 2012 - 6:46 pm ICT by IANS
Mumbai, July 20 (IANS) The Empowered Group of Ministers (EGoM) on telecom Friday decided to recommend to the cabinet a reserve price lower than what the sector regulator has ... Read more...

Posted in Entertainment |

EGoM to recommend spectrum price, but cabinet to take call


July 20th, 2012 - 4:21 pm ICT by IANS
New Delhi, July 20 (IANS) The Empowered Group of Ministers (EGoM) on telecom Friday decided to make specific recommendations on the reserve price for the 2G spectrum auction, spectrum ... Read more...

Posted in Business |

2G spectrum base price decision deferred till Friday (Lead)


July 18th, 2012 - 3:22 pm ICT by IANS
New Delhi, July 18 (IANS) The Empowered Group of Ministers (EGoM) on telecom Wednesday deferred a decision on the crucial reserve price issue till Friday, raising doubts yet again ... Read more...

Posted in Business |

DoT to meet operators on spectrum reserve price


July 13th, 2012 - 4:36 pm ICT by IANS
New Delhi, July 13 (IANS) The Department of Telecom (DoT) is meeting all the operators Friday to get their final opinion on spectrum pricing ahead of the Empowered Group of ... Read more...

Posted in Business |

MTS launches 30 paise plan for calls


July 5th, 2012 - 5:43 am ICT by IANS
New Delhi, July 4 (IANS) Sistema Shyam Teleservices Limited (SSTL), which operates its services under brand name MTS, Wednesday rated all its tariffs, including roaming services and international calls, at ... Read more...

Posted in Business |

Sensex at two-month high on eurozone revival hopes, GAAR (Roundup)


June 29th, 2012 - 7:27 pm ICT by IANS
Mumbai, June 29 (IANS) A benchmark index for Indian equities markets Friday rallied to a two-month high, rising 439 points on hopes of a eurozone revival and the government ... Read more...

Posted in Business |

Sensex up 106.32 points; FMCG, oil stocks surge


June 19th, 2012 - 2:48 pm ICT by IANS
Mumbai, June 19 (IANS) A benchmark index of Indian equities markets was trading 106.32 points higher around noon Tuesday led by good buying support for fast moving consumer goods ... Read more...

Posted in Business |

Sensex rises 159 points; auto, banking stocks surge


June 15th, 2012 - 2:52 pm ICT by IANS
Mumbai, June 15 (IANS) A benchmark index of Indian equities markets was trading 0.96 percent higher in the afternoon session Friday led by good buying support in automobile, banking ... Read more...

Posted in Business |

Punters favour Pranab as next president


June 14th, 2012 - 9:03 pm ICT by IANS
Mumbai, June 14 (IANS) The betting market is hotly 'contesting' the forthcoming presidential elections with an estimated Rs.five-six billion at stake over the next head of state.Soon after the ... Read more...

Posted in Politics |

Sensex down 87 points as rise in inflation dampens rate cut hopes


June 14th, 2012 - 2:37 pm ICT by IANS
Mumbai, June 14 (IANS) A benchmark index for Indian equities markets was trading 0.52 percent down Thursday afternoon, affected by India's inflation which moved to 7.55 percent in May ... Read more...

Posted in Business |

S&P; warns India risking investment downgrade; Rupee, Sensex fall


June 11th, 2012 - 9:18 pm ICT by IANS
Mumbai, June 11 (IANS) International ratings agency Standard and Poor's Monday warned that India may lose its investment-grade rating because of slowing growth and political roadblocks to economic policy-making, ... Read more...

Posted in Business |

Sensex rebounds on rupee recovery (Lead)


June 8th, 2012 - 7:51 pm ICT by IANS
Mumbai, June 8 (IANS) A benchmark index of Indian equities markets Friday recouped early losses to be in the green zone, gaining 70 points with the recovery of the ... Read more...

Posted in Business |

Sensex falls 86 points on profit booking


June 8th, 2012 - 2:40 pm ICT by IANS
Mumbai, June 8 (IANS) Snapping a four-day gaining streak, a benchmark index for Indian equities markets was trading 0.52 percent down Friday afternoon due to profit booking in banking, ... Read more...

Posted in Business |

Sensex rallies 300 points; auto, FMCG stocks surge


June 6th, 2012 - 2:12 pm ICT by IANS
New Delhi, June 6 (IANS) A benchmark index for Indian equities markets was trading 300.38 points up in the afternoon session Wednesday owing to the stabilising rupee and good ... Read more...

Posted in Business |

Citing pubic sentiments, Dikshit withdraws VAT on CNG (Lead)


June 4th, 2012 - 8:31 pm ICT by IANS
New Delhi, June 4 (IANS) Succumbing to popular "sentiments" and public demand, Delhi Chief Minister Sheila Dikshit Monday reversed her decision of imposing five percent VAT on CNG thereby ... Read more...

Posted in Politics |

Rupee closes at record low of 56.23 against dollar (Lead)


May 30th, 2012 - 9:27 pm ICT by IANS
Mumbai, May 30 (IANS) The Indian rupee hit a record closing low of 56.23 against dollar Wednesday due to increased demand for the American currency by importers for month-end payments ... Read more...

Posted in Business |

TVS logs 28 percent net profit, to launch new vehicles


May 24th, 2012 - 7:55 pm ICT by IANS
Chennai, May 24 (IANS) Closing last fiscal with 28 percent growth in its after-tax profit, two- and three-wheeler maker TVS Motor Company announced Thursday that it would launch an executive ... Read more...

Posted in Business |

Idea Cellular slashes 3G tariffs by 70 percent


May 22nd, 2012 - 9:12 pm ICT by IANS
New Delhi, May 22 (IANS) After Bharti Airtel, Idea Cellular became the second operator to have slashed its 3G tariffs in order to draw demand.The operator slashed its tariffs on ... Read more...

Posted in Business |

Rupee weighs on market, Sensex closes 156 points lower (Lead)


May 22nd, 2012 - 7:19 pm ICT by IANS
Mumbai, May 22 (IANS) A benchmark index for Indian equities markets fell over 156 points as the rupee tested a new low Tuesday and metal, banking and power stocks ... Read more...

Posted in Business |

Telecom tariffs may rise by 90 paise in metros: Study


May 22nd, 2012 - 6:33 pm ICT by IANS
New Delhi, May 22 (IANS) Telecom tariffs will rise by 90 paise a minute in metros and 20-34 paise on an average across the country if the sector regulator's recommendations ... Read more...

Posted in Business |

Sensex closes flat on weak rupee (Lead)


May 17th, 2012 - 7:00 pm ICT by IANS
Mumbai, May 17 (IANS) A benchmark index for Indian equities market Thursday rebounded, closing over 40 points up in lacklustre trade as the rupee traded near its record lows ... Read more...

Posted in Business |

Sensex bounces back, closes 112 points up (Lead)


May 15th, 2012 - 7:38 pm ICT by IANS
Mumbai, May 15 (IANS) After falling in five consecutive sessions, a benchmark index for Indian equities market returned to the positive terrain Tuesday, closing over 112 points up as ... Read more...

Posted in Business |

TRAI sticks to high reserve price for spectrum auction


May 14th, 2012 - 2:59 am ICT by IANS
New Delhi, May 14 (IANS) The Telecom Regulatory Authority of India (TRAI) Sunday retained its recommendations on high reserve price for spectrum auction despite staunch criticism by the industry."The reserve ... Read more...

Posted in Business |

Cut tax to make diesel cheaper, say Delhi dealers


May 10th, 2012 - 7:32 pm ICT by IANS
New Delhi, May 10 (IANS) The Delhi Petrol Dealers Association (DPDA) Thursday urged the Delhi government to reduce value added tax (VAT) on diesel to 8.8 percent, from the present ... Read more...

Posted in Business |

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