Sunday, 21 April 2013

Govt may take final call on coal price pooling tomorrow

Govt may take final call on coal price pooling tomorrow

Govt may take final call on coal price pooling tomorrow

NEW DELHI: The government may take a final decision on Monday on blending of prices of imported coal and domestically-produced fuel or price pooling of coal. "The Cabinet Committee on Economic Affairs (CCEA) may meet on April 22 to discuss coal ...
Q1 traditionally weak quarter; bullish on Q2: Wipro

Q1 traditionally weak quarter; bullish on Q2: Wipro

Given the fact that the first quarter of the financial year is traditionally a weak quarter for Wipro 's Indian business, one should not read too much into the guidance, says chief executive officer TK Kurien. “Last year, we ended up with negative 1.4 percent in Q1.
Top seven cos add Rs 80056 cr in m-cap; ONGC, ITC shine

Top seven cos add Rs 80056 cr in m-cap; ONGC, ITC shine

Mumbai: The combined market value of seven of the top-10 companies rose by Rs 80,056 crore last week, with major contribution coming in from ONGC and ITC. Amid a strong stock market where the benchmark Sensex gained 4.24 percent, the top seven ...
Reliance Globalcom: Talks with Batelco fail

Reliance Globalcom: Talks with Batelco fail

Anil Ambani-promoted Reliance Communications' (RCom) talks with Bahrain-based telecom major Bahrain Telecommunications Company (Batelco) for selling a stake in its subsidiary firm Reliance Globalcom have failed. In a notice to the stock exchanges on ...
New bank licences: RBI may issue clarification by early May

New bank licences: RBI may issue clarification by early May

The Reserve Bank is likely to issue clarifications on new bank licence guidelines by early next month as sought by interested entities, a senior RBI official has said. "We have received queries from various entities. RBI will be posting on its website all the ...
Amazon woos Indian developers

Amazon woos Indian developers

E-commerce giant Amazon has joined the race to woo Indian mobile application developers with the launch of its Android app store in the country. The competition to attract developers and cash in on sale of content and mobile applications has seen Google, ...