Page-21 of Companies

Airtel, Vodafone hurriedly allocated excess spectrum, Rs 508 cr loss to exchequer: CBI

July 31, 2012

As per Central Bureau of Investigation (CBI), current telecom operators Bharti Airtel (earlier known as Bharti Cellular) and Vodafone India (earlier known as Hutchison Max & Sterling Cellular) were sold additional spectrum beyond 6.2 MHz, up to 10 MHz, in ..

Month: 

Rs 2,000-cr pharma research fund : Exim Bank

July 27, 2012

The Export Import Bank of India (Exim Bank) will utilize Rs 2,000-crore fund in research activities for the pharma sector. It is being done to increase exposure in research and development. The fund has been allocated by the Commerce Ministry ..

Month: 

Category: 

Director of the News International Group, Rupert Murdoch resigns

July 27, 2012

Founder of the News Corporation, and ‘media mogul’ Rupert Murdoch has resigned. He gave resignation from Directorship from a number of companies- NI Group, the Times Newspaper Holdings, and Newscorp Investments in Britain.

Month: 

Yahoo appoints Marissa Maye as its New President and CEO

July 23, 2012

Marissa Mayer has been appointed as the new president and CEO of Yahoo – world’s 2nd largest search engine by query volume. Prior to her appointment, she served as the top executive at Google. Mayer will lead the product innovation ..

Month: 

RIL warns of KG-D6 shutdown, govt shows CAG’s red card

July 21, 2012

The tussle b/w Reliance Industries and the petroleum ministry over the future of India’s significant gas acreage reached to a full blown confrontation. Reliance and its partner BP have indicated the shutdown of the country’s biggest gas discovery- KG-D6 in ..

Month: 

Rs. 4,575-crore investment to perk up 5 PSUs

July 16, 2012

In order to revitalize five Public Sector Units (PSUs), a total investment of Rs.4,575 crore are under consideration of the government. This will also revive Lucknow-based Scooters India without inducting any strategic partner. Govt funds will be inducted into Companies ..

Month: 

India extends energy & mining sector support to Cuba

July 16, 2012

India extended its proficiency and support to Cuba in energy and mining sectors. Minister of State for Commerce and Industry assured this to Cuba. Indian companies can engage in Cuba through investment in exploration, production, refining and marketing. Recently, the ..

Month: 

IOC, RIL figure in Fortune’s top 100

July 12, 2012

· 8 Indian companies appear in the list of world’s 500 largest companies by Fortune magazine. · Among those 8 companies, 5 are state-run · Indian Oil Corp and Reliance Industries Limited stand among the top 100. · Indian Oil, ..

Month: