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Editor's Desk Private oil companies like Reliance Industries (RIL), Essar Oil and Shell India have expressed concerns over the unfair pricing strategies being adopted by the public oil companies, which have forced the private sector nearly out of the business. The petroleum and natural gas regulatory board (PNGRB), the apex regulatory and quasi judicial body for the … Read more Pricing parity between private, public oil companies under review
Bharti Airtel has decided to come up with IPTV (Internet Protocol on Television) services in the country soon. The company is likely to make an announcement and disclose further details in this regard in a couple of days. Bharti Airtel has already tested IPTV services through its soft launch in a few cities. It aims … Read more Airtel to roll out Internet Protocol Television services in India
Foreign institutional investors (FIIs) were net sellers of Rs 585.41 crore (provisional) in the cash segment on Friday, according to information posted on the BSE website. While FIIs made gross purchases of Rs 803.68 crore, their gross sales stood at Rs 1,389.09 crore. Domestic institutional investors (DIIs) were net buyers of Rs 400.73 crore (provisional) … Read more FII net sellers of Rs 585 cr in cash segment on Friday
Housing finance major, HDFC, has announced a reduction in home loan rates by upto 150 basis points. The move comes after a reduction in its tax deduction on home loans. Interest rates have been cut 150 basis points to 9.75% from 11.25% earlier for those looking to avail of loans between Rs 20 to Rs … Read more HDFC cuts home loan rates by upto 150 basis points
Tata Consultancy Services (TCS) held a conference call after it declared third quarter of FY09. Mr S. Ramadorai, Chief Executive Officer and Managing Director, S. Mahalingam, Chief Financial Officer and N. Chandrasekaran, Executive Vice-President addressed the conference. Highlights of the call TCS reported 5% sequential growth in the consolidated operating revenues at Rs 7277 crore … Read more TCS – Slower Decisions in new Deals
Bharti Airtel, India’s leading integrated telecom services provider, today announced that more than One Million users have registered for the mChek on Airtel service, since its commercial launch in June 2008. Sanjay Gupta, Chief Marketing Officer, Mobile Services, Airtel said, The mChek on Airtel solution empowers an Airtel mobile user to make transactions with just … Read more Bharti Airtel + mChek reach milestone of One Million users