TRAI suggests lifting telecoms MA restrictions

Telecoms regulator on Tuesday recommended ending restrictions on telecoms firms selling out, a move which will help consolidation in the world\'s fastest growing telecoms market
Source: Moneycontrol Top Headlines | 11 May 2010 | 8:44 am

TRAI caps GSM spectrum allotment at 10 Mhz for each co

TRAI has capped the spectrum allotment to GSM and CDMA mobile companies at 10 Mhz and 7 Mhz per operator.
Source: Moneycontrol Top Headlines | 11 May 2010 | 7:37 am

Verizon US to launch bids for IT deal worth $600m: Sources

Verizon US plans to launch bids for an IT deal valued at USD 600 million, reports CNBCTV18, quoting sources. The deal, spread across six years, is to be distributed between two vendors.
Source: Moneycontrol Top Headlines | 11 May 2010 | 5:54 am

ABG Shipyard sells 2.15% in Great Offshore

ABG Shipyard has sold 0.8 million shares or 2.15% of equity in Great Offshore for Rs 36.94 crore, Great Offshore said in a statement on the BSE on Tuesday
Source: Moneycontrol Top Headlines | 11 May 2010 | 5:34 am

Europe buys insurance for US recovery

A USD 1 trillion Europeanled effort to contain Greece\'s debt crisis has offered an insurance policy for a US economic recovery that some feared could have been harmed by a fresh financial storm
Source: Moneycontrol Top Headlines | 11 May 2010 | 5:34 am

To use pref allotment proceeds to retire debt: Fortis

Fortis Healthcare has announced a preferential allotment of 22.35 million shares at Rs 170 each PE player GIC Special Investments. Speaking to CNBCTV18 about it, Shivinder Mohan Singh, MD, Fortis Healthcare said the GIC will be getting 6.58% of Fortis equity via preferrential allotment.
Source: Moneycontrol Top Headlines | 11 May 2010 | 5:05 am

India gold demand abates after previous day's pickup - Economic Times

India gold demand abates after previous day's pickup Economic Times MUMBAI: India gold demand abated on Tuesday afternoon as prices recovered partly and the rupee turned weak after physical offtake saw a slight pick-up in the previous session ahead of a key gold-buying festival, dealers said. ... Gold's rising price may dull Akshaya Tritiya demandHindu Business Line High gold prices dampen demandBusiness Standard High prices may dampen festive gold saleFinancial Express Commodity Online -mydigitalfc.com -TopNews all 33 news articles »

Source: Business - Google News | 11 May 2010 | 3:58 am

FOREX-Euro falls as market doubts rescue package - Reuters

Globe and Mail

FOREX-Euro falls as market doubts rescue package Reuters LONDON, May 11 (Reuters) - The euro fell on Tuesday as the relief rally unleashed by an emergency aid package to prevent the spread of a euro zone debt crisis dissipated and the focus switched back to structural problems plaguing the ... Bailout does not address Europe's deep-rooted woes: ExpertsMoneycontrol.com FOREX-Euro falls as market doubts rescue packageReuters Excitement over $1 trillion euro plan fades, euro slipsReuters Reuters -Indian Express -Wall Street Journal all 5,884 news articles »