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| Saturday , August 2 , 2008 |

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Stage set for 3G mobile play

Govt sniffs big bucks in global auction

The Congress-led government today announced it would hold a global auction later this year for high-speed third-generation (3G) mobile services with the prospect of raising over Rs 20,000 crore. ... | Read..

Number portability rules put in place

Mobile phone users will soon be able to switch operators, while retaining their numbers. ... | Read..

Rethink on rice curbs

The government will convene a meeting of the empowered group of ministers (EGoM) to review the ban on export of non-basm ... | Read..

Tata firm for global assets

Tata Steel has created an international holding company — Tata Steel Global — which will hold all its overseas steel and ... | Read..

Baring opens retail tie-up talks

Baring Private Equity Partners, which is looking to invest in Indian retail, is in talks with some major players for allianc ... | Read..

Money Mantra: Finance minister P. Chidambaram has asked commercial banks to mobilise low-cost deposits to withstand pressure on their margins and kee ... | Read

Press Releases

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Cognizant cuts outlook

Cognizant Technology Solutions has cut its revenue growth outlook for the full year to 32 per c.. | Read..

PetroEcuador, ONGC in pact

PetroEcuador, the state-owned oil company of Ecuador, has signed an agreement with Oil and Natu.. | Read..

Ministry move to help oil retailers

The petroleum ministry has sought the resumption of the RBI’s special scheme of foreign exchan.. | Read..

Simpler GDR rules in offing

To help Indian companies raise funds from overseas security markets at competitive rates, the finan.. | Read..

Union Bank rate call

Union Bank of India will soon take a decision on increasing its lending and deposit rates follo.. | Read..

GM hurtles to $15.5bn loss

General Motors Corp posted a $15.5 billion quarterly loss on Friday, as North American sales droppe.. | Read..

Emami eyes overseas buy

FMCG major Emami Ltd is in advanced stages of talks to acquire personal care companies in the U.. | Read..

Rising oil bill spoils export growth charm

The oil import bill surged 53.4 per cent because of a global oil price spike and widened the tr.. | Read..

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