Spectrum norms

New Delhi, May 14: The department of telecom (DoT) will take a final view on May 24 on regulator Trai’s spectrum auction recommendations. “Since Trai has given its final recommendation, we will have the Telecom Commission meet on May 24. Then, the DoT will take a final decision at the minister level and the same will be conveyed to the eGoM,” DoT secretary R. Chandrashekhar said.

JPMorgan rejig

New York, May 14: Stung by a huge trading loss, JPMorgan Chase will replace three top traders, including one of the top women on Wall Street, in an effort to stem the ire that the bank faces from regulators and investors.

Speciality IPO

Mumbai, May 14: Fine dine operator Speciality Restaurants today fixed the price band at Rs 146 to Rs 155 for its Rs. 182- crore initial public offering, which opens for subscription on May 16.