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Regular-article-logo Thursday, 12 February 2026

Business Briefs 28-04-2014

Bajaj plant Essar Energy DoT notice Funds flow

The Telegraph Online Published 28.04.14, 12:00 AM

Bajaj plant

Mumbai, April 27: The employees’ union of two-wheeler maker Bajaj Auto has deferred the proposed strike from tomorrow by two weeks, saying the workers have decided to give more time to the management to consider their demands. The decision to put off the proposed strike was taken after a four-hour meeting of the union leaders at the company’s Chakan plant.

Essar Energy

London, April 27: Minority investors in Essar Energy, operating the UK’s second-biggest oil refinery, have appealed to the Indian and British governments to intervene to prevent a forced takeover by its majority owner at a price they claim undervalues the company.

DoT notice

New Delhi, April 27: The department of telecom (DoT) is in the final stages of issuing a demand notice to telecom companies, whose licences were quashed by the Supreme Court in February 2012 but were allowed to operate till the completion of spectrum auction, for an estimated Rs 2,764.29 crore.

Funds flow

New Delhi, April 27: Mauritius has slipped to the second place after the US in terms of the amount of money being brought in by overseas investors into India, according to market regulator Sebi.


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