Tuesday, August 3, 2010

IMEI No.: Govt plans crackdown

IMEI No.: Govt plans crackdown


IMEI No.: Govt plans crackdown

Posted: 03 Aug 2010 01:07 PM PDT

National security and consumer interests are being compromised with the government discovering extremely poor compliance from telecom service providers over shutting down service to all handsets without a genuine International Mobile Equipment Identity (IMEI) number.

RBI rejigs portfolios of deputy guvs

Posted: 03 Aug 2010 01:10 PM PDT

RBI on Tuesday reshuffled some key portfolios of its deputy governors in a surprising, late evening move.

Indo-American is NYC's first investment advisor

Posted: 03 Aug 2010 01:18 PM PDT

Indian-American finance expert Ranji H Nagaswami has been appointed the New York City's first ever chief investment advisor by Mayor Michael Bloomberg in the wake of spiralling pension costs.

Suzuki rides Maruti, Q1 net income up 7-fold

Posted: 03 Aug 2010 01:33 PM PDT

Suzuki Motor, Japan's second- largest minicar maker, boosted first-quarter profit seven-fold on greater sales in Japan and the rest of Asia.

HPCL to sell fuel to KF against cash

Posted: 03 Aug 2010 01:22 PM PDT

HPCL will sell jet fuel to Vijay Mallya-run Kingfisher Airlines only against cash as it has failed to provide bank guarantee cover against payment defaults.

Adani buys coal mines for Rs 12,600cr

Posted: 03 Aug 2010 08:53 AM PDT

In one of the largest coal mines deals by an Indian group, Adani Enterprises on Tuesday bought the Australia-based Linc Energy's coal assets for about Rs 12,600 crore in a cash and royalty deal.

Sensex ends with 38 points gain

Posted: 03 Aug 2010 04:40 AM PDT

A benchmark index for Indian equities closed a rather lacklustre day with a 38-point gain over its previous close.

Stereo magnate Sidney Harman to buy Newsweek

Posted: 02 Aug 2010 09:42 PM PDT

The Washington Post Co will sell Newsweek to 91-year-old audio equipment magnate Sidney Harman, who promised to retain most of the US weekly's 350 employees and give it a couple of years to reverse losses.

Sensex opens 86 points higher

Posted: 02 Aug 2010 09:27 PM PDT

The Bombay Stock Exchange benchmark Sensex on Tuesday opened 86 points higher on buying by foreign funds driven by firming global trends.

Truck rentals increase 3% in July

Posted: 03 Aug 2010 01:38 PM PDT

On the back of strong manufacturing growth and increased movement of export and import cargo, truck rentals remained firm in July.

Citigroup to put its UK online bank Egg up for auction: Report

Posted: 03 Aug 2010 08:04 PM PDT

Citigroup is poised to put its UK online bank Egg up for auction as part of a plan to dispose of more than $800 billion in unwanted assets, the Financial Times said on Wednesday.

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