Tuesday, August 31, 2010

Videocon brings 1p/sec ISD calls

Videocon brings 1p/sec ISD calls


Videocon brings 1p/sec ISD calls

Posted: 31 Aug 2010 12:33 PM PDT

While mobile service providers were following Tata-DoCoMo in 1 paisa per second tariff, latest entrant Videocon has pulled one over the rest in the tariff game.

Obama's visit & CWG give BlackBerry relief

Posted: 31 Aug 2010 12:25 PM PDT

Obama's impending visit in Nov; international arrivals on account of the CWG and political pressure from the Canadian govt appear to have prompted the home ministry to temporarily postpone its plans to blackout select BlackBerry services.

Car loans get costlier, hit double-digit mark

Posted: 31 Aug 2010 12:41 PM PDT

Car loan lenders have raised the interest rates in the past couple of days by anything between 50 basis points and 100 basis points (100 bps = 1%).

ITC's EIH stake value up by Rs 600cr

Posted: 31 Aug 2010 12:28 PM PDT

Tobacco-to-hotels major ITC might fail to get its hand on the coveted Oberoi brand but its investment in the hospitality major will turn out to be a sumptuous portfolio investment for it at the very least.

HDFC raises lending rates by 50 bps

Posted: 31 Aug 2010 12:30 PM PDT

After a gap of two years, mortgage leader HDFC on Tuesday increased its retail prime lending rate (RPLR) by 50 basis points to 14.25%.

Insurance policies to lose sheen

Posted: 31 Aug 2010 12:23 PM PDT

From April 2012, when the new tax system will come into effect, insurance policies will no longer help you save tax.

Indian economy grows by 8.8% in Q1

Posted: 30 Aug 2010 11:17 PM PDT

Economy grew a faster-than-expected 8.8 percent in the June quarter from a year earlier, as strong consumer demand boosted manufacturing activity.

India seeks 'lawful access' to all telecom data

Posted: 31 Aug 2010 06:07 AM PDT

India has asked companies that allow users to make voice calls over the Internet to provide security agencies access to their encrypted data, a day after BlackBerry maker Research in Motion agreed to do so.

DoT to allocate 3G spectrum tomorrow to telcos

Posted: 31 Aug 2010 04:26 AM PDT

The government will allocate 3G spectrum to Bharti Airtel, Reliance Communications, Vodafone and others tomorrow, as the Defence Ministry has agreed to handover required quantity of radio airwaves.

Sensex down 61 points on global cues

Posted: 31 Aug 2010 04:29 AM PDT

The BSE benchmark Sensex shed 61 points to end below the 18,000-mark Tuesday despite strong GDP growth in the first quarter, with blue-chips led by RIL registering sharp losses amid a weak global trend.

Rupee weakens by 10 paise against dollar

Posted: 30 Aug 2010 10:03 PM PDT

The Indian rupee on Tuesday weakened by 10 paise to Rs 47.01 a dollar in the early trade at the Interbank Foreign Exchange market following the dollar's gains against other major currencies.

China slaps final tariffs on US chicken imports

Posted: 30 Aug 2010 10:20 PM PDT

The commerce ministry said importers of white-feathered broiler chicken products will have to pay countervailing duties based on the alleged US government subsidy rates of four to 30.3 per cent of the import price.

Kingfisher to raise $250m

Posted: 31 Aug 2010 12:47 PM PDT

US stocks up after consumer confidence data

Posted: 31 Aug 2010 08:10 AM PDT

Wall Street erased initial losses and moved higher on Tuesday as a string of economic data helped relieve investor anxiety about the strength of the economic recovery.

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