Wednesday, September 1, 2010

Bharti exits bulk SMS business

Bharti exits bulk SMS business


Bharti exits bulk SMS business

Posted: 01 Sep 2010 12:10 PM PDT

While Trai and DoT are struggling with their failures to address pesky commercial calls and messages, market leader Bharti Airtel has made a statement of its concern for consumer convenience by becoming the first operator to exit its bulk SMS business completely.

Premji's son is Wipro's chief strategy officer

Posted: 01 Sep 2010 08:05 PM PDT

Azim Premji's elder son Rishad (34) was on Wednesday appointed the chief strategy officer of Wipro, joining the senior management ranks of the firm.

Accessories take centre-stage at apparel stores

Posted: 01 Sep 2010 12:36 PM PDT

Ask any "Sex and The City" fan and you will know that bags, shoes and fashion jewellery - grouped under the term accessories - are as essential to a woman's wardrobe as her clothes.

RIL ups stake in EIH, may go for open offer

Posted: 01 Sep 2010 12:19 PM PDT

Is Reliance Industries preparing for an open offer in EIH? Well, it's still in the realm of speculation but given that Mukesh Ambani-led firm has raised its stake in the Oberoi Group flagship, not an improbable proposition.

Gold, silver surge to all time highs

Posted: 01 Sep 2010 12:12 PM PDT

Gold and silver prices rallied to hit fresh all-time highs at the bullion market here on Wednesday on hectic buying by stockists and speculators driven by strong trend in overseas markets.

Car sales drive in the fast lane

Posted: 01 Sep 2010 12:14 PM PDT

Riding on new models and softer interest rates, car sales continued with their strong growth momentum in August.

FM confident of 9% GDP growth in FY'12

Posted: 01 Sep 2010 10:33 AM PDT

Finance minister Pranab Mukherjee on Wednesday said the first quarter economic growth of 8.8 per cent this fiscal is reassuring and exuded confidence that the economy will expand by 9 per cent next fiscal.

Gold sets new record at Rs 19,405

Posted: 01 Sep 2010 03:05 AM PDT

The precious metal mirrored the gains in global markets, the trend setter on the domestic front. Gold rose to two-month high in the global markets following a fall in dollar.

Exports grow by 13.2% in July

Posted: 31 Aug 2010 11:42 PM PDT

Exports grew by 13.2 per cent to USD 16.24 billion in July compared to the same period last fiscal, posting growth for the ninth month in a row.

Air India most trusted aviation brand: Survey

Posted: 01 Sep 2010 03:54 AM PDT

National air-carrier, Air India, has been ranked as the 'Most Trusted Brand' in the aviation sector in the country by the Economic Times Brand Equity Survey 2010.

Sensex gains 235 pts on better growth, high export

Posted: 01 Sep 2010 04:23 AM PDT

The Bombay Stock Exchange benchmark Sensex gained 235 points to reach a one-month high today on heavy buying by funds influenced by strong GDP growth of the Indian economy and rising exports amid firming global cues.

Telcos set to roll out 3G services

Posted: 01 Sep 2010 07:24 AM PDT

Telecom operators cheered the govt's move to allocate 3G spectrum, which will allow them to offer high-speed data services to subscribers, and said they were set to roll out the next generation of mobile telephony across India.

Maruti records highest ever monthly sales

Posted: 31 Aug 2010 10:27 PM PDT

The country's largest car maker Maruti Suzuki India on Wednesday reported its highest ever monthly sales at 1,04,791 units in August, registering 23.56 per cent jump over the year-ago period.

Rupee gains 15 paise against dollar

Posted: 31 Aug 2010 09:16 PM PDT

The rupee on Wednesday climbed 15 paise to Rs 46.91 a dollar at the Interbank Foreign Exchange market in early trade on capital inflows into equities by foreign funds.

Premji's son is Wipro's chief strategy officer

Posted: 01 Sep 2010 08:05 PM PDT

Azim Premji's elder son Rishad (34) was on Wednesday appointed the chief strategy officer of Wipro, joining the senior management ranks of the firm.

Wall Street closes with strong gains; Dow up 2.5%

Posted: 01 Sep 2010 01:58 PM PDT

Wall Street stocks soared on Wednesday after strong manufacturing data in the United States and China eased deep-running concerns over the state of the global economic recovery.

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