Nokia to target youth with Asha

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• Nokia to target youth with Asha
• PIL alleges nexus in Sebi appointments
• ONGC net profit vaults 60% in Q2
• Bharti net crashes 38% on forex loss, 3G costs
• Govt plans a big push to reforms
• Trai rejects bid to hike revenue share
• Kapil Sibal expects 4G launch by 2012
• Euro zone crisis threat to global economy: PM
• G20 govts sign anti-tax evasion deal
• Sensex shoots up in early trade as world stocks rise

Nokia to target youth with Asha Posted: 04 Nov 2011 12:44 PM PDT Last week in London, Nokia chief executive Stephen Elop launched two messaging phones — Asha 200 and Asha 201— aimed primarily at the Indian mass market.

PIL alleges nexus in Sebi appointments Posted: 04 Nov 2011 12:42 PM PDT The Supreme Court on Friday did not issue a formal notice to the Union government as it promised to respond in two weeks to a PIL alleging nexus between ministry of finance and corporate players in appointments to market regulator Sebi.

ONGC net profit vaults 60% in Q2 Posted: 04 Nov 2011 12:27 PM PDT Oil and Natural Gas Corporation on Friday posted a 60% jump in net profit in the second quarter ending September 30 on the back of higher crude price and reduced subsidy outgo.

Bharti net crashes 38% on forex loss, 3G costs Posted: 04 Nov 2011 12:26 PM PDT Pulled down by heavy forex losses and 3G-related costs, the country's largest telecom company Bharti Airtel's net profit fell by 38.2% to Rs 1,027 crore during July-September, 2011 quarter.

Govt plans a big push to reforms Posted: 04 Nov 2011 12:22 PM PDT The finance ministry has lined up an ambitious reform agenda for the Winter Session of Parliament and efforts are on to secure support from Opposition parties to get approval for at least 10 legislations, senior official said.

Trai rejects bid to hike revenue share Posted: 04 Nov 2011 12:01 PM PDT The Trai on Thursday unveiled its long-awaited recommendations on crucial issues like spectrum, unified licensing, rollout obligations, M&As and the exit policy.

Kapil Sibal expects 4G launch by 2012 Posted: 04 Nov 2011 10:28 AM PDT After the launch of third- generation (3G) telecom services, India may see more advanced 4G services in the second half of next year, Telecom Minister Kapil Sibal said on Friday.

Euro zone crisis threat to global economy: PM Posted: 04 Nov 2011 09:36 AM PDT India on Friday said that Eurozone crisis is a potentially grave threat to stability of global economy, but made it clear that management of the crisis is primarily responsibility of the European countries.

G20 govts sign anti-tax evasion deal Posted: 04 Nov 2011 03:42 AM PDT Supporters say the agreement could help governments collect tens of billions of dollars in taxes on previously hidden income.

Sensex shoots up in early trade as world stocks rise Posted: 03 Nov 2011 10:03 PM PDT A benchmark index for Indian equities markets on Friday rose sharply in morning trade to rule 170 points higher. Metals, auto and realty stocks were among the main gainers at this time.

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