CAS implementation in Govt's hands: TRAI
Suggests 3 models for cable TV delivery
THE Telecom Regulatory Authority of India (TRAI) has suggested three alternative models to introduce addressability in the cable television system whereby consumers would pay for the channel they wish to view. In its recommendations submitted ...
IDBI eyes second largest bank slot in short-term: Damodaran
IDBI Ltd in its new avatar beginning today, is expected to become the second largest commercial bank in the country in the short-term, and inch closer to the Number one in the medium-term, according to Mr M. Damodaran, Chairman, IDBI. The ...
Sensex up 92 pts on securities transaction tax debut day
STOCK markets raced to end at a near five-month closing high on the day of the debut of securities transaction tax. Brokers attribute the day's bullishness to factors including the fall in inflation rate, fall in crude oil prices and expectations ...
Import duty on polymers cut
THE Finance Ministry on Thursday lowered basic customs duty on a host of polymer feedstocks, intermediates and finished goods as part of its overall attempt to reduce inflation. A senior Finance Ministry official maintained that the revenue ...
Jagson Airlines to buy 3 Bombardiers
THE private sector domestic airline, Jagson Airlines, is to shortly purchase three Canadian 50-seater Bombardier aircraft. The Jagson Chairman, Mr Jagdish P. Gupta, while confirming the move to purchase the aircraft, said on Friday that they ...
`US, EU to stick to textile quota phase-out deadline'
THE US and the EU are not backing the move by some least developed countries (LDCs) to stall the abolition of apparels' export quota regime slated for January 1, next year. The new Commerce Secretary, Mr S.N. Menon, told Business Line that ...
Cricket telecast: Prasar Bharati to move SC as `aggrieved party'
THE legal battle surrounding the awarding of telecast rights to Sony Entertainment Television for the forthcoming Australia tour of India is getting complicated with the Prasar Bharati CEO, Mr K.S. Sarma, saying that the national broadcaster ...
Inflation dips to 7.8 pc as food item prices fall
THE annual wholesale price index-based inflation rate dipped marginally to 7.80 per cent for the week ended September 18, mainly due to a drop in prices of food items including vegetables and fruits, according to data released by the Ministry of ...
SEBI to oversee issue of ESOP by listed cos
THE Securities and Exchange Board of India (SEBI) will now govern the issue of Employees Stock Option Scheme (ESOP) by a listed company in the knowledge-based sectors, the RBI said today. This issue of ESOP will be according to the SEBI ...
Some US curbs on nuclear entities go
IN what is seen as the first follow-up to the recent initialling of the first phase of the next steps in strategic partnership, the US has issued formal notification of the lifting of some sanctions against India's space and nuclear ...
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