Business

Seeking clarity on pricing of spectrum and allocation, CEOs of Bharti Airtel, Reliance and Idea Cellular will be meeting Telecom Minister Kapil Sibal.

The apex court has set aside the Bombay HC judgement asking Vodafone International Holdings to pay Rs 11,000 crore tax.

Reliance Industries' buyback plan is coming after 7 years and it may rank biggest in India's stock market history.

Som Mittal, president of NASSCOM says the court is just following a legal process given that criminal proceedings have already been filed.

Kingfisher had also given a written undertaking to pay the remaining dues toward service tax by March 31 this year.

The airline has also turned a non-performing asset for SBI that has earlier funded the airline.

The global macro economic situation will negate the benefit of the rupee devaluation for software exporters, fears TCS.

State Department spokesman Mark Toner said the deal would obviously be a boom to both our economies.

Reliance has shortlisted Delhi, Mumbai and Bangalore as the tentative locations to launch the business, the report said.

For the first time in recent months India's industrial economy has actually shrunk.

Indian government is yet to take a call on allowing FDI in domestic aviation sector.

Indian markets decouple from global markets and reacted vigorously to domestic news flow on Thursday.

The rupee has been one of the weakest currencies in 2011 and Credit Suisse believes it would continue to be weaker.

Index heavyweight Bharti Airtel extended its losses to 2.4 per cent and BHEL turned negative.

Weakness in Q2 was broad-based, with manufacturing growing at 2.7 per cent and mining contracting 2.9 per cent.

The two banks which received higher ratings are Bank of China Ltd and China Construction Bank Corp.