Sistema Shyam Teleservices (SSTL), which operates the MTS brand of mobile telephony, is likely to pay the liquidity damages imposed on it by the department of telecommunications (DoT) for not
The National Highways Authority of India (NHAI)’s mobilisation through infrastructure bonds during this financial year is likely to fall short by Rs 2,800 crore, forcing it to take recourse to
The Central Vigilance Commission has launched an investigation against French aircraft manufacturer EADS Airbus for unfair trade practices on a complaint filed by Delhi-based Consumer Forum. In a letter to
The latest loan scam involving listed companies, including Money Matters Financial and LIC Housing Finance, is a grim reminder that mere presence of big investors in a stock is
IT and BPO services firm MphasiS has cruised past the $1 billion revenue mark by reporting consolidated revenues of Rs 5,037 crore ($1.09 billion) for the year ended October
Religare Capital Markets (RCML), the investment banking and institutional securities arm of emerging markets financial services group, Religare Enterprises, on Monday announced the acquisition of the UK operations of Barnard
Financial services group Ariston Capital Services is setting up the Ariston IET Infrastructure Fund I with a target corpus of Rs 1,200 crore. The close-ended fund will have a
At a time when Cairn Energy has refused to recognise ONGC’s claim for pre-emptive rights on the issue of transfer of ownership of exploration blocks, RS Sharma, chairman of the
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