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Monetise fiscal deficit, says Venu Srinivasan
CII chief wants rationalisation of bond yields

TDSAT upholds spectrum policy
NEW DELHI: The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) on Tuesday upheld the dual spectrum allocation policy of the Department of Telecommunications (DoT), issued in 2007, that allowed CDMA players such as Reliance ...

SpiceJet plans acquisition
To introduce international routes

Sensex up 140 points
MUMBAI: After a steep fall on Monday, the Bombay Stock Exchange sensitive index, Sensex, recovered 140.36 points or 1.47 per cent in highly volatile trading on Tuesday, the last day of the financial year. The recovery was supported by capital ...

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Ashok Nayak takes over as chairman of HAL
BANGALORE: Ashok Nayak has taken over as Chairman of Hindustan Aeronautics Ltd (HAL). A mechanical engineering graduate from Bangalore University, Mr. Nayak joined HAL as a management trainee in 1973. Prior to the present appointment, he was ...

Weider Germany to make foray into India
BANGALORE: Weider Germany, specialising in fitness nutritional supplements used by sportspersons, is entering the Indian market. As part of the process, Weider said it was appointing distributors in all major metros. The brand is sold across ...

Reliance Infra to help SEBs to adopt IT
NEW DELHI: Reliance Infrastructure has been empanelled as the information technology implementation agency with Power Finance Corporation (PFC) for deeper computerisation at State Electricity Boards. “We are confident that our rich ...

Central Bank reduces BPLR by 50 basis points
CHENNAI: Central Bank of India has reduced the benchmark prime lending rate (BPLR) by 50 basis point to 12 per cent, says a bank release. The reduction is with effect from April 1. — Corporate ...




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