The Union Ministry of Communications & Information Technology has provided 4.4 MHz of Spectrum in 1800 MHz GSM band to Unitech Ltd for the West Bengal telecom circle. The company has announced that it would soon start telecom services in the West Bengal Service Area.
The company has already been allotted spectrum in 21 service areas. The telecom arm of real estate major Unitech Ltd, Unitech Wireless is also planning to launch 3G services in near future. State run MTNL has already launched 3G services in national Capital Region.
Shreyas Shipping & Logistics Ltd has sold its vessel `M V OEL Aishwarya` for USD 972,637.20. The company is facing the heat of global financial crisis and posted record losses in the September quarter of this financial year.
The funds from recent sell out would help to overcome liquidity problem being faced by company following global financial crisis.
The company posted loss of Rs 19.46 million in the reporting quarter while recorded profit of Rs 60.31 million in the same quarter last year. Its net sales registered an increase of 30.55% to Rs 539.58 million.
It was announced by India's top mobile operator, Bharti Airtel on Monday that mobile services in Sri Lanka has been launched by it and the company would also invest $200 million on the operation in the island.
Via its subsidiary Bharti Airtel Lanka, the company has launched the services on a third generation network. A suite of innovative services and redefined affordability by offering attractive call rates has also been launched by Airtel.
Another round of price war has begun among mobile operators. After revolutionizing the Indian mobile service market, country's leading telecom services provider, Bharti Airtel, today launched its popular Lifetime Prepaid at a lower price point of Rs 99 only.
Bharti Airtel says it intends to further expand the market, and make mobile services more affordable to its prepaid customers.
In a significant move, the government on Sunday appointed Deepak Parekh, chairman of Housing Development Finance Corporation Ltd, NASSCOM's former president Kiran Karnik and former SEBI member C Achuthan as the three musketeers of its choice to guide the software exporter Satyam out from the disaster. The new team is considered as a true combination of experts from banking, IT and law backgrounds.
Binani Cement Ltd has decided to make an investment of more than Rs 900 crore for establishing greenfield plants both in India as well as abroad to raise its overall production capacity to 15 million tonnes by the next three years (2011-12).
The company plans to invest around Rs 800 crore on the construction of a new plant in Gujarat, which would have an installed production capacity of about 2.5 million tonnes.
Moreover, the company is also eyeing a unit in Mauritius with a proposed capacity of two million tonnes.
The Union Ministry of Communications & Information Technology has provided 4.4 MHz of Spectrum in 1800 MHz GSM band to Unitech Ltd for the West Bengal telecom circle. The company has announced that it would soon start telecom services in the West Bengal Service Area.
Shreyas Shipping & Logistics Ltd has sold its vessel `M V OEL Aishwarya` for USD 972,637.20. The company is facing the heat of global financial crisis and posted record losses in the September quarter of this financial year. 
It was announced by India's top mobile operator, Bharti Airtel on Monday that mobile services in Sri Lanka has been launched by it and the company would also invest $200 million on the operation in the island. 
Another round of price war has begun among mobile operators. After revolutionizing the Indian mobile service market, country's leading telecom services provider, Bharti Airtel, today launched its popular Lifetime Prepaid at a lower price point of Rs 99 only. 
In a significant move, the government on Sunday appointed Deepak Parekh, chairman of Housing Development Finance Corporation Ltd, NASSCOM's former president Kiran Karnik and former SEBI member C Achuthan as the three musketeers of its choice to guide the software exporter Satyam out from the disaster. The new team is considered as a true combination of experts from banking, IT and law backgrounds.
Binani Cement Ltd has decided to make an investment of more than Rs 900 crore for establishing greenfield plants both in India as well as abroad to raise its overall production capacity to 15 million tonnes by the next three years (2011-12).
