Company News

Mobile services in Sri Lanka commenced by Bharti

Mobile services in Sri Lanka commenced by Bharti 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.

Airtel Brings Out Lifetime Prepaid At Rs 99!

Airtel Brings Out Lifetime Prepaid At Rs 99!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.

A New Board For Satyam!

A New Board For Satyam!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 To Raise Production By 2011-12

Binani Cement To Raise Production By 2011-12Binani 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.

Three New Directors appointed to Satyam’s Board by Government

Three New Directors appointed to Satyam’s Board by GovernmentSatyam Computer Services can hope for revival as three new Directors have been announced by the Indian government. Deepak Parekh, Kiran Karnik and C. Achuthan have been appointed to Satyam Computer’s board. The members of board have a tough job ahead. In order to retain client confidence, offer security to employees and control the bad rumors about the company, lot has to be done in the days to come.

Court to take up RIL, RNRL case on Monday

Court to take up RIL, RNRL case on MondayReliance Natural Resources (RNRL) and Reliance Industries would wait for court's verdict on the pricing and ownership issue of Dadri gas project. The court would take up hearing on Monday and counsels of both parties are ready to fight legal battle in the court.

The bench comprising Justice KK Tated and Justice JN Patel would hear the pleas of both parties to address the issue. Earlier, Justice KK Tated was scheduled to be shifted on accounts of some administrative rules.

Pages