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NEW DELHI: The Internet Service Providers Association of India (ISPAI) has asked DoT to return Trai’s recent recommendations on Internet services for a fresh review. In a representation to DoT, ISPs said that with barely 8.5-million Internet subscribers (Nasscom puts the figure at around 40...

NEW DELHI: Urban development minister S Jaipal Reddy on Saturday hinted at a proposal to set up a national urban regulatory authority to encourage and facilitate private players to invest in urban infrastructure projects. Reddy suggested that a regulatory authority for the sector on the lines...

NEW DELHI: The Department of Telecom (DoT) has laid out a road map for wireless broadband (WiMax) roll out in the country, which is at variance with the recommendations of the telecom regulator, Trai, but conforms to the frequency preference of the World WiMax Forum. It has proposed that WiMax...

Once upon a time there used to be simple mobile phones. Later, companies started bundling several features along with the phones. These features were luring consumers who wanted more in their mobile phone, though these were mostly below average. In the third generation phones, calling and...

NEW DELHI: The Group of Ministers looking at the ways and means to vacate spectrum from defence forces and other occupants for mobile telephony use are likely to meet in August for the first time since its inception. Department of Telecom sources said preparations were on to hold the first GoM...

NEW DELHI: Power distribution equipment maker, Areva T&D, today reported a 53 per cent jump in operating profit to Rs 58 crore for the quarter ended June 30, 2007. The company's sales in the quarter stood at Rs 389 crore up 19 per cent from the corresponding quarter last fiscal, Areva said in a...

MUMBAI: Ipca Laboratories Ltd has posted a net profit (after exceptional items) of Rs 34.72 crore for the quarter ended June 30, 2007, up 42.65% compared with Rs 24.34 crore in the corresponding quarter of the previous year. Total income at Rs 247.22 crore for the quarter ended June 30, 2007 is...

BANGALORE: Sasken Communication Technologies Limited has posted a consolidated net profit of Rs 6.39 crore for the first quarter ended June 30, a fall of 31 per cent compared to the same period last fiscal. However, the company posted a 41 per cent rise in consolidated revenues during the...

MUMBAI: Finolex Cables Ltd has posted a net profit of Rs 31.81 crore for the quarter ended June 30, 2007, up 41% compared with Rs 22.56 crore for the quarter ended June 30, 2006. Total income for the quarter was Rs 327.03 crore, up 45% from Rs 225.29 crore in the year ago period. At 2 pm...

MUMBAI: Ambuja Cements posted 168% rise net profit of Rs 877.75 crore for the quarter ended June 30, 2007 compared with Rs 327.49 crore in the same quarter previous year. The cement major’s total income increased to Rs 151.30 crore for the June quarter from Rs 130.69 crore a year ago. The...

MUMBAI: Cipla Ltd’s standalone profits for the quarter ended on 30 June 2007 was Rs 119.76 crore against Rs 170.43 crore for the corresponding quarter pervious year. Total income rose to Rs 920.3 crore from Rs 882 crore a year ago. The share closed at Rs 200.90, down 2.21% on the BSE with...

BANGALORE: The unrelenting upward march of the rupee continues to nick the margins of IT companies. Wipro, which announced its quarterly results on Thursday, joined the ranks of others hit by the rupee and reported a drop of 13% on a sequential basis in its operating profits from Wipro...

TOKYO: Motorists are getting older, thriftier and more concerned about the planet, sending automakers back to the drawing board to develop cars to meet their needs, industry guru Carlos Ghosn said Friday. "There is no doubt that 10 years down the road, the average age of a human being living on...

MUMBAI: Japanese auto giant Honda’s attempts to cobble together the domestic spare parts business of its various Indian companies under a new entity continuous to be in a limbo due to opposition from the all-powerful Munjal family. People close to the situation said Hero Honda has decided not...

SINGUR: Local villagers pulled down a portion of the boundary wall of the Tata Motors' small car project here on Thursday, police said. A group of people, including women, pulled down a seven-foot portion of the wall of the project at Khaserberi, barely half a kilometre away from the nearest...

DETROIT: General Motors Corp pulled ahead of Toyota Motor Corp in global sales for the second quarter of 2007 but remained No. 2 for the first half of the year, according to preliminary figures released by the rival automakers. GM said Thursday it sold 2.41 million vehicles worldwide in the...

MUMBAI: Tata Motors could face stiff competition and hurdles if it chooses to make a bid for Jaguar and Land Rover, the iconic British brands put on the block by Ford Motor, the troubled American automobile giant. Ford has imposed severe conditions on bidders to protect it from any potential...

NEW DELHI: Sunil Mittal-led Bharti Enterprises has appointed Inder Walia, former head of human resources at world's largest steel maker ArcelorMittal as its group HR director. Walia will be responsible for human resource management and integration as director and a member of the management...

KOLKATA: Storage battery maker Exide Industries Limited will pick up 26 per cent stake in an Australian marketing company to step up exports to that continent, a company official said. Exide Chairman Rajesh Kapadia told reporters at the sidelines of the company's annual general meeting held...

NEW DELHI: Tata group company Voltas Ltd, on Friday reported a 140 per cent increase in its net profit for the quarter ended June 30 at Rs 52.16 crore, compared to Rs 21.75 crore in the corresponding quarter previous fiscal. The company's income for operations grew 39 per cent during the quarter...