Business

MTNL has calculated its charges from its consumers on the basis of tariff rate which was levied by BEST during Jan 2007 to May 2009.

The Finance Minister said the rollout of Direct Benefit Transfer scheme in the country is likely to be completed by the end of 2013-14.

Boeing said the flight is scheduled to depart around 11 am PDT (11:30 pm IST) and last about two hours.

DoT had issued a notification restraining Bharti from providing 3G intra-circle roaming facilities in seven circles.

An alumni of IIT, Gopalakrishnan is also on the Board of Governors at the Indian Institute of Management.

Dealers attributed the rupee's fall to increased capital outflows by foreign funds and a lower opening in the stock market.

Auto stocks are major laggards after disappointing monthly sales numbers announced this week.

Some major aircraft leasing companies and financers have even threatened to pull out of India.

The deficit widened mainly due to the huge trade deficit, said a release by the Reserve Bank of India.

A brokerage said that the delay is "sentimentally negative" for the stocks, attributing the reason to opposition to the merger from the Andhra Pradesh HC.

Kingfisher has another 15 leased planes, besides 10 it owns, said chairman of the Airports Authority of India.

The Indian benchmark Sensex inched up by 5.32 points, or 0.03 per cent, to quote at 18,686.74 at 1050 hrs.

However, Morgan Stanley warns a key risk remains in Reliance Communications' debt levels.

The rupee resumed lower at 54.35 per dollar as against the last closing level of 54.28 at the Interbank Foreign Exchange (Forex) Market.

Brokers said investors turned extremely cautious on concern over political instability after DMK withdrew support from the UPA government.

The steel ministry did not elaborate on why the size of the sale had been scaled back.