Posts Tagged ‘government’

Govt to list 35 PSUs; targets Rs 1,500 bn in 5 yrs

The government today said that it would list 35 public sector companies on stock markets over the next five years, reports agency sources. The move would generate about Rs 1,500 billion in revenues for the Centre.

Higher debt burden likely for telecom companies: Ambit

Four years of operation, more than 500 deployments across 148 countries and only 6.5 million subscribers, is not a very good situation to be in for the global WiMAX industry. Despite this, in India the demand for WiMAX spectrum is equally fierce as was in the case of 3G spectrum

Oil counters tank on delay in fuel price hike

The oil counters today closed down nearly 3%, spooked by the government indecision on taking a decision to free fuel prices from government control, reports agency sources. Shares of state-run ONGC closed at Rs 1,165.65, down 1.32%, while HPCL lost 2.49% to Rs 347.95 on the Bombay Stock Exchange.

Expect to end FY11 with NIMs at 2.75%: Vijaya Bk

Vijaya Bank has reported net profit of Rs 130.92 crore in Q4 FY10.

Essar to quicken retail push if fuel pricing freed

Private retailer Essar Oil will speed up planned expansion of its retail network if the government decides to deregulate fuel prices, a senior company official said on Tuesday.