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Food inflation to ease next month: Montek
The Planning Commission today said food inflation will come down next month from a more than a decade"s high of around 20 per cent, as apprehensions about adverse effect of drought were easing.

IDBI Bank Q3 net up 29% at Rs 287 cr
Buoyed by a robust 48 per cent growth in its fee-based income, IDBI Bank has clocked a 29 per cent jump in net profit at Rs 287 crore in the third quarter ended December 31 from Rs 223 crore in the year-ago period.

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Infosys BPO to buy US back-office company
Will spend $58 million to acquire McCamish Systems
Business Opportunities

NEWSALERT: DoT proposes to levy penalty of Rs 135.6 cr on telcos

Department of Telecom (DoT) proposes to levy Rs 135.6 crore penalty from telecom operators for missing network roll-out obligations. Tata Teleservices faces penalty of Rs 37.6 crore, Aircel Rs 28.85 crore, Bharti Airtel Rs 31 crore and RCom Rs 19.45 crore, among others. - Uniform licence fee to hit NLD, ILD, ISPs: Ambit Fin - BSNL to give 1.5 lakh new mobile connections this yr - Tata Comm enters managed banking infra solutions space - Govt open to dual listing of MTN, says is permissible - RCom, Financial Technologies to sign m-commerce agreement - DoT worried about fake IMEI numbers Details awaited...


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