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Bharti, RCom seek telecom corridor via Bangladesh
Indian telecom majors Bharti Airtel and Reliance Communications (RCom) have sought to build a fibre optic network in Bangladesh to get connected to the isolated north-eastern states, a report said on Sunday.

Chidambaram proposes to restructure home ministry
When the Union Budget was presented earlier in the year, the Ministry of Home Affairs (MHA) outlay was raised 33 per cent over the previous Budget, up from Rs 25,500 crore to Rs 38,000 crore.

News of the day

Interest rates likely to move up this year: Kidwai
An expected recovery in the bank credit in the next few months may push up interest rates in the later part of the current fiscal, a top foreign banker today said.
Management

Sensex weak in early trades

After a massive 387 points fall on the Sensex yesterday. The index today opened on a weak note at 16,699 owing to negative cues from the global markets. The index then started slipping further into the red and is now at 16,229, down 123 points. - Sensex rebounds into positive territoty - Markets recover from day"s low - Tata Steel down 4% on sharp drop in net - Jet Airways, SpiceJet drop on Q2 net loss - Sensex opens 17pts lower - F&O Outlook: Positive surprises are unlikely The NSE Nifty is at 4,812, down 34 points. Among the BSE-30 stocks, ICICI Bank has slipped 4% to Rs 800. Tata Steel and Sterlite have declined around 3% each to Rs 488 and Rs 757, respectively. SBI and DLF have dropped 2% each to Rs 2,158 and Rs 392, respectively. Hero Honda, Reliance Communications, Maruti and Sun Pharmaceuticals are down 1% each. Mahindra & Mahindra, ACC, Tata Motors and Bharti Airtel on the other hand are up 1% each.


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