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Hindustan Copper to appoint merchant bankers on FPO
The state-owned copper miner Hindustan Copper will soon appoint merchant bankers to advise it on the proposed share sale aimed at part-financing its Rs 3,500-crore expansion plan.

Govt in no mood to change new tourist visa rules
Unfazed by reservations from nations like the US and UK, the Government appears to be in no mood to relent on the new visa rules for tourists, saying it would not like to compromise with the country"s security interests.

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IRB Infra to raise Rs 1,200 crore
IRB Infrastructure Developers is all set to raise further funds to the tune of Rs 1,200 crore through various instruments.
International Business

Spectrum policy under fire in RS

The Opposition on Thursday lambasted the telecom ministry, alleging that the 2G spectrum allocation to mobile operators resulted in a loss Rs 60,000 crore to the exchequer, a charge rejected by the government. Leader of Opposition Arun Jaitley said in the Rajya Sabha that the difference in the valuation of spectrum awarded by the government in 2007 to private players and the value realised in transaction with foreign companies in each case had been minimum Rs 6,000-7,000 crore. - BSNL to offer WiMax services in Tamil Nadu by November - Govt looking at listing BSNL, TCIL">Govt looking at listing BSNL, TCIL - BSNL-MTNL merger best option for both, says Kuldeep Goyal - BSNL workers to oppose disinvestment - Raja to review BSNL"s financial performance, IPO plans - BSNL launches new service delivery platform for 3G customers Trans Asian Railway Network Minister of State for Railways KH Muniyappa said on Thursday that the Inter Governmental Agreement on Trans Asian Railway Network India signed in June 2007 had come into force after being ratified by eight signatories. The southern corridor of the Trans Asian Railway Network tracing 11,460 km will connect Asia with Europe via India. BSNL cautioned by govt State-owned BSNL has been cautioned by the government on security related aspects while awarding telecom contracts to foreign firms for the PSU’s proposed 93 million GSM lines deal, the Rajya Sabha was informed on Thursday. Mobile charging facility in trains The railways have decided to introduce mobile phone charging facility in sleeper-class coaches of every train in a phased manner for passenger benefit, the Lok Sabha was informed on Thursday.


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