Popular Articles

Media kingpin BCCL a large PE player, too
Bennett Coleman and Company Ltd (BCCL) may be the most profitable media company in India but the company’s balance sheet reveals a lot more than the P&L.

Car sales see record November surge
Fears of an imminent price rise, production spillovers owing to spare parts shortages plus a low base effect saw sales of the country"s major car makers grow a record 63 per cent in November.

News of the day

'Disabled employees to get equal insurance benefits'
The Centre today informed the Delhi High Court that differently-abled government employees will be eligible for equal benefits for the postal life insurance policy with maximum limit of Rs five lakh.
Small Business

More time needed for Bharti Airtel check, auditor tells DoT

The auditor for Bharti Airtel has asked for more time from the department of telecommunications (DoT) to finalise the special report sought by the government on the company, as they have yet to fully get the needed information. - SingTel under DoT lens for operating without a licence - GTL-Aircel tower deal confirmed for Rs 8,400 cr - Newsmaker: Sanjay Kapoor">Newsmaker: Sanjay Kapoor - Bharti Airtel: Not a value call - DoT favours auction of 2 blocks of 3G - Airtel creates separate unit for global business Contractor, Nayak & Kishnadwada, the chosen audit agency, has told DoT in a letter that Bharti has started providing some of the pending information, which is being verified. Bharti has stated it was facing difficulties in retrieving the information, since it is old and voluminous in nature, the auditor said, adding the company was taking necessary steps to provide the information expeditiously. After getting what was sought, we would be able to complete the verification process and give the report within four to six weeks, the auditor said. It had earlier asked DoT to make Bharti give the information, having asked last month for an extension of the time granted for the report.


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