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DoT may ask TataComm, Airtel to end ILD pacts with SingTel
The Department of Telecommunications (DoT) may ask two leading private operators, Bharti Airtel and Tata Communications, to terminate their contracts with Singapore Telecommunications (SingTel), which was allegedly offering international long distance (ILD) services here without a licence.

Horror of Lehman's fall haunts global M&A space
The ripple effects of the fall of Lehman Brothers in September last year is evident in the field of global mergers and acquisitions (M&A), which have shrunk nearly 40 per cent since then.

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BSNL to provide bandwidth for SWAN
Bharat Sanchar Nigam Limited (BSNL) would provide bandwidth services for the implementation of the Orissa State Wide Area Network (OSWAN) project in the state.
International Business

States can now borrow Rs 21k cr States can now borrow Rs 21k cr BS Reporter / New Delhi August 21, 2009, 0:51 IST

Markets extend losses in noon trades Two people killed at Coromandel's Kakinada plant Information and Broadcasting Minister Ambika Soni said after the Cabinet meeting that majority of the increased support to state governments would go towards public investment in infrastructure. “The government expects that the relaxation will spur development of infrastructure and employment generation through larger public investment and will accelerate growth revival in the medium term,” she said. Analysts said the extra borrowing would increase bond supplies, adding to the upward pressure on yields.


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