Business

DoT has given Airtel the option of paying Rs 1,758.07 crore this month as first installment from the total amount of Rs 5,201.24 crore.

Chidambaram said the policy reforms carried out by the government seemed to have improved investment sentiments in public as well as private sectors.

According to a government source, Jet Airways is the frontrunner and a deal in this regard is likely in 10 days.

Overall, 23 of the 30 Sensex scrips registered gains, while 7 closed with losses.

During the 10-months of 2012, FDI contracted by 33 per cent to $21 billion as against $31 billion in the same period in 2011.

Russia is eyeing big defence deals from India that plans to spend about $100 billion over the next 10 years.

Foreign direct investment (FDI) inflows into India jumped 67 per cent in October to $1.94 billion.

RIL will restart a crude unit in 1-2 days after a fire at its older, 660,000 barrels-per-day refinery in Jamnagar.

An audit of the airline's books showed that the company had a cash inflow of Rs 1,348 crore per month, while the outflow due to high fuel cost was Rs 1,752 crore.

The BSE benchmark Sensex on Thursday closed 22 points down on investors booking profit in blue-chip Infosys, TCS, RIL, Tata Motors and Bajaj Auto shares.

A probe revealed UBS staff orchestrated the manipulation of benchmark interest rates over three continents.

Ratan Tata, who will step down as Chairman of Tata group on December 28, said he had a great affinity with eastern India.

Ratan Tata, who will step down as Chairman of Tata group on December 28, said he had a great affinity with eastern India.

The government raised less than a quarter of its Rs 40,000 crore target in November's auction.

The RBI is also planning to allow a repo in certificate of deposits issued by banks and commercial papers by corporates.

Consumer goods output grew by 13.2 per cent in October against a meagre 0.1 per cent growth year ago.