TRAI suggests new prices for spectrum

Following a telecom ministry directive, the Telecom Regulatory Authority of India (TRAI) has urged the government to determine the price of extra 2G spectrum through auction if it also cancels licenses of those who have not started operations. In case the government does not cancel...

Infosys posts 6% Q-on-Q revenue growth

IT Bellwether Infosys Technologies has reported a 6% sequential jump in dollar revenues and a 6.1% increase in net profits during the December quarter, in line with expectations. Year on Year, revenues jumped 28.7% and profits were up around 19%. Total revenues were $1.585 billion...

Industry heads share worries with Jairam

Alarmed by the increasing number of large projects falling foul of an ‘activist’ environment ministry, the largest industry forum in the country took its gripes right to the doors of the environment minister Jairam Ramesh. However, after holding closed-door discussions with top industry heads from...

PM reshuffles cabinet

The Prime Minister of India announced a reshuffle and reallocation of portfolios in his ministry. RTN gives your the new ministers and their new portfolios: CABINET MINISTERS: 1. Shri Praful Patel : Heavy Industries and Public Enterprises 2. Shri Shriprakash Jaiswal : Coal 3. Shri...