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Business
2G Spectrum Auction fetches Rs 9,407 Crore
TNI Bureau: The much-awaited 2G spectrum auction failed to evoke any good response, as only Rs 9,407 crore were collected against the government's estimates of Rs 40,000 crore.
During the two-day auction, bids were received only for 98…
BSE Sensex ends in Red during Muhurat Trading
TNI Bureau: For the first time since 2007, the BSE Sensex failed to bring cheer to the investors on the Muhurat Trading day on Diwali. The Sensex fell by 0.3%.
The sensex fell by 52 points to close at 18,618.87 points at the close. The…
From 2015, India not to receive Financial Aid from UK
TNI Bureau: The growing domestic pressure forced the British Government to announce the stopping of financial aid to India from 2015. The UK government will continue to provide all assistance as per the promises made earlier, but till 2014.…
UK-based Diageo Plc buys 53.4% Stake in United Spirits
TNI Bureau: Is Vijay Mallya going bankrupt because of the turbelence in Kingfisher Airlines? May be too early to predict, but Mallya-owned United Spirits has sold 53.4% stakes to UK-based Diageo Plc. The deal has been finalised at Rs…
Markets in India, US fail to cheer Obama’s Victory
TNI Bureau: The BSE Sensex fell by over 150 points in the opening trade this morning, taking a cue from the global market, including the Wall Street. The Wall Street witnessed its sharp fall after Barack Obama was re-elected as the US…
Marcaria Holidays launched in Odisha Market
TNI Bureau (Press Release): Marcaria Holidays India Pvt. Ltd., has entered the market with the aim of providing best services to the customers at a reasonable price. Marcaria has a vision of highlighting the tourist sites, pilgrimage places…
Indian Carmakers shows signs of Recovery in October
TNI Bureau: Indian auto market, which was slowed down for a while because of high interest rates as well as the big price rise of fuel, has revived up to some extent as achieved a better-than-expected sales in the festive season, in October…
Poll Dillema: LPG Price Hike put on Hold
TNI Bureau: Under pressure from the opposition, allies and people in Gujarat and Himachal Pradesh, which are going to the polls this month, the government has directed the oil companies to put the Rs 26.50 hike on unsubdizised LPG cylinders…
India in Top-5 Global Investment Destinations: Survey
TNI Bureau: India has now emerged as one of the top five investment destinations in the world, primarily because of large market size and high customer potential, says a survey.
The consulting firm BDO Global Market Opportunity Index…
Telenor chooses Sudhir Valia as Partner in India
TNI Bureau: Norwegian telecommunications group Telenor has chosen a low-profile local businessman Sudhir Valia as its new Indian partner to expand its empire in the country after terminating the joint venture with Unitech Ltd.
The firm…