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India Business-Business-The Times of India
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News from India by India number one website
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100 million new mobile users in 1 year
India's wireless subscriber base has witnessed a blistering growth of 54 per cent over the past one year by adding over 100 million new users into the mobile club.
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Q2 growth rate likely to be 8.5 %: Barclays
The Indian economy is expected to perform better in the second quarter (July-September 2008) and is likely to record a growth rate of 8.5 per cent, up from 7.9 per cent witnessed in the first quarter.
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DoT may allow spectrum sharing
In a major development, the government is considering allowing spectrum sharing between two mobile operators.
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Overseas offices to pay tax in India
Foreign companies providing connectivity and other technical services to domestic call centres through their overseas offices are liable to pay tax on their income in India.
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Microsoft seeks India patent
Microsoft Corp is seeking an exclusive patent in India for an electronic data snapshot generator, which has been co-invented by an Indian associated with.
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India Inc hails NSG waiver, sees $40 bn potential
Indian and foreign firms are seen as the beneficiaries of the verdict in Vienna where the 45-member NSG decided to resume civilian nuclear commerce with India.
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Govt allows export of 'Pusa 1121' rice
India has allowed the export of the Pusa 1121 variety of rice from Oct 15 this year. This variety is exported mainly to the Gulf countries.
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'Imperial deal in 4-5 weeks'
Oil & Natural Gas Corp, India's biggest exploration company, may complete the acquisition of the UK's Imperial Energy in four to five weeks, oil minister Murli Deora said, without elaborating.
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Sebi seeks investment cap hike in bourses
Market regulator Securities and Exchange Board of India has proposed to raise individual holding limit in stock exchanges to 15% for certain types of entities from the existing 5%.
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'Sony, Nokia, HP, ICICI most popular brands'
Which are the top brands that people chose and depend on when they opt for a product or service.
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