State-run telecom operator Bharat Sanchar Nigam Ltd (BSNL) will expand its third-generation (3G) network across Orissa by the year-end, a senior company official said Sunday. BSNL launched 3G services, a mobile communications system that enhances performance of multimedia applications, high speed mobile broadband and Internet access, in the state March 25.
Currently, the service is available [...]

Shivnath Thukral, Business Editor for NDTV quits. After being associated with the broadcasting group for around 14-years now, Thukral now moves forward to explore a new phase of his career.
Thukral’s movement from the NDTV group marks a high-level exit. He joined NDTV in 1995 as a reporter. From being a reporter, he rose to the [...]

ICICI Bank, has shot off a legal notice to Mandeep Maitra, a senior official of HDFC Bank, for airing views on ICICI in a business magazine. Mandeep Maitra, who is the head of human resources at HDFC Bank, told the magazine that she was careful in hiring people from ICICI Bank simply because she did [...]

Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT) today announced the appointment of Martha Bejar as President, Global Sales and Operations. In her role as global head of sales and operations, Martha will focus on the global “Go to Market” strategy, drive revenue growth and leverage on Wipro’s strength in innovation, technology, [...]

Capital markets regulator has on Thursday approved the concept of anchor investor under which an investor can subscribe up to 30 percent of the quota for institutional investors in an initial public offering.
Chairman C.B.Bhave told mediapersons, “This is in response to (the) requests of issuers that there was a need for investors with prior commitment [...]

India’s Satyam Computer Services has on Thursday said that it plans to put about 7,000 to 10,000 staff on “virtual pool” as part of the fraud-hit outsourcing firm’s strategy to manage excess staff and cut costs.
The staff has been put on virtual pool will get part of their salary for up to six months, effective [...]