Meeting street expectations, IT major Wipro today reported a 10 per cent rise in the third quarter consolidated net profit at Rs 1,456 crore, aided by a weak Rupee and steady demand. Revenues of the

The World Bank said it expected the Indian economy to grow by just 6.8 per cent in the current financial year, significantly lower than the 7.25-7.75 per cent pegged by the finance ministry, as the

Regulator puts price at average of 1.65 times 3G cost; Sibal's approval needed for rollout. In a move that would have a serious financial impact on telecom companies, the Telecom Commission has

The income tax department has slapped a Rs 1,067-crore demand notice on telecom giant Bharti Airtel for alleged non-payment of Tax Deducted at Source (TDS) dues in the past four financial years in

The Income Tax Department is seeking 10.67 billion rupees from Bharti Airtel, the country's top mobile phone carrier, for non-payment of taxes related to its overseas operations, the Press Trust of

Cash-rich Reliance Industries whose stock price has been battered over the past year, will consider a share buyback on Friday, the company said, sending its shares up as much as 4 percent in early

A key group of ministers on Tuesday reached a consensus on allowing foreign airlines to buy up to 49 per cent stake in Indian carriers. Foreign carriers are not currently allowed to directly or

Coal India is crucial for India's future. To grow GDP at nine per cent, energy consumption has to grow by six per cent. Two-thirds of this energy demand is met by coal, and Coal India accounts for 70

Coal India posted a 68 per cent rise in profits in the first half of current fiscal (ended September) on the back of delays in new projects and a 12 per cent decline in production. What can explain

India Inc is feeling the pinch as dollar liquidity dries up. With European banks retrenching, Asian competitors are picking up the slack. It's nice to have options but Chinese funding is still seen as