Briefly Business: Plan panel to meet state power ministers today

The Planning Commission has called a meeting of state power ministers to address issues of fuel shortages facing the sector and the weak financial health of discoms

Written by Press Trust Of India | Published: July 17, 2012 2:31 am

Plan panel to meet state power ministers today

New Delhi: The Planning Commission has called a meeting on Tuesday of state power ministers to address issues of fuel shortages facing the sector and the weak financial health of discoms.

Pipavav Port raises R350 crore via pvt placement

mumbai: Gujarat Pipavav Port on Monday said it has raised Rs 350 crore through a mix of qualified institutional placement and preferential issue of shares.

RIL buys back shares worth R2,512 crore

New Delhi: Reliance Industries has repurchased shares worth Rs 2,512 crore from its shareholders making it the country’s biggest share buyback programme ever.

ITV Media and associates acquire NewsX

new delhi: Information TV (ITV) that operates Hindi news channel India News has acquired English news channel NewsX for an undisclosed sum.

DoT gets 10 days more for Qualcomm plea reply

new delhi: TDSAT has given 10 days more to the government to reply on Qualcomm plea against DoT’s reducing validity of wireless broadband spectrum allotted to it.

France calls Luxembourg against ArcelorMittal

Luxembourg: France urged Luxembourg on Monday to help build a united front against steel-maker ArcelorMittal’s continuing closure of sites across Europe.

Vodafone files plea against spectrum clause

new delhi: Vodafone on Monday moved TDSAT challenging a DoT’s guideline that directs existing players to pay the amount to be discovered through spectrum auction for being able to use any technology for providing services.

Sistema seeks Prime Minister’s intervention

new delhi: To protect its $3 billion investment in India,Sistema has sought the Prime Minister’s intervention to ensure that its interests are not disregarded during the formulation of policies.

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