Briefly Business : Sebi mulls steps to check rigging via BBM,WhatsApp

Amid a large-scale usage of smartphone messaging services like BlackBerry Messenger (BBM) and WhatsApp by manipulators to spread sensitive information about their target stocks,market watchdog Sebi is mulling over steps it can take to check risks being posed by these new-age mobile applications.

New Delhi:Amid a large-scale usage of smartphone messaging services like BlackBerry Messenger (BBM) and WhatsApp by manipulators to spread sensitive information about their target stocks,market watchdog Sebi is mulling over steps it can take to check risks being posed by these new-age mobile applications.

GoM on BSNL,MTNL to meet on May 10

New Delhi:The Group of Ministers (GoM) on BSNL and MTNL is likely to hold its first meeting on May 10 to discuss ways to revive the two loss-making public sector telecom companies. The GoM will decide on the future of BSNL and MTNL. Its recommendations will go to the Cabinet for the final decision, a government official said.

GoM on coal regulator may meet this week

New Delhi:The inter-ministerial panel,which is to decide on the setting up of regulatory authority for the coal sector,is likely to meet on May 7,a coal ministry official said.

Suzlon eyes $400 mn from selling assets

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Mumbai:Worlds fifth largest wind turbine- maker Suzlon Energy is planning to raise up to $400 million by selling 15 of its non-core assets in a bid to partly retire the huge debt pile of nearly Rs 14,600 crore,a top company official has said.

Travel agents to down shutters on Tuesday

Mumbai:Booking an air ticket on Tuesday is likely to be tough,as thousands of travel agents,affiliated to the Travel Agents Association of India (TAAI) have decided to shut business for a day to protest lack of transparency in airfares.

‘Why weren’t TVK leaders told it wasn’t right day for a big event’: Cong MP Jothimani

Political Pulse5 hr ago

A stampede at TVK founder Vijay's rally in Karur led to the death of 40 people and injuries to many. Congress's Karur MP Jothimani identifies overcrowding, poor planning, and the timing of the event as possible causes. She recommends setting clear guidelines for political gatherings and consulting all parties to prevent similar tragedies.

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