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JSW Energy gets SEBI nod for public issue
JSW Energy, a part of Jindal South West (JSW) group headed by Sajjan Jindal, has received SEBI (Securities & Exchange Board of India) nod for IPO (initial public offering).

Indian cities still hot for outsourcing
But countries like Canada, Poland, Vietnam are honing their skills

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Govt can frame guidelines for DPCs: CAT
The Central Administrative Tribunal (CAT) has held that government can frame guidelines for departmental promotion committees (DPCs) and judiciary will not question its validity so long as it provides level playing field for all candidates.
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Telcos added 44.2 million subscribers in July-Sept

Telecom service providers have added 44.21 million new subscribers in the quarter ended September 2009. - Govt gets nod to offload 10% in BSNL - Karbonn leaves its print on the handset market - Amid telecom tariff war, PMO looks for best option - Samsung eyes 30% share in CDMA market - Apalya Tech to make overseas foray in FY11 - BSNL extends time for VAS bids The average revenue per user (Arpu) for GSM operators declined by 11.3 per cent, from Rs 185 in quarter ended June to Rs 164 in quarter ended September. For CDMA operators, Arpu declined by 3.8 per cent, from Rs 92 in the June quarter to Rs 89 in the September quarter, according to the quarterly report released by the Telecom regulatory Authority of India (Trai). The minutes of usage per subscriber for GSM operators continued to show a declining trend. It decreased 6.68 per cent, from 454 in the June quarter to 423 in the September quarter. The outgoing minutes of usage declined by 6.8 per cent and incoming by 6.5 per cent. For CDMA operators, minutes of usage per subscriber fell by 9.8 per cent, from 342 in the June quarter to 308 in the September quarter. The outgoing usage declined by 9.2 per cent and incoming by 10.5 per cent. The gross revenue of the operators has slipped marginally by 0.65 per cent during the period. Telecom operators have garnered a gross revenue of Rs 38,854.65 crore in Q2, slipping 0.65 per cent from the quarter a year ago. The subscriber base grew 9.51 per cent during the period, to 509.03 million from 464.82 million in the quarter last year. The combined wireless subscriber base (GSM and CDMA) grew to 471.73 million from 427.3 million, while the wireline subscriber base slipped to 37.31 million in the period. The overall teledensity (connections per 100 people) reached 43.50 as on September 30.


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