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Popular Articles

Handicrafts exports shrink 26% in May
India"s handicrafts exports contracted 26 per cent in May at $125 million compared to that in the same month last fiscal, but exporters expressed hope that the worst is probably over.

Caretel bags GSM call centre contract from MTNL
BPO services provider Caretel, a Dalmia group company, has bagged a two-year contract from state-owned Mahanagar Telephone Nigam Ltd (MTNL) to manage the latter’s call centre. The financial terms of the deal were not disclosed.

News of the day

Mamata, CPM heat on land, railways in LS
The row between the CPI(M) and its arch rival, the Trinamool Congress (TC), over land refuses to die. After the land acquisition issue played a crucial role in the 2009 Lok Sabha polls in West Bengal, it became a hot topic again today, as the CPI(M) and the TC locked horns during the Railway Budget discussion in the Lok Sabha.
Small Business

UTV Software to raise Rs 100 cr by issuing warrants to LIC

Media and entertainment firm UTV Software today said its board has approved to raise Rs 100 crore by issuing non-convertible debentures to Life Insurance Corporation of India. - UTV Software Communications June qtr net loss at Rs 23 cr - UTV to consolidate motion pix biz; to buy 23.18% in UK arm - UTV Software net profit declines 40% - UTV Software Comm Q4 net down 40% at Rs 11 cr - Three UTV Software promoters pledge 23% stake - Bell offers help to probe YSR"s chopper crash The board has also approved the appointment of Robert Gilby and Sanjay Purohit as additional directors, UTV Software said in a filing to the Bombay Stock Exchange (BSE). Gilby is the nominee of The Walt Disney Company (Southeast Asia) Pte Ltd and Purohit would be an independent director, the filing added.


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