Don't see regulatory obstacle in deal with MTN: Mittal.Bharti has said it does not forsee any regulatory obstacle to its proposed mega telecom deal with South African MTN as the FDI in the company is well below the prescribed 74 percent limit.
Posted on: 31-05-2009
Tata Motors net halves to Rs 1,001 crore in FY09Tata Motors, India\'s largest automobile company by revenue, today posted a drop of 50 per cent in net profit for the last financial year as demand for heavy trucks.
Oil hovers above 60 dollars in Asian tradeOil hovered above 60 dollars a barrel in Asian trade on Tuesday ahead of an OPEC meeting later this week and continued unrest in key oil exporter Nigeria.
Sensex sheds 240pts; Tata Motors zooms 19%The Sensex today opened up 71 points at 14,231. The index soon slipped into red but however managed to recover and touch a high of 14,405 in late morning trades
Posted on: 20-05-2009
Financial pressure eases on Tata MotorsFinancial pressure on Tata Motors has eased due to improvement in the automobile market and inflow of funds from bookings of its small-car Nano,
