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Govt to license cable operators

Ending over 17 years of unregulated growth, the government will soon make it mandatory for all the 60,000 cable operators offering services in about 80 million homes to obtain a five-year licence by paying a one-time entry fee... more »

One-month relief for Ranbaxy

Drug-maker filed response in US court yesterday. ??Under fire in the United States for giving distorted information on the generic drugs it sold, Ranbaxy Laboratories today said that it will file all relevant information within a month after which the legal case initiated against it by the US government will be withdrawn. .. more »

PMO forwards Amar's spectrum suggestion to DoT

Last year, RCOM chairman Anil Ambani had written several letters to both PM and the communications ministry on exactly similar lines. Sins gadget lovers commit.. more »

GM to cut jobs, sell assets, raise cash to survive

GM announced a plan to cut costs by $10 bn, suspend its common stock dividend and sell up to $4 bn in assets. Audi A4 in pics I BMW-5 series in pics.. more »

Ministry asks oil cos to put on hold new retail fuel outlets

Government has asked state-run oil firms to stop indiscriminate setting up of petrol pumps in the country as it was one of the reasons for mounting revenue losses on fuel sales... more »