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Oversubscribed 2 times SAIL disinvestment offer bags Rs 1725 cr
2014-12-05 16:26:45| Steel - Topix.net
The government's plan to raise capital by disinvesting its stake in various public sector undertakings got off to a flying start on Friday, with its offer for sale of 5% stake in public steel sector firm Steel Authority of India Ltd getting oversubscribed by over two times mopping up Revenues from selling shares in state-owned companies is critical to the government's plans to keep the fiscal deficit -- shorthand for the amount of money the government borrows to fund its expenses -- at 4.1% of GDP in 2014-15. A shortfall in revenues may prompt the government to raise indirect taxes -- it has already done it twice in petrol and diesel in the last two months -- hurting prices.
Ericsson bags pan-India managed services deal with RCom
2014-12-05 01:00:00| Total Telecom industry news
Swedish vendor to take on field maintenance, network operations for telco's fixed and mobile infrastructure.
Tags: services
deal
managed
bags
Toyota recalls cars in Japan, China for air bags
2014-12-04 09:32:46| Automakers - Topix.net
Toyota is recalling 185,000 vehicles in Japan and 5,000 in Ch... Montana prosecutors are set to open their case against a Missoula man who shot and killed a high school exchange student from Germany inside the man's garage. Markus Kaarma's attorneys say he was defending his home against a prowler in his garage when he fired a shotgun late one April night, killing 17-year-old Diren Dede, a German exchange student at a Missoula high school.
Toyota to recall 190,000 cars in Japan, China over Takata air bags
2014-12-04 08:32:51| Automakers - Topix.net
Toyota Motor Corp will recall 190,000 vehicles in Japan and China to replace potentially defective front passenger-side air bags made by Takata Corp, the latest in a long line of recalls for the embattled auto safety parts supplier. The recall followed an unusual deployment of a Takata-made air bag in Toyota's 2003-model Will Cypha at a scrapyard last month, Japan's transport ministry said.
Bluefly's Sale Ends Today: Get 40% Off Rockstud Bags, Jimmy Choo Shoes, More
2014-11-27 16:25:37| Footwear - Topix.net
Ladies, there's no time to waste. Bluefly 's epic 5-day sale ends tonight and you really don't want to miss it.
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