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BSNL places order with Huawei for expansion; no fresh bids
State-run telecom operator Bharat Sanchar Nigam (BSNL) today said it has placed purchase order for mobile equipment for 20 million GSM lines for the south zone with Chinese firm Huawei and will not call for any fresh bids.

ECB leaves key interest rates unchanged
The European Central Bank (ECB) today retained the benchmark rates, continuing with its low interest rate regime to boost the region"s economic recovery.

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Tata Sons wins cybersquatting case against MakeMyTrip
Tata Sons, the holding company of the Tata Group firms, has won a case at the World Intellectual Property Organisation against the travel portal, MakeMyTrip, which has been using the term "tata" in one of its website, "oktatabyebye.Com".
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Reliance Power profit rises 26%

The Anil Dhirubhai Ambani Group’s Reliance Power today reported a 26.45 per cent rise in its third quarter consolidated net profit at Rs 133.64 crore, against Rs 105.68 crore in the year-ago period. - PTC Q3 net dips 33% to Rs 15 cr - Oracle Financial Services Q3 net dips 14% to Rs 227 cr - Glenmark Pharma net up 15.5% - Lupin"s consistent growth continues - Apollo Tyres net, sales surge - GMR Infra net down 85% Its consolidated total income rose to Rs 179.15 crore for the December quarter from Rs 131.30 crore a year ago, Reliance Power said in a filing to the Bombay Stock Exchange. On a standalone basis, the company posted a net profit of Rs 61.13 crore during the third quarter of this financial year, while it was at Rs 107.07 crore during the same quarter last year. Shares of Reliance Power today settled at Rs 145.95, up 0.86 per cent on the BSE.


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