Briefly Business: FM to meet CMs of southern states, PSU bank chiefs

FM to meet CMs of southern states, PSU bank chiefs

New Delhi: Finance Minister P Chidambaram will meet chief ministers of southern states and heads of public sector banks on Tuesday in Bengaluru.

Sistema narrows loss to R495.4 crore

new delhi: Sistema Shyam Teleservices has said its net loss has narrowed to Rs 495.4 crore for Q3 on account of favourable exchange rate of rupee.

EGoM on telecom to meet within a week

new delhi: The EGoM on telecom will meet in a week in the backdrop of lukewarm response to the 2G spectrum auction.

MCX conducts mock trading session

mumbai: MCX-SX on Monday conducted mock session for its capital market segment.

RBI asks banks not to lend for gold purchase

mumbai: The RBI has directed banks not to give loans for purchase of gold in any form.

FinMin to decide on IKEA's FDI proposal

new delhi: The finance ministry is likely to take a decision on Tuesday on IKEA's Rs 10,500 crore investment plan.

RCap in talks for stake sale in insurance arm

mumbai: Reliance Capital has begun talks to sell 26% equity in its general insurance arm to a foreign partner.

Intel CEO to retire as chipmaker struggles

new york: Intel Corp said on Monday that CEO Paul Otellini will retire in May.

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