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Telecom panel seeks clarity from TRAI

Telecom panel seeks clarity from TRAI

The Telecom Commission has directed the Department of Telecom to seek clarity from the Telecom Regulatory Authority of India (TRAI) on whether the regulator can impose penalty on the operators for violation for interconnect norms

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GAIL plans to raise Rs 750 crore through bonds issue

GAIL plans to raise Rs 750 crore through bonds issue

GAIL (India) Ltd is planning to raise Rs 750 crore in bonds via private placement to finance its ongoing projects. The company has decided to issue non-convertible bonds of up to Rs 750 crore with an option to double the issue size via private placement in one or more tranches, GAIL said in a statement.

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Siemens receives Rs 366 crore order from ONGC

Siemens receives Rs 366 crore order from ONGC

Siemens Ltd has announced that it has received an order worth approximately Rs 366 crore from Oil and Natural Gas Corporation Limited (ONGC). The order includes supply of material for overhauling of 18 power turbines through zero-hour overhaul and time-continued overhaul.