2. DoT refuses to answer 2G questions The department has told the Comptroller and Auditor General, or CAG, that it would not respond to further queries on the award of frequency spectrum to a new set of telecom operators in 2008 because these were policy decisions. The move sets up a possible confrontation with regulatory bodies investigating various decisions by A Raja, the telecom minister. The new pan-India licences issued in 2008 cost Rs 1,651 crore, a price fixed in 2001 when the mobile subscriber base was 45 million and industry valuations were poor. Nine companies were issued licences in a process that was controversial from the very beginning.
3. ReadIndia restores pride with Games opening show | 5:52pm EDT Company stops insuring titles in Chase foreclosures 1:15pm EDT UPDATE 6-China's Wen offers to buy Greek debt 02 Oct 2010 Countries reach tentative anti-counterfeiting pact 02 Oct 2010 Microsoft hopes to bury iPhone, Android 02 Oct 2010 SharedU.S. warns of possible attacks in Europe 2:08pm EDT UPDATE 6-China's Wen offers to buy Greek debt 02 Oct 2010 Microsoft hopes to bury iPhone, Android 02 Oct 2010 Company stops insuring titles in Chase foreclosures 1:15pm EDT China's Wen supports stable euro ahead of EU summit 9:35am EDT WatchedPictures of the month Thu, Sep 30 2010Red faces over top model gaff Tue, Sep 28 2010Prints reveal NY’s wild 70’s period Thu, Sep 30 2010Report Title Price SATYAM COMPUTER SERVICES LTD ADS (SAY=US) 2-weeks forecastProvider: Pechala's Reports$10.0BuySatyam Computer Services Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.Provider: Reuters Investment Profile$20.0BuySatyam Computer Services Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.Provider: Reuters Investment Profile$20.0BuyNYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.Broker Center Special Advertising Feature India's Mahindra Satyam posts loss for FY10 India's Mahindra Satyam (SATY.BO) on Wednesday reported a net loss of 1.25 billion rupees ($27.8 million) for the year ended March 2010, giving the first view of its financials almost two years after it was hit by India's biggest corporate fraud. Tech Mahindra, which bought Satyam in April 2009 and is operating it as an independent company, has said it can only merge the firm into the parent after the restated results for fiscal years 2009 and 2010 are announced.
4. Nokia loses its India plot, market share tanks 20% India’s 30,000 crore-a-year mobile handset market witnessed a skirmish between two big global names on Tuesday, with market leader Nokia disputing figures from influential research firm that showed its hold over the domestic market was weakening — and at an alarming pace. Nokia, which analysts say is struggling to compete at the top end against rivals such as Apple’s iPhone and devices, disputed IDC’s findings, saying there were flaws in the numbers.
5. Blackberry Maker RIM introduces tablet computer It might be called the PlayBook, but the new tablet computer from BlackBerry maker Research in Motion (RIMM) is all about business. The PlayBook boasts several features the iPad lacks, including front- and rear-facing cameras for teleconferencing and the ability to play online videos made with Adobe's (ADBE) Flash technology. It's also smaller and lighter, and comes with the same security features that made the BlackBerry popular (and sometimes unpopular) with governments and corporations.
