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Sunil Jain: Solving spectrum scarcity
Sunil Jain / New Delhi November 16, 2009, 0:07 IST

PE investments in South drops 64%
Private Equity (PE) investments into South India have dropped 64 per cent between April and September, 2009, to $626 million from $1752 million, during the same period last year. The number of deals fell 48 per cent. Among the four states in South, Andhra Pradesh had attracted the highest investment, in terms of value.

News of the day

Pharma, telecom, FMCG sectors may hike pay 12% in 2010
Driven by scarcity of talent and increasing competition, India Inc is expected to hike salaries in the new year with the pharma, telecom and consumer goods companies leading the space with up to 12 per cent pay hike, global consultancy Ernst & Young (E&Y) says.
Business Ideas

OVL joins hands with Raspol, Petronas for Venezuelan fields

Oil and Natural Gas Corporation has replaced Reliance Industries with Repsol YPF SA, Spain"s biggest oil company, and Malaysia"s Petronas to bid for Venezuelan oil blocks next month. ONGC Videsh, the overseas investment arm of state-run explorer, is likely to bid for the massive Carabobo project in Venezuela"s Orinoco heavy oil belt with Repsol, Petronas, Indian Oil Corp (IOC) and Oil India, sources in know said. OVL already has a 40 per cent stake in the 40,000 barrels per day San Cristobal oilfield in Venezuela.


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