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Sensex losers, gainers this week
It was a tough week for Indian shares as the BSE Sensex fell nearly 3 percent and the Nifty lost 3.3 percent as U.S. Fed chief Bernanke’s suggestion that stimulus measures may be scaled back at one of their next few meetings dented sentiment. Here's a look at the top Sensex losers and gainers. Full Article
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Sistema says Indian licences extended until March 11
MOSCOW |
MOSCOW (Reuters) - Russian oil-to-telecoms conglomerate Sistema said on Monday the licences of its Indian mobile subsidiary had been extended until a further Supreme Court hearing on March 11.
The court last year ordered the cancellation of 122 telecoms licences held by eight operators, including Sistema's SSTL, because of alleged irregularities in the way they were awarded in 2008, but Sistema asked to court to review the order.
(Reporting by Maria Kiselyova; Editing by Douglas Busvine)
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