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L&T bags Rs 6,897-cr order from Mahagenco
Engineering and construction company Larsen & Toubro today said it has bagged an order worth Rs 6,897 crore from Maharashtra State Power Generation (Mahagenco) for manufacturing turbine generator units.

Not the right medicine
Business Standard / New Delhi November 03, 2009, 0:43 IST

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DoT wants telcos to share info with auditors on time
The government has written to telecom operators, Bharti Airtel, Idea Cellular, Vodafone and Tata Teleservices, asking them to be punctual in sharing information with special auditors looking into revenue leakage.
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SC restores powers to Prasar Bharati CEO

In a relief to Prasar Bharati CEO B S Lalli, the Supreme Court today restored to him the executive powers taken away by a recent order of the Delhi High Court. - Sibal bats for teaching Hindi in all schools - BSE launches BSE IPO index - "PPPs today are nothing but business deals" - SC pulls up Ranbaxy for delayed raising of refund issue - PFRDA working on corpus mgmt scheme for corporates - SC notice to Centre, CBEC on Hindustan Coca-Cola"s plea The apex court stayed the July 27 order of the High Court that directed that the day-to-day work of the public broadcaster would be handled by a three-man team consisting the CEO, Member (Finance) and Member (Personnel) of the board jointly. A bench headed by Chief Justice K G Balakrishnan partially allowed Lalli"s challenge to the High Court order with regard to his powers and said that he would function as per the Prasar Bharati Act which states that the CEO shall exercise powers delegated by the board. At the same time, the apex court did not interfere with another part of the High Court order directing an enquiry by the Central Vigilance Commission (CVC) into alleged financial irregularities in the Prasar Bharati Corporation. Infact, Lalli also sought such a probe before the Supreme Court. The court then directed that the CVC probe as well as a special audit of Prasar Bharati be completed within six weeks.


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