DoT asks operators to stop 3G roaming. Who are the gainers?

Confused and intimidated by the amount of news hurtling at you everyday? Well, to make your life easier, here’s a quick round-up of the major local and international business and economic news events.

The Securities and Exchange Board of India yesterday announced two new ways for promoters to raise money from the public mainly to fulfill the government’s disinvestment target. So is Sebi the market watchdog or the government’s lapdog? Read on .

[caption id=“attachment_172438” align=“alignleft” width=“380” caption=“Not everyone is complaining about the Department of Telecom’s (DoT) decision to ask telecom operators to stop their 3G roaming pact. Reuters”]  [/caption]A story by the Economic Times on Wednesday confirms that India’s richest businessman, Mukesh Ambani’s name was on a list of Swiss bank account holders. But HSBC Bank says that his name got into it by mistake. Read more .

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India’s services sector grew at its fastest pace in five months in December, riding on a surge in new business and expansion in employment, but rising input prices will likely add to inflationary pressures in the coming months, a survey showed. Here’s the story .

In a bid to provide a level playing field to developers, reduce discretionary decision-making and bring in greater transparency in the real estate sector, the Maharashtra government on Tuesday announced amendments to the development control rules (DCR), claiming that it will benefit home buyers in Mumbai. No prizes for guessing who will pay for the extra cost.

Not everyone is complaining about the Department of Telecom’s (DoT) decision to ask telecom operators to stop their 3G roaming pact with immediate effect. Find out who gains from the ban on the 3G roaming pact.

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The government today approved Reliance Industries’ $1.529 billion investment plan for developing four satellite fields in the flagging KG-D6 block after sitting on the proposal for months. Here’s the story .

If the Basel III guidelines are implemented as per the proposed deadline set by RBI, banks will require up to Rs 2.7 lakh crore in fresh capital, says a research by the leading financial services firm Crisil. Read more .

Firstpost tries to make your life easier by offering you a list of stock recommendations from various brokerage houses. Today's list : Shoppers Stop, Infosys, Hindalco and Hexaware.

Will Bajaj Auto’s ultra-low-cost four wheeler, RE60, become a Nano (the small car launched by Tata Motors) killer? What is RE60 anyway: an auto, a car or a Nano killer?

What will happen to the television industry in 2012? In one word, ’lots’.It’s all down to The Cable Television Network (Regulation) Amendment Act, which came into force a fortnight ago. Read more .