The Bill has been hanging fire due to inter-ministerial differences on the issue of outsourcing the BIS's licencing job to private players.
The planned offer by the two state-run Indian companies will beat a $1.76 billion bid by Thai state-controlled oil and gas group PTT and Royal Dutch Shell Plc's offer worth $1.6 billion earlier this month.
Oil prices held near a 10-month high on Monday due to supply concerns as tensions over Iran's disputed nuclear programme worsened.
The microfinance company has already drawn down the first tranche of Rs 78.7 crore
It is expected to fall short of its record profits of $24.2 billion in 2007, but top all other western banks that have reported for last year, including US rival J.P. Morgan.
It is not only India which has witnessed an upsurge in investment, equity funds focused on all emerging markets put together have seen an inflow of over $24 billion in 2012.
Spot gold hit a three-month high of $1,781.40 an ounce on Wednesday, rising for a third day in a row on factors including agreement on Greece's bailout and hopes on further monetary easing.
Subex, however, neither disclosed name of the African company nor the exact size of the deal.
The 50-share NSE index was unchanged at 5,505.10. In the broader market, there were nearly 2 losers for every gainer on volume of more than 214 million shares.<br /><br /> <br /><br />
Bharti said it had no notice or details of any action by Econet seeking damages, but termed claims "grossly untrue and misleading".
India imports nearly 80 percent of the oil it consumes and refiners are the biggest buyers of dollars in the currency market.
Gold has been seesawing in the range between $1,700 and $1,760 since late January, tracking Greece's torturous path to securing the bailout.
Former Google CEO Eric Schmidt plans to sell up to 2.4 million shares of stock currently worth nearly $1.5 billion.
Gold, on course for a weekly rise of 0.8 percent, has moved in the range between $1,700 and $1,760 since the beginning of the month, closely tracking the progress and setbacks in Greece's struggle.
Rcom will benefit from extended loan maturity of seven years and attractive interest cost of about five percent.
On issue of base price for spectrum auction, Vodafone did not mention the minimum bidding price but said the reserve prices applied in the 3G/BWA auctions were high, but not unreasonable.
According to a company presentation, the Evoque, which the company began delivering in September, accounted for 30 percent of Land Rover's 65,287 retail sales in the quarter.
Reliance Infrastructure has bought back total shares worth Rs 234.32 crore under a share buyback programme that had begun on April 11 last year.
After a weak opening, DLF's shares dropped further by 5.15 percent to Rs 218.80 on the BSE. Similarly, on the NSE, the stock tanked 5.37 per cent to Rs 218.50.<br /><br /> <br /><br />
During the quarter, Britannia's volume grew 6.5 percent.
The earnings were marred by foreign exchange losses and increased raw material costs.
Following the Supreme Court order that cancelled 122 2G licences, terming them illegal, the telecom ministry is likely to send letters to new operators for termination of their licences.
Backed by sovereign wealth from oil-producing states, Gulf carriers have been on an aggressive acquisition drive in Europe, picking up stakes in debt-ridden airline companies.
The BSE Sensex fell 0.2 percent as investors locked in gains after a recent rally and awaited Greece's debt talks to reach a deal and avoid a messy default.
JPMorgan's settlement in principle was disclosed in a filing on Friday with the US district court in Miami.<br /><br /> <br /><br />
Fourth-quarter sales of POSCO rose to 10 trillion won from 9.2 trillion won a year earlier.<br /><br /> <br /><br />
The separate Company into which Fortis Healthcare's non-core business will be hived off is likely to be listed on the Singapore Stock Exchange as a business trust to raise about Rs 1,500 crore. <br /><br /> <br /><br />
Hutchison will sell select assets of the company to Telekom Austria for 390 million euros.<br /><br /> <br /><br />
Beating market expectations, IT firm Mahindra Satyam today reported five-fold rise in profit after tax (PAT) to Rs 308 crore for the quarter ended 31 December.
Starbucks Corp reported a quarterly profit that topped Wall Street's view, but its shares fell as investors in the world's biggest coffee chain focused on softness in Europe rather than strength in the United States.