New Delhi, Apr 29: India''s top mobile operator, Bharti Airtel, sees its current operating margin as sustainable, director Akhil Gupta said on Wednesday.
"I think anything around 40 per cent is pretty decent with this bond. But of course, if you do anything more in terms of converting opex into capex or vice-versa, this ratio can change," said Gupta.
Bharti, which announced its March quarter results earlier, recorded an operating margin of 40.7 per cent in the March quarter.
ABB, a leader in power and automation technologies, has secured substation orders worth Rs 425 crore from Powergrid, Country's largest power distributor, to boost capacity and help improve grid reliability.
The scope of contract includes design, supply, installation and commissioning of 765/400 kilovolt (kV) substations at Agra (Uttar Pradesh), Wardha (Maharashtra), Bilaspur and Seoni (both Madhya Pradesh), and of a 400/220 kV substation at Palakkad (Kerala).
The projects are expected to be completed by mid-2011.
After a delay of nearly one and–a half-year, Diversified group Videocon has finalized May 1 as commercial launch date of its DTH Services.
Giving information regarding latest venture, a company official said, the platform has been named "D2H" and will be offered through its subsidiary Bharat Business Channel Ltd (BBCL), which is a media arm of Videocon Group.
The company with the launch of its service will become sixth DTH operator in the market, along with Dish TV, Tata Sky, Airtel, Big TV and Sun TV.
According to Reuters’ report, the world’s mobile phone bigwig Nokia intends slashing another 450 jobs in its services business, IT support and industry collaboration. The move depicts Nokia’s attempt to reduce costs in the face of the weak demand.
Around 360 workers will be laid off in Nokia’s Internet Services division, as the company folds operations into Ovi Store, which is its content storefront for its May-scheduled mobile devices.
Berlin - The Canadian-Austrian car parts supplier Magna presented the German government Tuesday with the outline for an Opel bailout proposal. German Economics Minister Karl-Theodor zu Guttenberg said Magna had laid out an "initial interesting rough concept," at a face-to face meeting in Berlin.
The next step was to underpin the draft with clear facts and figures, the economics minister added.
New Delhi, Apr 29: India''s top mobile operator, Bharti Airtel, sees its current operating margin as sustainable, director Akhil Gupta said on Wednesday.
ABB, a leader in power and automation technologies, has secured substation orders worth Rs 425 crore from Powergrid, Country's largest power distributor, to boost capacity and help improve grid reliability. 
After a delay of nearly one and–a half-year, Diversified group Videocon has finalized May 1 as commercial launch date of its DTH Services.
According to Reuters’ report, the world’s mobile phone bigwig Nokia intends slashing another 450 jobs in its services business, IT support and industry collaboration. The move depicts Nokia’s attempt to reduce costs in the face of the weak demand.
Berlin - The Canadian-Austrian car parts supplier Magna presented the German government Tuesday with the outline for an Opel bailout proposal. German Economics Minister Karl-Theodor zu Guttenberg said Magna had laid out an "initial interesting rough concept," at a face-to face meeting in Berlin. 
