Minister of Communications and Information-Technology, A Raja has indicated that the much waited auction of third generation (3G) spectrum could be delayed by 10-15 days.
The auction, which was initially planned to be held in December this year, has now been deferred to be conducted on January 2009.
Speaking on this, Mr. Raja said, “We will try to complete it by December 31. However, because of Christmas and holidays, we could postpone it for another ten days. However the deadline is December 31, subject to a little changes.”
Indian equities continued to trade in the negative terrain on fears over lower earnings.
The 30-share index BSE Sensex ended on a highly negative note yesterday with some major corporate houses declaring disappointing quarterly figures.
Asian markets weighed the depressing outlook. Realty, metal, IT, oil & gas and power stocks that had bounced back fairly strongly yesterday after recent huge losses, are back in the red again on account of heavy selling action.
BSE Midcap and Smallcap declined 2.02% and 1.59% respectively.
In the ongoing Indian Cricket League 20s Indian Championship, Chennai Superstars on Tuesday defeated Hyderabad Heroes by 18 runs at Sardar Patel Stadium. Chasing a victory target of 161 runs in the allotted 20 overs, Hero’s led by Chris Harris could score only 142 runs for the loss of 9 wickets.
Super Talent Technology Corporation, a top maker of Flash storage solutions and DRAM memory modules, has made announcement about the launching of a new family of high performance, feature rich Luxio USB drives in capacities up to 64GB.
A 64GB Luxio drive can store up as many as 20,000 six megapixel photos or 16,000 MP3 songs.
Moreover, Luxio drives are housed in a sleek 21 x 76 x 10 mm UV coated ABS/PC case with chrome plated zinc trim. All models contain advanced AES-256 hardware encryption as a standard feature for quick, convenient data security.
Available in three different colors including black, silver and wood grain, Luxio drives are packaged in an stylish gift box and also include a custom made black leather carrying case.
New Delhi - India on Wednesday launched its first mission to the moon with a "perfect" lift-off of the unmanned Chandrayaan-1 spacecraft, placing the country among a select group of nations that have sent lunar missions.
The 44-metre tall Polar Satellite Launch Vehicle (PSLV C11)rocket carrying the Chandrayaan probe lifted off at 0622 local time (0052 GMT) from the Satish Dhawan Space Centre in Sriharikota,
80 kilometres north of the southern Chennai city.
The Indian Space Research Organization chief G Madhavan Nair described it as a "historic moment."
Minister of Communications and Information-Technology, A Raja has indicated that the much waited auction of third generation (3G) spectrum could be delayed by 10-15 days. 
Indian equities continued to trade in the negative terrain on fears over lower earnings.
In the ongoing Indian Cricket League 20s Indian Championship, Chennai Superstars on Tuesday defeated Hyderabad Heroes by 18 runs at Sardar Patel Stadium. Chasing a victory target of 161 runs in the allotted 20 overs, Hero’s led by Chris Harris could score only 142 runs for the loss of 9 wickets.
