Stocks of the telecom companies rose on Wednesday on the buzz of consolidation in the sector. Reliance Communications stocks were up by 11 per cent, Idea by 8.97 per cent and Bharti Airtel by 5.16 per cent.

After becoming the first woman to preside over the Lok Sabha, Meira Kumar has left her mark in her first year in office.
Ms Kumar, who will be completing first year in office on Thursday (June 3), has not only brought the temperatures down in the Lok Sabha but tried to create an atmosphere in which seniors and juniors, veterans and the back benchers feel comfortable.

Wind energy major Suzlon, which slipped in the red during FY10 is likely to see tough times persist for a while, say analysts tracking the company.
Alternative energy has been one of the big casualties of the recession as companies globally cut spending on this front during the crunch.

Failing to get them together on board to work for the party in the poll-bound Bihar, Congress president Sonia Gandhi on Wednesday removed both PCC chief Anil Sharma and AICC in charge Jagdish Tytler from their posts. Low profile AICC secretary Mehboob Ali Kaiser and national general secretary Mukul Wasnik have replaced Mr Sharma and Mr Tytler respectively.

Britain, which is facing an acute shortage of junior doctors, is keen to recruit doctors from India, a traditional supplier of doctors for the National Health Service.

Former Jharkhand chief minister and BJP national secretary Arjun Munda on Wednesday alleged that the imposition of President’s Rule in his state was an attempt by the Congress to perpetrate its “proxy rule” there.

Tata Motors on Wednesday inaugurated a factory that will produce its super-cheap compact Nano car. The new factory, at Sanand in Gujarat will allow the company to deliver the world’s cheapest car in significant numbers. The new facility has been completed almost two years after violent protests derailed the company’s earlier plan to set shop in West Bengal.

The CPI(M) on Wednesday accepted its defeat by the Trinamul in the West Bengal civic polls, but tried to put up a brave front by maintaining that the reverses faced by the party in the Lok Sabha polls have been “arrested” if not reversed. The reasons behind the CPI(M) led Left Front government’s defeat at the hands of the Trinamul are

B. Suresh-trained Savannah Fleet, ridden by Venkatesh, won the Coonoor Cup, the chief event of the races held here on Wednesday.
The results:

Claiming that the difference between party and its Kadappa MP from Andhra Pradesh over his “Odarpu” yatra is a domestic affair, the Congress on Wednesday said that the party was capable of handling the issue.