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Monday, January 17, 2011

Business News

  • Godrej Properties net falls 12% to Rs. 15.5 cr.
  • Telemarketer registration starts

Godrej Properties net falls 12% to Rs. 15.5 cr.

Godrej Properties net falls 12% to `15.5 cr Realty firm Godrej Properties Ltd on Friday reported a 12% fall in consolidated net profit at `15.51 crore for the October December quarter. The company had recorded a `17.63 crore net profit in the corresponding quarter a year ago, it said in its statement to the Bombay Stock Exchange. Income from operations, however, went up to `48.17 crore from `34.61 crore in the year ago period.
DEVESH CHANDRA SRIVASTAVA

Telemarketer registration starts
The Telecom Regulatory Authority of India (Trai) on Friday said it will start online registration of telemarketers from Saturday.
New telemarketers have to pay a registration fee of `1,000 and customer education fee of `9,000, while existing telemarketers just have to pay the customer education fee. The registration will be valid for a period of three years unless revoked earlier. Other provisions will come into force on 1 February.
Last year, Trai had come out with guidelines to stop unsolicited telemarketing calls and SMSes.
Trai had said a hefty penalty of up to `2.5 lakh will be imposed for violation of telemarketing guidelines, which could be followed by blocking repeat offenders' connections.