YU will be run as a separate business, not as an extension, says Rahul Sharma.
The government recently announced a new formula for determining the price of natural gas, lowering it from $8.4 suggested by the C Rangarajan committee.
A monsoon deficit is likely to affect the agriculture output, which could have an impact on the food inflation
FY14 profit halves, dips to 4-yr low
The proposed company, Yu Televentures, will import handsets from China and sell in the Indian market.
In Bangladesh, a call drop has more to do with network quality, while in India it is linked to spectrum shortage.
According to BSE, Bharti Airtel's revenue (on a standalone basis, excluding that from foreign operations and their subsidiaries) stood at Rs 49,919 crore (Rs 499.19 billion).
The I-T department had said Vodafone India under-priced shares in a rights issue to its parent. The tax demand was for the two financial years ended March 2011.
For Facebook CEO Mark Zuckerberg, who visited the country for the first time in October, India might be one of his "priority markets".
Samsung has been facing competition from local mobile handset makers like Micromax, Lava and Karbonn but it has maintained its lead in smartphones.
The total demand has remained subdued mainly due to high interest rates and property prices.
But, unlike its competitors, it did not have a comprehensive infrastructure back-end and required fresh investments.
In his first interview after taking over as Philips India's vice-chairman and managing director, Krishna Kumar speaks to Business Standard on how the company is readying itself for the next few decades and the increasing importance of India to Philips' global operations.
The company reports profit of Rs 4500 crore in FY14, up from Rs 446 crore in FY10
At Gurgaon's Cyberhub, Starbucks had taken special permission to keep its outlet open till late night as consumers queued for the iPhone sale to begin.
Electricity generation has outperformed the industrial production index for five months in a row this financial year, even as the broader economy is struggling to grow.
In return, BSNL should be allotted 1.2 MHz in the 1800-MHz band in each circle, subject to some conditions.
The US is likely to have per capita GDP of $57,455, about 20 times India's, indicative of how far India will stand in about a decade.
The brand which has been endorsed by the likes of Paris Hilton, Kim Kardashian and Padma Lakshmi will open the first outlet in New Delhi next April.
The Canadian smartphone maker is banking on its platform-agnostic security and software products to make incursions in the market.
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