The company will use the proceeds to part-repay its debt, which stands at Rs 34,000 crore (Rs 340 billion) even after the recent qualified institutional placement of its shares. An RCom board committee recently approved the sale of these assets.
Move to accelerate investments; Japan to have a share in corpus
The realty market has been reeling under declining sales, coupled with higher inventory, for the past two years.
Unlike Reliance Jio's focus on 4G, it plans to segment the data market based on device prices and spectrum.
FDI in the defence sector during 2000-2014 has been a meagre $4.94 billion, despite the total FDI flow into the country across sectors standing at $321.81 billion.
The market could see a fresh round of tariff war, similar to what happened in the voice market a few years ago.
Top companies added employees at 3% CAGR from 2003-04 to 2013-14, while revenues grew at 18%.
Experts say with a stable government, things will start improving but the impact might be visible only after six-12 months.
Senior government officials said the company would be allowed a harmonious exit.
Shift to new business model to help companies cut capital cost, increase margins.
Supertech also plans to file an SLP in the Supreme Court.
Components manufactured in India are low-value products like casing and box packaging that constitute 5% of the bill for materials required in phone manufacturing.
Removal of mark-ups to be paid by Maruti, other changes could raise funding need to Rs 6,000 crore.
Many likely to be in trouble if restive consumers also petition the courts.
LIC is one of the largest Indian shareholders in the country's largest car maker, with a 6.93% stake.
Docomo is looking to expand its reach beyond Japan and sees India and Africa as key emerging markets.
Home seekers demand has exceeded supply and hence there is a possibility of rentals going up by atleast 10 percent.
The Civil Aviation Ministry is looking to increase air seat entitlement to Dubai by 20%.
The shift to gross calorific value-based grading of coal aligned domestic prices with international benchmarks.
Rents have risen most in Delhi's Connaught Place and Gurgaon's Cyber City & M G Road. Because of slowdown, supply has been restricted but demand has risen.
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