Will give up extra airwaves in 15 service areas but will retain 3.75 megahertz in the Delhi and Mumbai.
The parent company, UB Group, is willing to pump in money.
The company and a unit had received tax demands from authorities over a restructuring exercise approved by courts more than three years ago.
Jet Airways shares fall as much as 13.6 per cent after media reported that the deal with Etihad may be called off.
The money will be used to develop products jointly.
A source at the CBI told Reuters that officials were likely to file charges related to the broader case as early as Friday but did not specify whether those might included Bharti.
Investors including units of Morgan Stanley and Citigroup have agreed to buy 28.3 million shares of Bharti Infratel at Rs 230 apiece.
Stocks fall 70% on LSE; management plays down trouble.
The 'in-principle' settlement of $3 billion is covered by existing provisions. GSK expects to make payments under a final agreement next year.
A 31-year-old staffer was arrested in the early hours of Thursday for causing a $2-billion loss to Swiss investment banking giant UBS on account of unauthorised trading at the bank's London office.
Former News International chief executive Rebekah Brooks was arrested from her London house this afternoon on charges of phone hacking and corruption. News International is News Corp's British newspaper arm.
Tata Steel's arm here said it had got $130 million as final settlement from the consortium of global steel buyers which had prematurely terminated, in May 2009, a 10-year purchase contract.
London-based Indian Journalist's Association (IJA) has sent a notice to Sahara Pariwar chairman and managing worker Subrata Roy asking his group not to prevent journalists from discharging their duties.
Essar Energy's $350-million deal to buy Shell UK's oil refinery and associated assets at Stanlow, near Ellesmere Port, Cheshire, has hit a road block. The employee union has rejected the deal in its current form due to differences over pension payout and other issues.
With the proposed commissioning of a 50-Mw tidal power project off the coast of Gujarat in 2013, India is ready to place its first "seamark" that will be a first for Asia as well.
The Tata Motors-owned Jaguar Land Rover (JLR) has signed a fresh deal with China to sell 40,000 cars in 2011.The deal, said to be worth more than 1 billion, comes on the back of an order the company had bagged in 2009 for 13,000 cars valued at that time at 850 million.
Dispute relates to premature termination of a deal to buy TCP steel
India is ready to enter the small and elite group of world chipmakers, with the first such facility in the country receiving strong support from the government of India.The state-of-the-art facility, which sources believe would cost around $3 billion to set up, could reduce India's 100 per cent reliance on imported chips from a select group of foundries in countries like Taiwan, China and Israel.
The self-proclaimed voice of the British business, CBI, has said India is both a threat and an opportunity for UK's manufacturing sector. Commenting on the government's "Growth Review Framework for Advanced Manufacturing", announced earlier this week, CBI has said UK manufacturers and government must be aware of the potential threat countries like India and China pose in the global marketplace.
A full rollout of the products will be completed by March 2011 and the UK branch of SBI will be adding three branches over the existing seven to push its retail agenda. With this, SBI will take on local heavyweights in the mortgage segment such as HSBC, Barclays, NatWest, Lloyds and RBS.
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