DEA official writes to DIPP suggesting that govt needs to understand what has been left out, and why, in the revised application of the retailer.
Mukesh Ambani-led Reliance Industries Ltd wants to merge four of its associate companies in real estate with its main property development subsidiary, Reliance Commercial Land and Infrastructure Ltd, under the scheme of amalgamation proposed before the Bombay High Court.
Divestment in top PSUs could make the ETF as big as Rs 30,000 crore.
In the November auction of second-generation telecom spectrum, Bihar was the only circle to cross the base price
Masood Imad, media secretary to the Maldivian President, says: "We have asked MACL to hire a firm like KPMG to conduct a forensic audit of the firm's accounts.
Did GMR Infra get a sweet deal from former Maldivian president that turned sour as a new government came to power?
Japanese electronics major sources 60% of requirement from India.
The company will lose the validity of its licences in Kolkata, West Bengal and Mumbai telecom circles on in January.
Action is hotting up in the telecom space, with Russian giant Sistema in preliminary discussions with Aircel to pick up an equity stake.
Though reserve for CDMA, there were no bidders for the spectrum in the recent auction. GSM operators could buy it to launch 4G and 3G services.
Airtel operates as Airtel-Vodafone in Jersey and Guernsey to offer Vodafone trademarks in the British Channel Islands.
A large migrant population, better law and order situation made the state attractive.
Multiple disputes to ensue; auction begins today, but will do little to quell uncertainty.
After refarming, over 142.5 MHz of spectrum is expected to be available for auctioning next year.
A source with knowledge of the matter claimed Dabur might have already approached the two companies, without revealing further details.
With bouyant demand in domestic market, increasing exports, the co would need to set up a second manufacturing plant in about three years.
Bharti Infratel is a provider of telecom towers and related infrastructure and on a consolidated basis, is one of the largest in India, "based on the number of towers that Bharti Infratel owns and operates and the number of towers owned or operated by Indus, that are represented by Bharti Infratel's 42 per cent equity interest in Indus," according to the offer document.
Market leader with 20.6% share in the air conditioning segment.
Govt to bear Rs 12k-cr cost of spectrum retention but without any cash outgo put up for Cabinet nod.
A senior executive of GMR group confirmed that both the companies were keen to get out of the venture. Fraport has already closed its development office in India.
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