The conversion of interest into equity stake for the government in Vodafone Idea (Vi) will be decided after the telecommunications (telecom) company's stock price stabilises above Rs 10, India's largest mobile tower installation company Indus Towers has said in its second-quarter report. The board of Vi had, in January, approved the conversion of Rs 16,130 crore worth of interest on adjusted gross revenue dues into equity for the government. This will give the government around 33 per cent stake in Vi.
Sudipto Sen, the lone Indian in the jury board of the just-concluded International Film Festival of India, Saturday maintained that the remarks made by Israeli filmmaker Nadav Lapid about The Kashmir Files were his personal opinion even as three other co-jurors came out in support of the jury head.
Following their 60-run win over Royal Challengers Bangalore, Delhi Capitals skipper Meg Lanning lauded Shafali Verma and Tara Norris' stellar performances in their WPL opener.
Snapdeal had appointed merchant bankers for listing on an American stock exchange
Five longtime Republicans -- K V Kumar, Puneet Ahluwalia, Suhail Khan, Ajay Kuntamukkala and Harry Walia -- have been named to the GOP's Asian Pacific American Advisory Council.
'We therefore support all sporting icons and role models who are today leading the way in peacefully protesting and standing against the scourge of racism and injustice.'
The exhibition of artefacts -- in physical and digital formats -- will be done on the same floor level where the leaders' meetings will take place, and they will walk through this 'cultural corridor' while moving into and out of the summit room, official sources said.
Indian-Americans have affirmed their growing importance in United States politics with at least five members of the community emerging victorious in the recently concluded state legislatures and local body polls.
Prince also said that when the players told the leadership about the racial abuse they have been suffering, the reply was "it's only some people, not the majority".
Flight AI173 from Delhi was diverted to Magadan in Russia on Tuesday owing to an engine glitch, the Tata Group-owned private carrier said in a statement.
The Civil Aviation Ministry has ordered a probe into the incident involving the ground security staff of Continental Airlines which subjected Kalam to security check before he was to board a Newark-bound flight on April 24.
Dandekar is a former Iowa legislator representing the Marion area in the Iowa House of Representatives from 2003 to 2009 and in the Iowa Senate from 2009 to 2011.
A four-member Delhi police team on Friday afternoon landed in Mumbai in search of the man, who had allegedly urinated on his female co-passenger on an Air India (AI) flight on November 26 last year, but found his home here locked, an official said.
Much of the current controversy began last year when for the sixth grade textbooks covering Hinduism, the SBE retained a professor of linguistics who, the Foundation said, was allegedly well known for his antagonism towards Hindu Americans.
Is United Airlines on a PR disaster overdrive?
Established in 1977, The Hindu Temple Society of North America Sri Maha Vallabha Ganapati Devasthanam, popularly known as the Ganesh temple, is regarded as the first and oldest Hindu temple in North America.
Climate change: US wants China, India on board.
Neeraj is one of top-five track and field athletes in world: Sreeshankar
Companies don't have to be in the field to nudge people to return money they owe lenders.
Two Palestinian-origin men were stopped from boarding a flight back home in the United States because a fellow passenger was scared to fly with them for speaking in Arabic, an incident showing public paranoia after the Paris attacks.
From show business to sports stories, you'll find plenty to keep you busy on OTT this week.
World chess champion Magnus Carlsen said on Monday he believed Hans Niemann had "cheated more - and more recently - than he has publicly admitted", adding he no longer wanted to play against the American and any rivals who repeatedly cheated in the past.
Indian-American Pradman Kaul, chairman and chief executive officer Hughes Network Systems has been named 'Via Satellite' Magazine's Satellite Executive of the Year for 2008.
Local residents say until about two months ago, this board carried the name of Motorola, which once had a manufacturing unit in Sriperumbudur, 40-odd km from Chennai in Tamil Nadu. In May 2020, Luxshare Precision Industry Co, a China-headquartered AirPods and iPhone assembler, had entered into a deal with the Tamil Nadu government to take over the defunct Motorola unit.
As part of a post-judgment agreement, the SBE has agreed to pay part of HAF's legal costs for the 2006 lawsuit.
Waris Ahluwalia, 41, who had been on a trip to Mexico, took a photo of himself and his boarding pass for an Aeromexico flight back to NYC, explaining in a caption that he had been prohibited from boarding.
Five Indian-Americans have been named among the 400 richest people in the US by Forbes, a list topped by Microsoft co-founder Bill Gates for the 21st year in a row with a net worth of $81 billion.
IMAGES from Day 1 of all the action from the Wimbledon Championships played at the All England Lawn Tennis and Croquet Club, London, on Monday.
Debt-ridden telecom operator Vodafone Idea on Tuesday approved the allotment of equity shares worth Rs 16,133 crore to the government, which post-allocation has become the largest shareholder with a 33.44 per cent stake in the company. The shares have been allocated to the government in lieu of conversion of interest dues arising from deferment of adjusted gross revenue and spectrum auction payments, the company said in a regulatory filing. "...it is hereby informed that the board of directors of the company has, at its meeting held today approved the allotment of 16,133,198,899 equity shares of face value of Rs 10 each at an issue price of Rs 10 per equity share aggregating to Rs 161,331,848,990 to the Department of Investment and Public Asset Management, Government of India," the filing said.
Kumar joined KPMG in 1995 as a Finance Management Leader and from 2005 until his retirement in September 2013 he led the firm's West Coast Finance Management Consulting practice.
Olympic high jump champion Dick Fosbury, who revolutionised the event with a radically different jumping technique that was eventually named after him, died on Sunday aged 76.
Sebi on Thursday barred 45 entities, including actor Arshad Warsi, his wife Maria Goretti and others, from the securities market in cases related to manipulating the share prices of two companies through uploading misleading videos on YouTube channels. The cases pertains to uploading misleading videos on YouTube channels and recommending investors to buy the shares of Sadhna Broadcast Ltd and Sharpline Broadcast Ltd. Apart from the couple, some of the promoters of Sadhna Broadcast have been restrained from the securities market for their involvement.
'... To ensure that the vast Indian Ocean Region remain peaceful.'
Subra Suresh is one of the only 16 living Americans to be elected to all three national academies, the IOM, the National Academy of Sciences and the National Academy of Engineering.
'Yellow Bus is a heart-breaking story based on a real incident and will strike a chord with mothers across the world.'
Due to the huge pile-up of visa applications, the US consular officers in the neighbouring country are now adjudicating Indian visa applications where interview requirements have been waived.
Unlike any other business, banking is a turf where the captain's role is the most critical. Often a bank is defined by the personality of the CEO who runs it. Both HDFC Bank and Kotak Mahindra Bank are the creation of their CEOs, notes Tamal Bandyopadhyay.
Top Indian industrialist Ratan Tata has returned as a board member of East West Centre, a prominent American think tank.
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