Bharti Airtel promoter Bharti Telecom will buy a 3.33 per cent Airtel stake from Singtel for 2.25 billion Singapore dollars or about Rs 12,895 crore in 90 days' time, the telecom operator said on Thursday. Bharti Group chairman Sunil Bharti Mittal's family and Singtel are co-investors in Bharti Telecom (BTL). Singtel in a statement said that after the transaction, Singtel Group is expected to own an effective stake of 29.7 per cent in Bharti Airtel, which is estimated to be worth SGD 22 billion (about Rs 1.26 lakh crore).
A summary of Wednesday's action at the US Open.
A local court, while granting bail to businessman Raj Kundra, a key accused in a pornographic films case, noted that the element of inducement, which is the prime ingredient in cheating offences, appears to be missing from the case presented by the prosecution.
Businessman Raj Kundra on Tuesday walked out of a Mumbai jail, a day after a magistrate court granted bail to the key accused in a pornographic films case in which he was arrested two months ago.
Serena Williams did not need the help of a fan-filled Arthur Ashe Stadium to provide a lift during her 7-5, 6-4 win over the 96th ranked Kristie Ahn.
Maharashtra minister Nawab Malik, arrested by the Enforcement Directorate in a money laundering case, was admitted to hospital on Monday after he complained of fever and diarrhoea, his lawyer told a special court in Mumbai and claimed that Malik's health had deteriorated and he was in a "serious" condition.
The Apple iPhone comprises 44 per cent of the global smartphone market's revenues and it is the second most-such device to be shipped after Samsung. More than half of smartphones used in the US are iPhones. More than 7 million iPhones are expected to be sold in India in 2022, extending the user base to 20 million, according to market research and analyst firm Techarc. Hence, the news about Apple scaling down its production target for iPhone 14 in India has made news.
Deshmukh filed his bail application through advocates Aniket Nikam and Inderpal Singh before the special CBI court judge S H Gwalani in the corruption case being probed by the CBI.
Belgium won their first Olympic men's hockey title, beating Australia 3-2 in a penalty shoot-out after the final finished in a 1-1 draw, in Tokyo, on Thursday.
King Charles III acceded to the throne immediately following the death of Elizabeth II on Thursday, and described losing his mother as "a moment of the greatest sadness for me and all members of my family".
The Bombay High Court on Friday said Aryan Khan, son of superstar Shah Rukh Khan, shall be released on a personal bond of Rs one lakh with one or two sureties of the same amount.
It was India who had the first opportunity to open the scoring but both the short corners went abegging as the home goalie foiled those attempts with his rock solid defence.
The US has all along interfered in India-China issues. The objective is clear: Bring the Sino-Indian standoff to a flashpoint that would compel Modi government to take shelter under an American umbrella, argues Ambassador M K Bhadrakumar.
'Gauri Khan is within her rights to wonder why her son is being locked up with hardened criminals.'
Aseem Chhabra highlights 10 films that moved him, films that may show up in theatres near you.
He may have been hailed as The Great Reformer in nations elsewhere, but in his motherland, Mikhail Sergeyevich was a hate figure for his policies ending the chimera of Russian dominance in the world.
Despite an ongoing coronavirus pandemic Sri Lanka coach Mickey Arthur expressed hope that cricket will emerge out of this stronger. The coach further stated that each player has been given individual fitness plans to keep them fit.
Novak Djokovic, who won Wimbledon to take his major singles titles to 21, has opted not to be vaccinated against COVID-19. He said on Thursday he could not fly to New York for the year's final Grand Slam.
As the curtain come down on 2022, Roshmila Bhattacharya flashbacks to some of the year's news-makers and events.
A summary of Saturday's action at the US Open.
The Supreme Court on Tuesday refused to interfere with the Bombay high court order granting bail to former Maharashtra home minister Anil Deshmukh in a money laundering case.
Images from Day 6 of the 2021 US Open in New York on Saturday.
Raut claimed Navneet Rana received a loan of Rs 80 lakh from Yusuf Lakdawala, who was arrested in a money laundering case.
Special court judge M G Deshpande, who has granted bail to Shiv Sena MP Sanjay Raut, terming his arrest as "illegal, without reason and a witch-hunt", had pulled up the Enforcement Directorate (ED) on multiple occasions this year over its approach in dealing with money laundering cases.
The Supreme Court on Wednesday granted protection from arrest to businessman Raj Kundra in connection with an FIR registered against him for allegedly distributing pornographic videos.
A summary of Tuesday's action at the US Open.
Supreme Court judge Justice D Y Chandrachud has termed the delay in communicating bail orders to prison authorities as a "very serious deficiency" and stressed the need to address it on a "war footing" as it touches the "human liberty" of every undertrial prisoner.
A high court judge in London on Monday granted fugitive diamond merchant Nirav Modi permission to appeal against a magistrates' court order in favour of extradition to India to face charges of fraud and money laundering before the Indian courts on mental health and human rights grounds. Justice Martin Chamberlain delivered his verdict remotely under COVID-19 rules to conclude that the arguments presented by the 50-year-old diamond merchant's legal team concerning his "severe depression" and "high risk of suicide" were arguable at a substantial hearing. He also noted that the adequacy of the measures capable of preventing "successful suicide attempts" at Arthur Road Jail in Mumbai, where Nirav Modi is to be detained upon extradition, also fall within the arguable ambit.
Referring to the statement of NCP leader Nawab Malik in which he had cast aspersions on NCB, the plea said it's high time the NCB is probed by a top court judge to unravel the truth.
Prabhakar Sail, an independent witness in the cruise drugs seizure case, on Sunday claimed that a Narcotics Control Bureau officer and some other persons demanded Rs 25 crore from Bollywood superstar Shah Rukh Khan to release his son Aryan Khan in the case.
'Badle ki bhavna (revengeful politics) was never seen in Maharashtra and Indian politics, but now we are witnessing all that today.'
Nasper-backed fintech firm PayU has started talks to acquire domestic payment gateway major BillDesk, and the deal size could be in the range of $3-4 billion, sources in the know said. "BillDesk has been open to being acquired for some time now, but in the past the valuations that the company was seeking proved to be a hurdle," said a source. "Three years ago too, PayU had approached BillDesk for an acquisition, but things didn't go ahead due to high valuations. "BillDesk had asked for $2-billion value then," said the source.
The second round match between former champion Angelique Kerber and Anhelina Kalinina, originally scheduled to begin after Schwartzman and Anderson, was pushed to Thursday.
'I remember how my grandmother was scared for me when I joined the industry because she was aware of the hurdles and pitfalls.' 'It's a harsh place.' 'When the going is good, it's great, but you really have to have the spirit to deal with the situation when the chips are down.'
Uddhav claimed that splits were engineered in many parties using central agencies and arrests were made illegally.
Ramkumar Ramanathan advanced to the second round of the Wimbledon qualifiers but Prajnesh Gunneswaran, who was under-prepared due to a left-wrist injury, bowed out, in London, on Tuesday.
Favourites Russia Tennis Federation opened their Davis Cup Finals campaign with a resounding victory over Ecuador, Britain began with a win against France and Italy eased into the quarter-finals with a win over Colombia on Saturday.
Spanish teenager Carlos Alcaraz beat Norway's Casper Ruud 6-4, 2-6, 7-6(1), 6-3 in the men's singles final at the US Open on Sunday to win his maiden Grand Slam title and rise to world number one for the first time.
The ED probe pertains to alleged financial irregularities in the redevelopment of Patra Chawl, a tenement, and related financial transactions involving his wife and associates.
'We stood by him through his highs and lows and this is possibly his lowest.' 'The least we can do is stand by him now.'
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