Will have to take impairment of Rs 15,000 crore before recovering a single rupee from its arms
The modernisation of defence signalling equipment, the universal licensing and other such measures were likely to change the face of the telecom sector in the next two years, Arun Shourie, Union minister for telecommunications and divestment, said.
Close on the heels of striking 3 major outsourcing deals with Ericsson, IBM and Nokia totalling over $1400 million, Bharti Tele Ventures on Thursday awarded another $50 million contract to Siemens to build and manage AirTel networks in 3 circles.
SpiceJet is conducting a strategic review of fleet and network, which could see staff reductions and a possible phase out of Bombardier Q400 planes in three months.
'The day I took charge, the PM told me you do the following -- stop imports, talk to all stakeholders and involve them to make mining more industry-friendly without affecting the environment.'
Amid rising coronavirus cases in India, the government has asked people not to panic, saying no community transmission of the virus has been observed and there has only been a few cases of local transmission so far and that it is "not a health emergency" in India at present.
To facilitate foreign athletes and dignitaries, four special immigration counters have been set up at the Hyderabad airport.
'Moving the Goalpost', a series of short films that focus on the role which soccer plays in the lives of Britain's football fans, would be held at the British Council auditorium in Mumbai on November 29-30.
In the city to lead India's 70th Independence Day celebrations, M J Akbar called terrorism a major threat to human rights.
6 Rakhi Gifts For Your Sister That She Can Wear on Raksha Bandhan
Historically, tensions in West Asian regions have provided support to gold prices.
Over 1,400 prisoners went on hunger strike at Kot Lakhpat Jail in Lahore on Wednesday where Indian national Sarabjit Singh was killed, to protest the hostile attitude of the prison staff.
An industrial house bred in old-school manufacturing values, Godrej & Boyce has displayed unusual agility to become a trusted builder of advanced weaponry, discovers Ajai Shukla.
With the green cover gone, the bald roads to Puri are now reigned by lorries laden with electric poles, ambulances, fire service vehicles and cranes, signalling the rebuilding effort is in the works.
The government on Thursday cleared 24 foreign direct investment proposals worth Rs 190.93 crore, including the Rs 140 crore investment by Korean confectionary firm Lotte to acquire resident shares via a public issue.
The telecast rights for the next three years is expected to net the BCCI in excess of Rs 700 crore.
Failure is success delayed, says Billi Lim, author of the book Dare To Fail.
Finance Minister P Chidambaram on Thursday hinted at more changes in tax structure and phasing out of subsidies for textile sector while promising measures to facilitate additional investment
Please send eye/trauma specialists to Kashmir," the former Jammu-Kashmir CM said.
The examination was scheduled to start at 1400 IST at 50 centres all over the country.
Sitharaman further said that to mitigate genuine difficulties of start-ups and their investors, government has decided to withdraw angel tax provisions for them.
Rain played spoilsport again, allowing only 16.3 overs on the second day of the Ranji Trophy match against Karnataka.
No untoward incident was reported on Monday during a 90-minute relaxation in curfew in Viramgam town of Ahmedabad district, where three persons were killed and 40 injured in communal clashes on Sunday.
World number nine tennis player Tomas Berdych has said he is undecided whether to compete at the 2016 Rio Olympics because of health fears over the Zika virus.
Reliance Industries will sell 20 per cent stake in its oil and chemicals business to Saudi oil giant Aramco for about $ 15 billion and nearly half of its fuel retail business to BP of UK for Rs 7,000 crore. Aramco, the world's biggest crude exporter, will also supply Reliance's twin-refineries at Jamnagar in Gujarat with 7,00,000 barrels of oil a day on a long-term basis, Ambani said.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
While Rs 37,461.01 crore has been allocated for higher education, Rs 56,386.63 crore has been earmarked for school education.
