While Vodafone will hold 45.1% of the shares in the new entity, to be renamed at a later stage, Kumar Mangalam Birla and other promoters of Idea group will hold 26%. Vodafone India will also transfer 4.9% of its shareholding to Idea's promoters for a cash consideration of Rs 38.74 lakh crores.
Modi in his address to the BRICS Leaders Meeting in Hangzhou said "terrorists in South Asia or any where for that matter do not own banks or weapons factories". "Clearly someone funds and arms them and BRICS must intensify joint efforts not just to fight terror but to coordinate actions to isolate those who are supporters and sponsors of terror," he said, without naming Pakistan which is a close ally of China.
Some of the policy measures announced are expected to go a long way in removing current challenges on financing faced by businesses and also increasing economic activity, especially in areas of construction and manufacturing.
The campaign's main theme song 'Main hi toh Hindustan hoon' has been penned by Javed Akhtar.
The Indira Gandhi International airport and Birmingham Airport signed an MoU to develop further links and formalise a working relationship.
A news report claimed India has been helping the Muttahida Qaumi Movement with funds and training to create unrest in Karachi.
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
In addition, for those applying for certain L-1A and L-1B must submit an additional $4,500.
LIC is on board after tying up with all five insurance repositories; 1,50,000 e-Insurance Accounts opened across India till date.
'There is a contradiction between what the then CM said in the assembly and the legislative council, and the direction taken by the police investigation.'
Maharashtra has reported 31 positive cases, Kerala 19, Uttar Pradesh 11, Delhi and Karnataka six each, Ladakh three, Jammu and Kashmir, Rajasthan and Telangana two each; and Tamil Nadu, Andhra Pradesh and Punjab one case each. The total number of confirmed cases also includes 17 foreigners -- 16 Italian tourists and a Canadian, it said.
To invest in the stock market and buy equity, you need three things
'Rafale is an open and shut case and there is only one man who has done corruption'
'The more the news media weakens, especially at this juncture of economic ruin with lay-offs and wage cuts, the more the owners and journalists weigh their value in terms who they are close to, the more they depend on the State to bail them out of trouble, slow-fry their rival, the faster it pushes us towards institutional destruction,' warns Shekhar Gupta.
Only Rs 16,050 crore out of the Rs 15.44 lakh crore of the old high denomination notes have not returned.
Credit cards are no angel or devil. Spending habits and personal finance management make it what it appears to be. Let there be no illusion, think real, be wise.
Sebi's move will help curb the illicit practice of keeping the parent company's account clean while maintaining debt in its subsidiaries.
Prime Minister Narendra Modi had in June dedicated the modernised and expanded Bhilai Steel Plant to the nation.
India's most heavily indebted property firm, DLF has filed an appeal with the Securities Appellate Tribunal (SAT) against a ban from tapping capital markets for three years, a spokeswoman for the appellate told Reuters.
In an oblique disapproval of Bollywood superstar Salman Khan's meeting with BJP's PM candidate Narendra Modi in Ahmedabad on Tuesday, senior Congress leader and External Affairs Minister Salman Khurshid has said the "past events" should not be forgotten.
The CISF headquarters in Delhi said any issue related to service leave had nothing to do with the jawan taking the extreme step.
Continuing his crusade against the alleged corruption in the BCCI due to president-in-exile N Srinivasan's presence, Aditya Verma on Sunday threatened to move Supreme Court if the board's Annual General Meeting fails to make its September deadline.
Officials at the UAE embassy in New Delhi on Friday said the UAE had not officially announced any financial aid for Kerala flood relief. However, Vijayan claimed there was no lack of clarity on UAE aid for the flood-ravaged state.
Vardhan, however, parried questions on the source of the information.
The Congress has been attacking the Bharatiya Janata Party government on the defence deal, accusing Prime Minister Narendra Modi of causing loss to the state exchequer by buying the fighter jets at inflated rate.
West Bengal Chief Minister Mamata Banerjee on Monday demanded roll-back of the "unprecedented, anti-people" rail fare hike considering the problems faced by common people.
Slated to be in India on December 8, Carter would travel to Japan, Bahrain, Israel, Italy and Great Britain before returning to the US on December 16. This is for the first time that an outgoing American Defence Secretary has included India in his itinerary for the final overseas trip.
Ganguly is one of the 11 members of the world cricket committee, chaired by Mike Brearley of MCC, which announced the new Laws of Cricket, to be incorporated in the ICC Playing Conditions.
Which is the best home loan? Advice from financial guru Harsh Roongta.
Infy board gets law firm to probe 'lapses', appoints Cyril Amarchand Mangaldas to engage with founders.
Drones are being used for aerial security of the Amarnath base camp at Bhagwati Nagar area of Jammu city for the first time while at least 20,000 security personnel have been deployed along the two routes.
The age-old Indian practice has brought people from different cultures and countries together.
The agreement means consumers will enjoy more choices and varied price points.
News of all that's transpired on and off the football field
'If Chandrayaan 1 had a launch with GSLV, we need not have an orbiter for Chandrayaan 2.' 'We could have gone straight round the moon and landed on the moon.'
The Bill neither plans to make the Aadhar mandatory or limit its issuance to citizens.
'For the Tamil Nadu protestors to openly ask popular film actor Vijay Sethupathi not to don Murali in 800 is a travesty in every sense. It may have given them a cause to tell the world, and the governments in New Delhi, Colombo and Chennai, that the Sri Lankan ethnic issue was still alive in the state -- more so, during the current run-up to two major events in the first half of 2021,' says N Sathiya Moorthy.
'Cooperation at sea involves not just ships going out together and carrying out exercises over a couple of days, but understanding the whys and the wherefores,' points out Vice Admiral Premvir Das (retd).
Their offer values Fortis at over Rs 9,000 crore, or around Rs 172 per share.
The US government should not only look at salary, but also focus on skills while making immigration reforms
