Taizo Son, SoftBank founder Masayoshi Son's youngest brother, is also planning to enter India.
At the prison, both Ranjan and Manglik's cell phones were pressed into service by the CBI. Why the CBI didn't bring its own equipment seems a mystery... Ranjan's cell handset was given to Indrani and Manglik dialed it. Indrani then spoke and her speech, that emanated from the phone, via speaker mode, was recorded.
Vodafone, Bharti Airtel, India's largest mobile operator, and Idea, a smaller rival, have agreed to pool network infrastructure in a joint venture that may in the future seek a stock exchange listing.
Big TV, the Reliance Anil Dhirubhai Amabni Group's soon-to-be-launched direct-to-home venture, has bagged the official DTH partnership for the Indian Premier League, the Board of Control for Cricket in India's Twenty20 cricket tournament, for a bid of $31.16 million (about Rs 137 crore) for the next four years.
Did top Indian business groups miss the e-commerce opportunity by focusing on replicating the Walmart model instead of following the Amazon model of online shopping?
"We are developing the cash and carry model with an overseas partner," Future Group's CEO Kishore Biyani told PTI here, without giving details.
In an interview with the Financial Times last week, Jos Luis Duran, Carrefour's chief executive, said he was poised to sign a retail joint venture in India.
The company feels that it has the first mover advantage and is now gearing up to face the competition by consolidating its presence through rapid expansion.
N R Narayana Murthy, chief mentor of Infosys Technologies, on Friday supported the joint venture between Bharti Enterprises and Wal-Mart saying the Indian partner would benefit from the world's largest retail chain's expertise and technology.
The country's fruits and vegetables retail segment has caught up the fancy of international companies even as domestic companies such as Bharti and the Tatas tie up with global firms for supply of farm produce.
The world's largest retailer said that its goal in India is to establish a relationship with the small business community and helping them lower costs and increase profits.
The commerce and industry ministry has informed the Prime Minister's Office that the Bharti Group has conveyed to the government that its joint venture with Wal-Mart was in compliance with the existing FDI policy.
Global retail giant Wal-Mart is in talks with several domestic textile firms for its Indian operation, which is expected to begin next year
Wal-Mart has a joint venture with Bharti Enterprises for a cash-and-carry(wholesale) venture in India. There are no regulatory restrictions on using the Wal-Mart brand in this business, but the company cannot have its brand name on front-end (retail level) stores that sell direct to consumers.
Reliance Retail, already creating ripples in the organised domestic retail market, is poised to acquire smaller rivals in order to take on serious competition from the likes of Bharti-Wal-Mart combine.
Tech Mahindra and United Spirits will replace them in the 50-share index of the National Stock Exchange with effect from March 28.
The company will wait for sizeable user base for better valuation.
Noel Tata likes to relax at his Alibaug beach home on weekends, but he is equally passionate about driving on the Mumbai-Pune Expressway at a speed of over 100 kilometres per hour.
Getting an assurance from the Apple CEO on manufacturing in India will mean much to the NDA government.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Tata Steel, others sell assets abroad after taking massive impairments.
Broader markets outperformed benchmark indices with BSE Midcap and BSE Smallcap up 0.5% and 0.6%.
'We always believe that if you focus on the goal, you will overcome all obstacles. If you focus on the obstacles, you will never achieve your goal.'
Sunil Bharti Mittal may have made big bucks out of the mobile telephony revolution in India, but the man says it was a saga of struggle, fight and the "mother of all battles."
Eight Indian companies, including Reliance Industries, Bharti Tele-ventures and software giants Infosys and Wipro have made it to the Forbes A-List featuring 400 most attractive companies for investors.
Around 30,000 customers went ahead with the booking despite a technical glitch and 7 crore people signed up for the phone.
