They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.
The process of switching off the 3G network has already started with Kolkata in the recent-concluded June quarter. By September, the shutdown will be affected in 6-7 more circles and between December and March the entire 3G network would be shut down.
Home grown chat application, Hike Messenger on Thursday said it has acquired US-based voice-calling company Zip Phone for an undisclosed amount.
Modi has set a target of generating 100 Gw of solar power by 2022.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
Prime Minister Narendra Modi on Tuesday hosted British royal couple Prince William and Kate Middleton for lunch to the accompaniment of classical music.
Getting an assurance from the Apple CEO on manufacturing in India will mean much to the NDA government.
Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.
Average data usage on Airtel India network grew about three fold to 2611 megabyte (about 2.5 GB) per customer from 904 MB on YoY basis. But the average revenue from the data services per customer declined by 22.7 per cent during the period.
Prime Minister Narendra Modi said India and the United Kingdom are economically made for each other.
London Olympics bronze medallist MC Mary Kom declared her intention to bow out on a high at the Rio Games in 2016, saying it could be her last tournament.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
A record 39,510 runners have registered for the Standard Chartered Mumbai Marathon on January 19, 2014.
Chief Executive Officer (CEO) Ravikant Chopra, Chief Financial Officer (CFO) PC Vaish, GM, Cricket Operations, Cricket Advisory Committee (CAC) members Yashpal Sharma and Sunil Valson also took the charge on Monday after taking back their resignations.
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Foreign investment cap in insurance sector raised to 49 per cent.
The Jain brothers' $300 mn-worth Girnar Software has really humble roots.
After ending its wholesale partnership with Walmart, Bharti Retail has decided to merge with the Future group
NSC scores high on all three parameters that conservative investors are seeking -- safety, tax-adjusted returns and liquidity.
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
Infosys may have put the visa misuse investigations behind it through a civil settlement with the US authorities, but experts believe that the episode might drag its other peers under the scanner.
When 17 million Indians seek their fortune abroad it only means people are losing faith in the government's ability to honour its promises, says Sunanda K Datta-Ray.
Mukesh Ambani said the Digital India initiative has the potential to transform the lives of 1.2 billion Indians using the power of digital technology.
The need for larger investment in infrastructure that is the biggest shortcoming, says A V Rajwade.
It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.
Realty sector is facing a huge slowdown for last 3-4 years, leading to a significant delays in possession of flats to customers.
At the heart of Friday's case lay an ICICI Bank loan owed by Mallya's Watson and CASL, for which Diageo stepped in as a backstop so that it could be refinanced by Standard Chartered Bank.
Pakistani Prime Minister Nawaz Sharif has cancelled his visit to WEF annual meeting after a deadly Taliban attack in his country.
Around 40,000 Delhi Police personnel, 190 coys (companies) of Central Armed Police Forces and 19,000 Home Guards have been deployed for smooth conduct of election in the national capital, officials said.
The $12.1 billion Corus acquisition-the biggest global acquisition made by an Indian company-ended up as a millstone around Tata Steel's neck, points out Indrajit Gupta.
Asking the government to tweak FDI norms in multi-brand segment, retailers said sourcing rules must be made similar to that of single brand while demanding foreign firms be allowed to put only 50 per cent of first tranche of investment in back-end infrastructure.
Classically, the Japanese - who are not guided by short-termism - added capacity during slumps to be ready to reap their good fortune when the business cycle turned upwards again and shortages emerged, says Subir Roy.
Vishal Kampani has big shoes to fill as his father is close to the Ambanis, the Wadias and the Ruias, says Dev Chatterjee.
How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.
The past few years have seen the first cycle of mergers and acquisitions, exits, and track-records being created.
Hero MotoCorp's promoter Pawan Munjal emerged as the highest paid director.
Prime Minister Narendra Modi has been ranked as the world's ninth most powerful person by Forbes magazine in a 2015 list which is topped by Russian President Vladimir Putin.
How do you balance the demands of an expanding business with the desire to retain the culture that made you successful?
Assocham told Modi policy makers needed to act fast to "bullet proof" India from global jitters.
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Business leaders met Manmohan Singh to discuss the problems facing the country.
With a new $100-billion technology fund, SoftBank is likely to go after market leaders.
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