Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
The banks used for the fraud include ING Vysya Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Dhanlaxmi Bank, YES Bank and DCB Bank.
Indian tourists are increasingly settling for other destinations such as Southeast Asian countries, Australia, and New Zealand.
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
Every start-up's dream is to become a unicorn.
'You can have a bath in just one bucket of water.' 'When you are brushing your teeth, remember to turn off the tap.' 'You don't have to wash your car every day.'
'As long as people are eating we will be there,' Rebel Foods CEO Jaydeep Barman tells Viveat Susan Pinto and Niraj Bhatt.
Experts say a lot of new wealth is being generated by promoters selling their stake.
Thai protesters threatened to take Prime Minister Yingluck Shinwatra into "custody" and marched on several state buildings on the second day of a shutdown of Bangkok to force her to resign even as the embattled Premier rejected their demands to quit.
His rags-to-riches story would make a film. Meet Musthafa P C, the man behind ready-to-use breakfast foods that countless Indians trust.
But the company should take extra steps to prevent pollution.
Zomato, the India-based global restaurant search and discovery business entity, has accelerated plans to get into new products like online food ordering.
Online travel portals have seen a surge in bookings aided by several rounds of discount offers and a strong demand over the festival weekend.
The decision of the Telecom Commission to approve in-flight connectivity won't just bring cheer to the chat-friendly passengers, but even more to the telecom industry facing severe financial stress, says Nivedita Mookerji.
'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.' 'But let's do away with this smokescreen of free pricing of petrol and diesel and go back to administered pricing regime,' says Dr Sudhir Bisht.
High airfares and currency depreciation have not dampened the spirit of travellers in the country as they remain keen on travelling during winter break albeit with curtailed budget, according to a survey findings.
Levy in India one of the highest in the world; finance minister urges banks to tell customers not to invest in the metal.
IT services firm looks at local partnerships, JVs, acquisitions to expand base in region.
The spotlight is back on the hawala trade in diamonds.
DLF says it has started the process of giving possession of housing units at New Town Heights project according to its commitment
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
"The return fare on economy class to most European capitals from Mumbai are close to 50,000 plus. If an LCC can offer direct connectivity for a basic fare of 25,000 with additional top ups for meals, baggage and blankets, which further takes the fare to, say, 35,000, it is still a value deal."
From drinks with worms to a snake stuck in a woman's ear, here's the weirdest, funniest stories from the world around.
Rediff readers share their Cash Crisis experiences.
Vistara and AirAsia India have been lobbying for the relaxation of this rule.
Air India's home market share has fallen from 19.8% in January to 18% in July.
Chandamama Kathalu may be slow and without the regular commercial ingredients but the film has its moments
A buoyant economic mood and tempting discounts, both online and offline, are fuelling a shopping frenzy this Diwali.
The sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.
Modi's'Make in India' drive launched last September included laying out a model of "port-led" development that would support industrial growth.
Agreement between Bharti Airtel and Loop Mobile, which offers mobile services in Mumbai, expired on October 31
Initiating a fare war on global routes, Qatar Airways and Singaporean budget carrier Tigerair have announced massive limited-period discounts hoping to corner a chunk of the Indian travel market share.
The unit of Reliance Communications may raise debt, equity
Ever thought vegetable jalfrezi & murg malai tikka would be available at the South Pole?!
Multi-currency pre-paid cards are a good option while travelling abroad.
The company is in talks with investors and the deal could be closed in a few weeks. At present, it operates in 37 cities in India.
Rediff.com takes a look at drones as they engage in activities you'd never thought you'd see.
When 27-year-old Karthik Kamalakannan founded Skcript with his friend Swathi Kakarla in December 2013, little did he realise that it would become the Pied Piper of India one day.
Iran has complained of irregular shipments
The launch kicks off a busy period for Waterloo, Ontario-based BlackBerry.
