The merger will result in substantial cost and capex synergies with an estimated net present value of around USD 10 billion after integration costs and spectrum liberalisation payments, with estimated savings of USD 2.1 billion annually from the fourth year of the merger.
Diversified business house Trident Group would become the first corporate to use Aadhaar Payment Bridge (APB) for disbursal of salaries to its employees.
BSE Midcap and BSE Smallcap indices hit their fresh lifetime highs for the second day in a row
Engage, don't entice, advises advertising guru Sandeep Goyal.
'It is not that the H1B visa employees are coming in to displace jobs.'
Maxis Communications Berhad (MCB), which has been named in a CBI chargesheet for alleged wrong doing in sale of Aircel, on Tuesday denied charges of using illegal means to acquire the firm from Siva Ventures and said it will pursue all legal remedies to defend itself and its officials.
Curfew remained in force in entire Srinagar district and Anantnag town on Saturday to thwart the separatists' plan to stage a two-day sit-in in the city centre even as the death toll in the ongoing unrest climbed to 56 in the Valley with the death of a youth injured in firing.
The 30-share Sensex ended down 69 points at 28,192 and the 50-share Nifty closed 20 points lower at 8,551.
On his three-day trip, the Microsoft CEO will meet governments and businesses to get them to use the company's platforms.
Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.
Arvind Kejriwal will monitor the work of various departments. Adarsh Shastri might also aid Kejriwal in this task. Somesh Jha reports
Customers have other options available to them to do low-value transactions, if wallets start mandating full KYC and would switch to those.
Broader gains were capped as investors awaited corporate results from major firms
'The prime minister's advisers might have told him that going along with this AIADMK government will damage his image.'
Coal India topped the losers' list in the Sensex pack on Tuesday, falling 2.36 per cent, followed by Bharti Airtel at 2.16 per cent.
In fact, a $1-million initial fund has been announced to help developers build apps and new services, including for more local-language content, and a contest has been launched, too.
But the 30-share Sensex rose by 141.52 points, or 0.41 per cent, to close at 34,297.47. The broader NSE Nifty gained 44.60- points, or 0.42 per cent, to end at 10,545.50 after touching a high of 10,618.10.
In UK, France and Germany, the president and CEO of Edelweiss Securities, anticipates votes incrementally in favour of local protection and de-globalisation.
Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007
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Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
The company is unlikely to continue with the CEO-COO model
Britain's vote to leave the European Union means uncertainty for markets and companies as London initiates at least two years of negotiations with the EU.
A bench headed by Justice G S Singhvi granted two weeks time to Chandra to file his response on CBI's petition alleging that he had misused the relief given to him by approaching the then CBI prosecutor A K Singh and trying to 'materially interfere' with the prosecution in an 'attempt to influence' the conduct and outcome of the trial.
Talking corporate heads are a barometer of the business community's engagement with the economy. If they have nothing to say now there should be cause for concern.
Investors turn their attention to export-driven sectors.
The Bombay High Court on Thursday stayed a new income tax demand of Rs 3,000 crore (Rs 30 billion) on Vodafone India Services in an alleged transfer-pricing case from 2010-11.
The government has ordered internet service providers in India to block 39 internet sites that host and allow their users to share obscene content.
Did men and women of redoubtable experience and public service, upholders of the country's steel frame and paragons of corporate governance, never smell a rat?
In a curious turn of events on Wednesday, Prime Minister Narendra Modi picked Rajeev Topno, a 1996 batch Indian Administrative Service officer from the Gujarat cadre and a part of the Prime Minister's Office under former PM Manmohan Singh, as private secretary.
Led by falling cost of handsets and increased data consumption, new mobile subscriptions have grown the fastest in India with 18 million net additions in the third quarter of 2014, telecom gear maker Ericsson said on Tuesday.
It is believed that Tata Sons was unhappy with Mistry's approach of shedding non-profit businesses, including the conglomerate's steel business in Europe, and concentrating only on cash cows
No reason was cited for rescheduling of the meeting.
Strong gains in Vedanta Ltd, Adani Ports, Bharti Airtel and Maruti Suzuki helped the index touch record levels.
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Revenue yield on every rupee of investment fell to Rs 1.06 in FY13 from Rs 1.20 in FY08.
Naresh Goyal, after being ousted with his wife from the board last week, and with his shareholding halved to 25 per cent, can still make a comeback by partnering a new investor and win back majority control.
Critics say the programme, launched 10 months ago in India in collaboration with operator Reliance Communications, violates principles of net neutrality
The use of Aadhaar on Skype Lite and LinkedIn will allow Microsoft to bring on board millions in small towns and rural areas lacking e-mail IDs.
It's aimed at new-age sectors like e-commerce and other startups so that they can spend less time in their recruitment processes
The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table.
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
