The money constitutes nearly 26 per cent of the total domestic borrowing of the Indian corporate sector in 2008-09.
While some are relatively new in this business, Vodafone, which has 1.8 million touch points in the country, has been offering basic banking and payment services through its pre-paid mobile digital semi-closed wallet called M-Pesa since 2012.
'If the RBI blesses us with a banking licence, we would like to launch a successful bank.'
Hiring intent in IT and ITeS was the highest in cities like New Delhi, Mumbai, Hyderabad and Pune.
Since he handled telecom, mining, shipping and transportation industries, we are looking into all his activities at the ministry. This could possibly be a case of industrial espionage," a senior police officer of the special cell, involved in the case's investigation told rediff.com.
Delhi Police have arrested a 1994-batch Indian Administrative Service officer, posted in the internal security division of the home ministry. Ravi Inder Singh, a deputy secretary of the West Bengal cadre, was under surveillance for over a month by the intelligence agencies.
The US and Europe are key markets for the over $ 140 billion Indian outsourcing sector.
Asked about the report, MEA spokesperson Anurag Srivastava said, "The political judgements of Freedom House are as inaccurate and distorted as their maps."
Industry body Assocham on Monday said country's top CEOs are in favour of signing a specialised free trade agreement with the European Union in services.
Falling revenues, increased capex, and first full year of spectrum debt may make things worse
Seasonal weakness may result in modest sequential revenue growth for large Indian IT firms in the January-March 2016 quarter, analysts said.
To revive BSNL and MTNL, DoT is taking various initiatives.
Investments totaling over $9.5 billion in Jio Platforms by a clutch of private equity firms, following social media giant Facebook's $5.7 billion mid-April investment in the company, helped overall.
Senior Indian Administrative Service officer P J Thomas was on Tuesday sworn in as the new Central Vigilance Commissioner amid a boycott by main Opposition Bharatiya Janata Party, which has been objecting to his appointment to the post in view of his alleged tainted background.
Modi has appointed P K Sinha, who superannuated as cabinet secretary on Friday, as Officer on Special Duty (OSD) in the Prime Minister's Office (PMO), he said.
'I could not get myself to accept a 300 per cent salary hike when armed forces veterans are forced to take to streets demanding equitable treatment for their pension,' says Rajya Sabha MP Rajeev Chandrashekhar.
the broader NSE Nifty settled 114.90 points, or 0.96 per cent, higher at 12,086.70. Axis Bank was the top gainer in the Sensex pack, rallying 4.21 per cent, followed by Vedanta 3.75 per cent, SBI 3.39 per cent, Maruti 3.20 per cent, IndusInd Bank 3.07 per cent and Yes Bank 2.87 per cent. Bharti Airtel slipped 1.98 per cent, Kotak Bank 1.38 per cent, Bajaj Auto 0.88 per cent, Asian Paints 0.31 per cent, HDFC Bank 0.05 per cent and HUL 0.03 per cent.
Cambridge University Press plans to introduce its dictionary on mobile phones in India and is looking for a service provider, Stephen R Bourne, CEO, CUP, said.
The promise of a less suspicious government is surprising. What about the disconnect between the new business stance and earlier push to dictate the narrative in politics and public life, wonders T N Ninan.
Company is also facilitating this growth by playing an active role in reduction of prices of 3G-enabled smartphones.
15 per cent of startups in Silicon Valley are founded by Indians.
Do a straw poll of any business friends and you will laugh and weep at what they go through, points out Rahul Jacob.
Don't expect the synthetic stones to surpass natural ones anytime soon because the world's biggest miners of diamonds aren't looking to get into man-made diamonds.
Indian IT giant Tata Consultancy Services, telecom major Bharti Airtel and wind-turbine maker, Suzlon are among the global firms that have high sustainable development standards, a report by leading Swiss lender, Bank Sarasin, has said.
As the nation woke up to images of Prime Minister Narendra Modi splashed across the front page of newspapers by Reliance Industries to announce the launch of its 4G services, Shiv Sena's Member of Parliament from South Mumbai, Arvind Sawant, was not impressed.
The party has been objecting to Telecom Secretary Thomas' appointment, saying that the move was aimed at burying the ongoing probe by the Central Bureau of Investigation into the Rs 60,000 crore spectrum scam.
At least two of them - Lava and Micromax - are arming themselves against the Chinese rivals which made them insignificant in the local market over the past few years.
Infosys claims it can deliver a full-fledged applications store within 6-8 weeks, with its application platform Flypp.
The economic costs now beginning to show up in the hard numbers are far worse than initial expectations.
Regulators will need to allow the model to evolve to allow profits to flow, says Una Gulani.
Engineering graduates specialising in artificial intelligence and machine learning can earn up to 24 lakh a year, says Saran Balasundaram, founder and CEO, HanDigital, a talent consulting firm.
