Says spending $3 billion every year on networks alone
China Development Bank takes Reliance Communications to NCLT over loan default
Manoj Sinha will retain his current role in the railways.
Loop Mobile has debt of Rs 400 crore (Rs 4 billion), which is likely to be included in final deal size.
RJio is targeting the existing base of high-value customers.
Mamata Banerjee said availability of land won't be a problem in Bengal as the state government has a land bank.
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.
With Mukesh Ambani taking over Network 18, the space for disseminating a diverse range of views could shrink, feels Paranjoy Guha Thakurta.
Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.
The auction will help operators augment expansion of high-speed 4G voice and data services in the world's second largest mobile phone market.
Telecom companies that bought spectrum in the 2G auction of November last year would lose around Rs 4,000 crore
The amount is penalty charged on the Mukesh Ambani-led company for failing to develop the C-66 plot in G Block, named as One BKC.
The Aam Aadmi Party has demanded the dismissal of Telecom Minister Ravi Shankar Prasad alleging a conflict of interest that has prevented him from issuing a notice to Mukesh Ambani's Reliance Jio on the 4G issue, a charge vehemently denied by Prasad who said he never gave advice or appeared for the company.
Policy constraints may prevent many of the global retail giants from reaching their full potential.There are too many restrictions right now in the sector and policy makers lack clarity.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
After a two year run-in with controversies, telecom sector now looks stable and seems back on its feet with initial investment proposal of over Rs 11,000 crore (Rs 110 billion) received in 2013.
Markets under pressure; IT financials grab spotlight.
Indian telecom seems to be getting back on its feet.
At the moment, data and broadband is small for BSNL: it contributes 10 per cent of the company's revenue, though its share is on the rise.
DoT had raised the demand on December 22 and asked RCom to pay within a month.
The telecom industry is moving towards a five-plus one model.
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
A look at the top tweets from your favourite Bollywood celebrities.
India Inc has few leaders who are likely to grab headlines in 2015.
Ambani brothers on Wednesday showered lavish praises on Prime Minister Narendra Modi saying, India has now got a decisive and visionary leader.
Spectrum was sold at about 68 per cent premium.
'Everything will be decided by the Centre.' 'Universities will have no autonomy to start a new course or introduce a new syllabus.'
The numbers in India may not be as big but the opportunity for serious growth is all there.
On a weekly basis, the Sensex climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent
No one is quite sure when the soft launch is likely.
Sensex may remain under pressure this week due to weak global factors.
Telecom companies put in bids worth a total of about Rs 45,000 crore (Rs 450 billion) on the second day of the auction on Tuesday, with premium 900 Mhz band in Delhi, Mumbai and Kolkata witnessing continuing demand.
RIL has faced protests from local authorities, activists and residents across India campaigning against masts and roadworks.
Sensex, Nifty end the day in red on unfavourable cues from global markets.
The one common theme across companies that have rewarded shareholders is consumption.
'We referred the case to the attorney general.' 'I told Mukul Rohatgi, "mujhe aap ka honest opinion chahiye".' 'He too said those were different offers.' Trai could not have stopped Reliance even if the Jio offers had been the same, Trai chief Ram Sewak Sharma tells Subhomoy Bhattacharjee.
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
Markets in green tracking firm global cues.
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