India let in two goals in the last 10 minutes after leading 1-0 to suffer a heartbreaking 1-2 loss to defending champions Qatar in their second group match of the Asian Games football competition in Guangzhou.
The Gulf Cooperation Council countries -- Bharain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates -- present a lot of trade opportunities for India, he said. The Assocham has been promoting India as an investment destination for infrastructure, biotechnology, power, roads, IT and allied sectors. It has also created an Andhra Pradesh Investment Cell to attract investments to the state.
As the Indian Army reported its first case of the infection with a 34-year-old soldier testing positive in Leh, the Army said it has taken a series of precautionary measures to prevent the spread of coronavirus among the forces such as checking flu symptoms among soldiers on their return from leave and cancelling non-essential travel, conferences and recruitment drives.
Director Rahul Dholakia's film, which is based on the troubles in the Kashmir valley, will not be screened in Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates.
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During the exclusive agreement, Bharti would assess the financial parameters and other related issues, including regulatory norms that are needed to be in place for the deal that could make Bharti among the top 10 operators globally.
'Our culture, our history, our achievements are great and we should start celebrating them.' 'I am glad our movies are doing that and Mission Mangal is doing that.'
A consortium comprising India's telecom PSUs BSNL and MTNL, among others, on Monday said it has started negotiations for acquiring control of Kuwait's biggest phone company Zain Telecom that has presence in 24 countries.
The concern about such an explosive hidden in a laptop or an electronic device prompted the US and the UK to prohibit travelers flying out of 10 airports in eight countries in the Middle East and Africa from carrying laptops and other large electronic devices aboard planes.
India's numero uno squash player Saurav Ghosal has moved up three places to the 29th spot to achieve his career-best ranking in the latest PSA Rankings released on Saturday.
Over three kg of gold, worth Rs 91 lakh, was seized on Sunday in two separate cases at Chennai and Kochi airports.
A new dimension will be added to the India's growth story by Bharti Airtel's acquisition of Kuwait's Zain Telecom, besides enhancing the country's brand equity
Once the deal is through, Bharti Airtel would be the seventh largest telecom company in the world, with a subscriber base of 171 million.
The fund is being set up in association with two off-shore partners -- HSH Nordbank, (HSH) Germany and Noor Financial Investment Company of Kuwait. HSH Nordbank is a major financier in the transportation sector especially in shipping and aviation. In India, it has participated in debt financing for the modernisation of the Delhi airport. Noor is the financial arm of NIG Group, a conglomerate.
Geet Sethi shrugged off a first frame deficit to thrash Kuwait's Ayyoub Alsharrah in the Masters category, while World champion Pankaj Advani continued his brilliant run in the men's event, defeating compatriot Sandeep Gulati, in the IBSF World Snooker Championships, in Hyderabad, on Thursday.
State-owned Bharat Sanchar Nigam Ltd (BSNL) is likely to exit the consortium comprising Delhi-based Vavasi Group and Malaysia's Al-Bukhary to acquire 46 per cent in Kuwait's Zain Telecom.Talks, which have been on for two months, have fallen through over valuations, and Vavasi is expected to announce a new consortium partner in a week or two. Vavasi Group Managing Director Farid Afruddin declined to comment on this information.
With competitive pressures increasing at home, Bharti is making a third attempt to gain a foothold in the African market.
It also had other suitors like French company Vivendi, Egyptian company Etisalat and even MTN.
A consortium led by Delhi-based Vavasi group has sent feelers to China Mobile, the world's largest telecom company, for a possible joint bid for Zain Telecom, adding another element of complexity to the battle for the Kuwait-based company that involves India's two state-owned telecom service providers.
Churchill Brothers put up a spirited fight before crashing out of the AFC Cup after losing 1-2 to Kuwaiti powerhouse Al Qadsia in the single-leg pre-quarterfinal match in Kuwait City.
In yet another evidence which proves the involvement of Pakistan-based terror groups in the November 2008 Mumbai terror attacks, five out of ten Internet Protocol (IP) addresses used for the ghastly act has been identified to be located in that country.
East Bengal slumped to their fourth straight defeat in the AFC Cup after a 1-4 drubbing at the hands of Al Qadsia in their away match in Kuwait City.
Zain Telecom on Wednesday said it would earn $3.3 billion from sale of its African assets to Bharti Airtel for $10.7 billion even as the Indian operator said the deal is well-priced.
The loans in rupees would cover any associated transaction costs. Standard Chartered Bank, State Bank of India and Barclays are the major contributors to this debt portfolio.
"This is the third year in a row that India makes to top 10 in Doing Business, which is a success which very few countries have done over the 20 years of the project, Without exception, the other countries that have done this are very small, population-wise, and homogeneous," Simeon Djankov, Director of Development Economics at the World bank told PTI in an interview.
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
Telecom giant Bharti Airtel on Tuesday said it would pay about $9 billion (nearly Rs 42,000 crore) to buy African assets of Kuwait-based Zain, announcement of which pulled down Indian firm's share prices by 13 per cent in two days.
India, along with 10 other countries, was on Tuesday provisionally cleared to participate in next year's AFC Champions League.
India on Wednesday said even 'a few steps' by Pakistan in the Mumbai terror attacks probe will satisfy it and help in resuming the composite dialogue process.External Affairs Minister S M Krishna said India will be 'quite satisfied' with 'a few steps' by Pakistan in the course of the 26/11 investigations. This, he said, will "certainly make it easier for India to carry on normal business with Pakistan". Pak has been strongly advocating the resumption of the Indo-Pak talks.
The Zain deal raises much speculation about Arifuddin's money and clout. Who is backing him? What is his relationship with politicians? Is he merely a front man for big players in telecom?
Gulf Cooperation Council member countries will see their gross domestic product grow at 5.2 per cent in 2010 on the back of rising oil revenues, the IMF has said.
Essar group, which is buying out the Uganda and Congo assets of Warid Telecom -- a joint venture between the Abu Dhabi Group and Singtel and is present in Kenya, has also reportedly been sounded out by Zain shareholders. A company spokesperson, however, declined to comment on the issue.
Given that India will get a huge part of its oil supplies from Iran through its government-owned oil PSUs, any unwelcome shocks in global crude rates could be absorbed well enough.
First look of US First Lady trying on the Islamic headscarf
Aims to save time in entering infotech retail The MobileStore, the Esaar group's mobile phone retail chain, has announced the acquisition of the operations of Impact Retail Pvt Ltd for an undisclosed amount.
Asked if BSNL is looking to approach Zain directly, he said "no further progress as far as this proposal on Zain is concerned".
With the global financial crisis affecting Indians in the Gulf region, Vice President Hamid Ansari has said the Indian government was mulling steps to ensure the welfare of expatriates reeling under the meltdown.
Vavasi group, a New Delhi firm with diverisifed interests, on Wednesday said it would approach government-owned BSNL and MTNL to join in doing due diligence of Kuwait's Zain Telecom.
Out of contention for a spot in the next round, India scored a consolation 4-1 win over Afghanistan in their AFC Under-19 Championship qualifiers Group C match at Arbil, Iraq.
An Indian firm Vavasi Telecom is trying to rope in Bharat Sanchar Nigam Limited and Mahanagar Telephone Nigam Limited to pick up a stake in Zain.
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