According to Sud, MYNL had sold most of its holding in Satyam immediately after the IT major made an aborted bid to acquire Maytas Infra and Maytas Properties for $1.6 billion on December 16, 2008. MYNL still holds 6,000 equity shares of Satyam.
WiMax is a telecommunications technology that provides broadband speed without the need for cables. "The subscriber equipment cost or the cost of the instrument that facilitates WiMax is still priced at about $ 175-200 (Rs 8,225-Rs 9,400). So ways and means have to be worked out to offer a feasible tariff," explained a senior BSNL executive.
Eric Pickles, Former Prime Minister of Sweden and Co-Chair of the World Commission on Forests and Sustainable Development, presented the award at the third 'Global Conference on Sustainability' in London on Thursday night.
It was the first time Verstappen, winner of a record 19 of 22 races last year, has won the first two races of a season. He has also won 19 of the last 20.
Formula One world champion Max Verstappen took pole position for a third straight year at the Japanese Grand Prix on Saturday, with Sergio Perez qualifying a close second to ensure a Red Bull front-row lockout.
Warburg Pincus on Monday enhanced its stake in Max Healthcare to 23 per cent with a second round of investment of Rs 115 crore (Rs 1.15 billion).
It is recommended to get rid of gallstones as they are always a nuisance with an attack of gallbladder inflammation waiting to happen, says rediffGURU Dr Hemalata Arora.
Mercedes driver George Russell has been disqualified and lost his Belgium Grand Prix win on Sunday, after his car was found to be underweight, and his teammate Lewis Hamilton was promoted to first place.
Lando Norris put McLaren on pole position for the Spanish Grand Prix on Saturday
Security agencies searched over 100 hospitals and malls in the national capital after they received bomb threat emails on Tuesday. However, it turned out to be a hoax as nothing suspicious was found, officials said.
Cosmetics have been used since Egyptian times. They were also commonplace in Ancient Greece and the Roman Empire. Take the Rediff Business Quiz and find out how much you know about the world of beauty.
Days before Sony Group pulled the plug on the $10 billion deal, Zee group founder Subhash Chandra had written to Finance Minister Nirmala Sitharaman, blaming Sebi for trying to "scuttle" the merger of its flagship media firm Zee Entertainment Enterprise with the Japanese firm and subsequent investment in the merged entity. Alleging market regulator Sebi is "acting with a predetermined mind", the Zee group patriarch requested the finance minister to take the necessary steps "to safeguard the interest of the minority shareholders of Zee". Chandra in his letter dated January 16, seen by PTI, said Zee and all other people have been cooperating in the investigation related to the alleged fund diversion by promoters and expressed concern over a new notice issued by the market regulator to former directors of Zee.
Insurance companies reported nearly 23 per cent growth in first year premium in the first quarter of financial year 2024-25, when compared to the same period last year, with market leader LIC leading the charge with 28 per cent growth. According to the data released by the Life Insurance Council, the new business premium (NBP) increased by 22.91 per cent year-on-year (Y-o-Y) to ~89,726.7 crore in Q1FY25 from ~73,004.87 crore in Q1 FY24, reflecting a robust demand for insurance policies in the country.
Max New York Life Insurance Co Ltd, 26 per cent owned by New York Life, expects the premium income of private life insurers in India to grow at a compounded annual rate of 75 per cent over the next five years.\n\n\n\n\n\n
Intel Capital, the investment arm of Intel Corp, is seeking further investment opportunities to support its WiMax (Worldwide Interoperability for Microwave Access) strategy, since it believes the technology could shake up the wireless data market.
Red Bull's Max Verstappen sang "Viva Las Vegas" after racing to a record-extending 18th victory of the season and joining Sebastian Vettel in third place on Formula One's all-time winners' list.
Private life insurers experienced reasonable growth in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24), and the October data is also encouraging. The individual weighted received premium (WRP) for private players grew by 19.8 per cent year-on-year (Y-o-Y) in October. However, Life Insurance Corporation (LIC) of India had slower growth, pulling the industry growth rate down to 13 per cent Y-o-Y.
Red Bull's Max Verstappen won a rain-delayed and shortened sprint race from pole position at the Belgian Grand Prix on Saturday to stretch his Formula One lead to 118 points.
Air India Express along with SpiceJet and Jet Airways is one of the three main targets for Boeing in the country as it promotes its new 737 MAX aircraft, which is scheduled to enter commercial operations in 2017.
Max Verstappen added his name to the list of triple Formula One World champions on Saturday after Red Bull team mate and sole title rival Sergio Perez crashed out of the Qatar Grand Prix sprint race.
Simone Biles won the vault final on Saturday to clinch her third gold medal of the Paris Games, dominating the competition with her signature Biles II vault to beat Brazilian silver medallist Rebeca Andrade with American Jade Carey taking bronze.
George Russell led Lewis Hamilton in a Mercedes front-row lockout in qualifying for the British Grand Prix on Saturday with McLaren's Lando Norris completing a rare one-two-three of home drivers.
The only hope for WiMax operations in South Asia will be India, according to the Yankee Group, since even in countries like the US and other advanced nations, the technology "cannot be rated as successful".
Younger people, who usually have a longer investment horizon which allows them to handle the interim volatility, may go for them.
With the Insurance Laws (Amendment) Bill awaiting Parliamentary approval, Max India, Analjit Singh's flagship company, has started discussions on divesting 23 per cent out of its 74 per cent shareholding in Max New York Life Insurance to its foreign partner.
It is doubtful there has been a more popular winner of a Formula One race in recent years than McLaren's Lando Norris, who was celebrated by everyone from Max Verstappen to Donald Trump following his victory at the Miami Grand Prix on Sunday.
Soma Networks, a US-based provider of mobile Worldwide Interoperability for Microwave Access (WiMAX) products and services, plans to launch compact WiMAX-enabled devices in India within six months.
Next year, the company would come out with an optimised Penryn microprocessor which would be fitted with Wi-Fi and Wi-Max.
Have you wondered how many days of work -- depending on your net monthly income -- you would have to put in to buy the top-end iPhone 16 Pro?
Continuing the efforts to strengthen its presence in telecom JV with Hutchison, Ruias' Essar Group is considering buying Max Telecom and IL&FS's 3.16 per cent stake in the Hutch-Essar joint venture.
Double world champion Max Verstappen ran away with a Saturday sprint race in a Red Bull one-two at the Austrian Grand Prix.
This is an increase from a Boeing forecast last year of 1,450 new airplanes worth $175 billion.
Multi Screen Media, which will telecast live the upcoming players' auction for The Indian Premier League's fourth season on Set Max, is selling advertising slots for Rs 50,000 per ten seconds, a premium of about five times compared to a regular day. The broadcaster has already started selling ad space for for the two-day event, in Bangalore on January 8-9.
Chopra had claimed the silver at this event in 2022.
Himanshu Juneja takes a closer look to find out what the phablet from Xiaomi is all about.
