Whatever the critics may say, the numbers suggest that India continues to be a favourite destination for foreign investors.
The company will use the proceeds to part-repay its debt, which stands at Rs 34,000 crore (Rs 340 billion) even after the recent qualified institutional placement of its shares. An RCom board committee recently approved the sale of these assets.
Recent easing of restrictions does not address the pain in the sector.
'India is so poor that political parties will not be able to wipe out poverty from our country in another 100 years. I am of the opinion that development can come only through corporates.' 'Tomorrow, if Tata or Birla or Reliance takes up another 500 panchayats, it will boost the Indian economy also.' Sabu M Jacob, managing director of the Kitex group whose NGO Twenty20 has just won a panchayat election in Kerala, speaks to Shobha Warrier/Rediff.com
Shuvajit was confident of making a huge difference in the lives of people in rural India.
TRAI said that Internet service providers would not be allowed to discriminate on pricing of data access for different web services.
Prime Minister Narendra Modi on range of issues -- from Rafale deal to Ram temple and triple talaq.
'The BJP portrays a make believe world.' 'The Tripura victory is being seen by some as a result of bahubal and money power -- but that would be a very simplistic explanation.' 'Money and muscle power can play a role up to a point, but the BJP's victory is remarkable because it replaced a party that was in power for 25 years.'
Drones may have been used for non-lethal purposes but state-sponsored assassinations and semi-covert wars are fuelling their boom and not scientific missions or creative activists, says American political activist Medea Benjamin.
Business opportunity after phased diesel deregulation the main trigger.
BSE Mid-cap and BSE Small-cap lost 2.5% and 3.1% after oil prices soared
Sensex gained over 100 points and ended at 26147.33 while the Nifty ended 27 points higher at 7,795.75.
'Oommen Chandy may well prove to be the Teflon chief minister whose reputation cannot be tarnished,' predicts Ambassador T P Sreenivasan.
Index heavyweights Reliance Industries, HDFC and Infosys were the top Sensex gainers.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
Cabinet may tweak Rangarajan formula; new price may be further delayed.
I still believe that it is a good thing that think tanks are mushrooming in Delhi. They provide a platform for discussion, even if they shed more heat than light. With Parliament almost incapable of serious debate, informed discussion and civilised discourse, where does this nation get its intellectual churn, asks Mohan Guruswamy.
Irked by India's status as the world's biggest arms importer, Modi wants to build an advanced defence industry
North Korea is unlikely to strike first, but its response in retaliation, if attacked, could be massive even at the expense of its own destruction, says Rajaram Panda.
Acquisition of stressed infrastructure assets has pushed its debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy.
The Sensex ended 290 points higher at 29,095 mark and the Nifty gained 94 points to close at 8,806 levels.
The Bharatiya Janata Party claims it has over six lakh committed workers in Bihar, a team of 10 deployed for each of the 62,200 polling booths.
The central government has said it will look into the matter.
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
'The IPL is by the biggest sports property in the country and having it will give any digital video player an edge.'
Instead of only government departments and state-owned undertakings, the CAG can now audit private companies, too.
