The proposed company, Yu Televentures, will import handsets from China and sell in the Indian market.
FMCG and healthcare firms are keen to push online sales.
In another round of economic booster, Sitharaman announced steps to help homebuyers and push exports.
Not only does the new US Congress have the first Indian-American US Senator, for the first time in history it also has four Indian Americans in the House of Representatives! Glimpses of the change of guard.
'As a member of Congress, it was important to meet with Prime Minister Modi. Promoting the India-US relationship is a priority. It is important to have a constructive dialogue with the biggest democracy in the world,' US Congressman Mike Honda tells Ritu Jha/Rediff.com
India, World Bank ink $375 mn deal to help develop country's first waterway
The growth premium India enjoyed has largely been lost.
These zones are on the main roads of the district and closer to police, army and paramilitary Central Reserve Police Force establishments, the official said.
The incident took place at Asawati village in the Faridabad parliamentary constituency where polling was held on May 12.
Imports also fell for the eighth consecutive months, down 0.75 per cent to $41.14 billion in January, widening the trade deficit to a seven-month high of $15.17 billion.
Abhik Sen explores Apple's Monument Valley 2 and Gameloft's Asphalt Street Storm Racing.
The Income-Tax department will have a say in mergers, demergers and amalgamations in 2006-07, with the Registrar of Companies (RoC) referring the first set of cases for clearance to the department.
Raamdeo's base argument is that India's stock market merely mirrors the national economy, which is poised for big things.
Smokers and tobacco consumers will have to shell out more for their indulgence as Finance Minister Arun Jaitley continued with the crackdown on cigarettes and tobacco products by increasing taxes in the Budget for 2017-18.
Hit by scams in recent times, the IPL is yet to prove a good business move for its franchisees.
Clarifying on reports of proving Ram Rahim Singh with 'luxurious' items, KP Singh said that no RO system or attendants have been provided to him, as it was said in media reports.
Temperatures have soared to 50.3 degrees Celsius, but no deaths from the heat have been reported from Churu.
Manasi Joshi and Rohit Roy celebrate their only child's 17th birthday in the Maldives.
Rohit, went on to score 264 runs against Sri Lanka at the Eden Gardens
Ministry of Corporate Affairs is now likely to examine whether all active companies have PAN or not
Individual banks should break away from the industry pact and have their own settlements with the unions, recommends Tamal Bandyopadhyay.
Fans of Michael Schumacher will hold a 'silent' vigil for the injured Formula 1 driver to mark his 45th birthday on Friday.
'I will be one of the most impactful players in Washington from day one because of the constituency I represent, which is the greatest, most influential constituency in the country, in the world. The only majority Asian district, with a huge Chinese-American and Indian-American population in a world which is going to be dominated by the United States, China and India -- the heart of the high tech innovation economy.' Ro Khanna, whose election campaign has America buzzing, speaks to Rediff.com's Aziz Haniffa.
Saeed Mirza's advice for young India
The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
The US House of Representatives impeached President Donald Trump by 232 to 197 votes for his role in last week's Capitol Hill riot, making him the first president in American history to be impeached twice.
Akashdeep Singh scored two goals as India posted a comfortable 3-0 win over Asian champions South Korea to finish a lowly ninth in the men's hockey World Cup at the Kyocera Stadium at The Hague in The Netherlands on Saturday.
Here's what your favourite Bollywood celebrities are tweeting.
'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.
Thirty companies which generated an average RoCE of 30 per cent for five years have seen their market cap rise by 90 per cent.
A Capitol Police officer was killed and another injured after a man rammed his car into a security barrier outside the United States Capitol and then got out of the vehicle and lunged towards the officers with a knife, setting off a major security scare.
Sport stars, fans react to Rohit Sharma's mammoth 209 off 158.
'I was shown something about him practicing at the nets for Mumbai Indians so I don't know what kind of injury it is. 'If the injury was serious he wouldn't even be padded up.'
What is the 'Return on Equity' ratio? We discuss this ratio that deals with book-value or 'equity'. It and is used to measure the 'efficiency with which a company utilises the equity capital.'
Modi, Shah and Nadda have created a strategy to boost the BJP and the government's image.
The amazing story of a young girl's sojourn from Mumbai's fringes to the glitz and glamour of New York.
The CEO office said that the Returning Officer took such a long time due to the rush of candidates on the last day of filing nomination papers. The response came hours after a number of AAP leaders alleged that around 35 candidates with incomplete set of papers were insisting that they would not allow the CM to file his nomination unless their nominations were filed.
The good and not so good observations about the highest performing motorcycle in the world
Pelosi, 80, secured 216 votes in a tight contest against Republican Kevin McCarthy, who got support from 209 Congressmen, after Democrats lost 11 seats in the November elections to command a narrower 222-212 majority.
The keyboardist and bestselling author was 74.
