Tech Mahindra on Monday pipped IT giants Wipro and IBM to bag a Rs 2,000 crore (Rs 20 billion) outsourcing deal spread over 10 years from new telecom player Etisalat DB, which is in the process starting mobile services in India.
Legendary Australian fast bowler Jeff Thomson has ruled out any chance of England winning the Ashes urn despite the return of Andrew Flintoff who has been declared fit for his swan song Test.
The government on Tuesday started allocating GSM spectrum to new telecom players, commencing with the Tamil Nadu circle including Chennai, in a move that would infuse more competition in the mobile telephony space.Five new players -- Videocon-promoted Datacom, Idea Cellular, realty major Unitech, Swan Telecom and Loop Telecom -- have been given start-up 4.4 MHz GSM spectrum in Tamil Nadu circle.
In a move that will not augur well for companies which have been awarded 2G licences recently, the Department of Telecommunications (DoT) has rejected proposals by new telecom entrants for a relaxation of rollout obligations.
AIADMK chief Jayalalithaa on Tuesday demanded that Union Communications and IT Minister A Raja resign and face a probe on the 'spectrum allotment scam'.
It was Formula One's own version of the ugly duckling maturing into a graceful swan as Force India shed its backmarker's tag to rub shoulders with the F1 bigwigs in what was nothing less then a heady fairytale season for the Silverstone-based outfit.
New telecom operators who have been given licences to operate pan-India GSM mobile services are all set to fight a bitter battle with the established GSM players like Bharti Airtel, Vodafone and Idea Cellular.
Going by application dates, companies like Spice, Birla-promoted Idea Cellular, Reliance Communications (through Swan and Cheetah) and Hindustan Futuristic are in the lead for licences in different circles. The only new player in the list is the little-known ByCell.Several incumbents like Idea Cellular, Maxis-Aircell, owned by a Malaysian promoter, and Vodafone-Essar lead the list of applicants for initial spectrum allocation since they already hold licences.
Even more curious, while the law says foreigners can have only up to 74 per cent equity in a telecom firm in India, the 3G Information Memorandum says foreigners can bid without having Indian partners if they win the bid, they can then set up an Indian firm and comply with the rules.
"I can understand why he's upset because no one should be subject to taunts, they particularly shouldn't be subject to racial taunts. "Adam Goodes is a good bloke and he's a great player and I hope he'll be treated with respect and civility."
Policymakers should correct the self-created imbalances caused by the hesitant and lopsided integration with the rest of the world.
Marat Safin's swan song hit another sour note at the Montreal Masters with a 6-2, 3-6, 6-2 first round defeat by Frenchman Gael Monfils on Monday.
Addressing a hurriedly called press conference to clear his position in the wake of Left parties demanding a probe, alleging Rs 60,000 crore (Rs 600 billion) loss to the exchequer in spectrum allocation, the minister said that Trai recommendations were followed in letter and spirit.
The Communist Party of India (Marxist) has demanded an enquiry into what it alleges is a Rs 60,000 crore (Rs 600 billion) financial scam involving the manner in which 2G spectrum was allocated by the ministry of communications.
So far, most of those horrified by the dramatic evidence that surfaced last week of Telecom Minister A Raja's largesse on 2G spectrum costing the nation $10bn (that on 3G will probably cost another $5bn) have comforted themselves with one thought: maybe the Telecom Dispute Settlement and Appellate Tribunal, which is hearing the case, will conclude the policy changes were illegal and smacked of favouritism.
Glenn Maxwell equalled the fastest fifty by an Australian in Twenty20 internationals as the tourists clinched a four-wicket win against Sri Lanka on Friday that secured a 2-0 series victory.
The file 'Swan Amended 04 May 05.doc' was created on May 16, 2005 at 1748 hours and was last accessed on the same day, the chargesheet said.
Written by experts in management, business and strategy, these books promise to be inspiring, informative and educational. Some of them may even be fun reads.
After the merger between the two national carriers -- Indian (formerly Indian Airlines) and Air India, the merged airline will have its first flight from Mumbai to New York on August 1, said Union Civil Aviation Minister Praful Patel.
Not to say that India couldn't have handled the situation better, but on average, it didn't do anywhere near as badly as the naysayers make it out argues Rajeev Srinivasan.
Gold, forex assets, IT sector, pharma. Devangshu Datta explains why each of these is a good hedge against market shocks at this time.
It is mood music conforming to the sentimental nature of the story that sets the album apart.
CBI on Monday submitted a list of five witnesses, including Anil Ambani, who are scheduled to be called for recording of their statements before the court.
The Opposition grand alliance is proving to be a non-starter, with senior RJD leaders reluctant to be ordered about by an immature and entitled Tejashswi, observes Virendra Kapoor.
This is a moment when the leaders at the Centre and states must show true leadership for the sake of the country. And it is the top political leaders, not attorney generals or bureaucrats, who should be sitting together and settling this thorny issue of compensation, says Arvind Subramanian, former Chief Economic Adviser to the Government of India.
Bharat is the latest entrant to her top 10 biggest hits list.
The long list has been dominated by the 'Davids' - a new generation of novelists who have yet to become household names.
Investing in special situations can help you tap opportunities that arise during adverse conditions, advises Joydeep Sen.
Any hopes of a Happy New Year will evaporate for Manchester United manager Louis van Gaal if his side fail to beat struggling Swansea City at Old Trafford on Saturday.
The CMM was appointed as commissioner to record 84-year-old Ammal's testimony by a Special CBI Court, holding trial in the case, in the wake of the Supreme Court's direction.
The board finally gives into the demands by activist investor Carl Icahn.
'What kind of insensitivity does it take to get taxpayers to cough up for an aircraft costing a few billion for your personal use, at a time when the country you head is in so much trouble?' asks Sherna Gandhy.
The Supreme Court has asked the CBI to place before it the "files and notings" which purportedly suggest that its Director Ranjit Sinha wants stopping of whole trial against Reliance Telecom Ltd (RTL) and three top executives of the Reliance ADAG, who are accused in the 2G spectrum scam case.
A special Central Bureau of Investigation court on Monday issued a non-bailable warrant against Dravida Munnetra Kazhagam MP Kanimozhi, facing trial in the 2G spectrum case, for non-appearance only to cancel it in less than an hour after her counsel appeared before the court and apologised for the same.
Tewari said BJP's Hindu-Muslim and India-Pakistan rhetoric is the only way for the ruling party to cover up for its failure in improving the economy of the country which is in a shambles right now due to its policies.
The 60,000-seat arena will host its first Test after a rich 47-year run at the nearby WACA, located on the opposite bank of the SwanRiver, and the grassy drop-in wicket unveiled on Thursday has fuelled anticipation of a pace bowler's paradise.
