A billion dollars in renewable energy is huge.
It, however, remains to be seen how much money Softbank actually puts in, what the implied equity valuation is and if the e-commerce venture is included in the Jio entity.
The decision was taken as keeping it operational could have been risky, the official said.
Documents accessed by Business Standard show owners of suspected Hong Kong-based shell companies are spread across the globe.
UV Asset Reconstruction Company Ltd has made the highest bid of Rs 16,000 crore to buy Anil Ambani group's Reliance Communications and Reliance Telecom, which are in the National Company Law Tribunal (NCLT). Last year it was the highest bidder for taking over Aircel's assets for an upfront payment of Rs 150 crore. Surajeet Das Gupta and Dev Chatterjee dig deeper to find out more about this little known company.
Happy New Year! Stunning fireworks displays welcomed the New Year across the world. Take a look.
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
Real estate companies have asked the government to give them infrastructure status that will enable them to access cheaper money raising options. Does the speculative sector deserve this?
In 2020-2021, the amount of foreign direct investment into India from China and Hong Kong plummeted to just $200 million -- its lowest in the recent past. In the first half of 2021-2022, FDI investments through these two nations stood at just $36 million.
In absence of drinking water and electricity during the mid-May summer, life in the coastal districts remained derailed even four days after the calamity.
UBS Wealth Management Americas, Bank of America's Merrill Lynch and Morgan Stanley all employ several retired Olympic athletes.
Sales decline as rates back to pre-recession levels; observers divided on reason.
A bigger problem is that there is no clear definition of "call drops".
Idea Cellular will have to furnish an undertaking that it will entertain all the liabilities whenever a final decision is taken by the courts
'GIFT City is now on a growth trajectory,' says Tapan Ray, MD and group CEO, GIFT City, 'The time has come for the GIFT City to take the big leap and emerge as the next financial hub of Asia.'
Realising, that there was a ground swell of anger against several lower level TMC leaders who were often accused of petty corruption in execution of public welfare schemes, Kishor designed the 'Didi Ke Bolo' (Tell Didi) campaign under which citizens could directly approach Chief Minister Mamata Banerjee with their grievances.
Will the Modi-Shah combine replace Vijay Rupani as Gujarat CM?
RCom had net debt of about Rs 40,222.6 crore at the end of June 30.
In the broader market, the S&P BSE Midcap ended 0.1% down, while the S&P BSE Smallcap index gained 0.3%.
Gains in financial shares capped further downslide.
The 2019 winners of the Art of Building competition, run by the Chartered Institute of Building, have been announced. Take a look at the winners from the competition.
GIFT is a financial centre almost entirely devoid of bankers and, indeed, of people.
Vodafone to invest 1.3-billion pounds in upgrading and expanding its network in India.
Chairing an exclusive roundtable with 42 global CEOs and top executives from across 20 sectors, Modi stressed on continued political stability in India, predictability of policy, and pro-development and pro-growth policies.
Srei Infrastructure's vice-chairman -- and former Assocham president -- Sunil Kanoria discusses the Kanoria businesses and his impression of the Modi government with Ishita Ayan Dutt and Namrata Acharya.
Short-covering and the propping up of net asset values have potential to boost frontline as well as second-rung names next week
Bells tolled across New York City, United States President Trump spoke at the Pentagon and moments of silence were observed across the nation on Wednesday as America commemorated the 18th anniversary of the September 11 terror attacks.
These images prove we live in a wonderfully weird world.
Global banking major Citigroup has stuck the biggest property deal in recent years in the country by paying a hefty Rs 985 crore (Rs 9.85 billion) for six floors in the upcoming First International Financial Centre (FIFC) Tower at the coveted Bandra-Kurla Complex, to house its country headquarters.
These incredible photos show some of the spectacular scenes captured by photographers as part of the annual Landscape Photographer of the Year competition. Photographers from across the United Kingdom submitted images from wildlife to stormy waves, as well as cityscapes and 'winter wonderland' style scenes. The overall winner of the 2020 competition, whose photo stands in pride of place on the first page of the book, was Chris Frost, whose early-morning shot of Woolland Woods in Dorset shows a blanket of mist rolling over a bank of white wild garlic.
The four-day Durga Puja festival in West Bengal and other states ended on Thursday with people celebrating Vijaya Dasami which marked Goddess Durga's return to her husband's home.
Millions of French soccer fans were delirious with joy on Sunday as France beat Croatia 4-2 to win soccer's World Cup in a pulsating final in Moscow that sparked ecstatic scenes from Paris to Marseille and beyond.
When Kamath took over the organisation, ICICI had 33 subsidiaries. He gradually brought them down to 24 and then to a dozen, preparing the organisation for an initial public offer in December 2005.
The Indian authorities feared that these apps were transferring consumer data to locations outside the country, especially China, in an unauthorised and surreptitious manner. With servers in India, the data of local consumers would be stored in the country.
Aircel executives said the company could offer value to big boys like Airtel or Jio as a low-end mobile services brand
Remember the US withdrawal agreement was signed in February 2020. In the intervening period, a proper evacuation plan ought to have been in place. It was not. Consequently, tens of thousands of Afghans who had worked as interpreters, drivers, suppliers of goods and services, etc, face brutal retribution from the Taliban, Virendra Kapoor points out.
Ahmedabad-based crypto firm Kali Digital Ecosystems' plea against the ban will be heard on July 20.
Paris is suffering the worst flooding in more than 100 years on Saturday forcing the Louvre to evacuate 250,000 pieces of art to safety from its basements.
Anil's RCom straddles 2G, 3G; Mukesh has spectrum to operate in 4G.
