Telecom infrastructure player Indus Towers has been largely ignored by investors with occasional bursts of trading when there's news flow. For example, the stock fell from Rs 188 (Jan 1, 2023) to Rs 135 (Jan 27) and then bounced back to Rs 165 in early February as the Government of India (GoI) converted Vodafone Idea's (Vi) debt into equity and Bharti Airtel pushed up its direct stake in Indus to 47.95 per cent. The cash-strapped Vi holds 21 per cent stake in Indus Towers and Indus also has substantial receivables to come in from Vi which is a negative overhang.
The income-tax department has detected "unaccounted" transactions and investments worth more than Rs 100 crore after it raided two Jharkhand Congress MLAs, their alleged associates and linked coal and iron ore businesses across the state last week.
The Tata-controlled Videsh Sanchar Nigam Limited has come under sharp criticism from American companies who have complained about the restrictive policies adopted by it on international bandwidth access.
The Supreme Court said on Wednesday the issues related to the Maharashtra political crisis, triggered by the differences in the Shiv Sena, are "tough" constitutional questions to decide as they have "very serious" ramifications for the polity.
'Who would think of making a bank of poor women? She had vision and boldness.'
The US has hailed India's recent move to withdraw the additional duty on beer, wine and distilled spirits, saying it was a positive step.
Deputy US Trade Representative Karan Bhatia, has defended the Bush Administration's action to deny duty-free tariffs for imports of gold jewelry
India and the United States enjoy excellent relations and these can be further strengthened through extensive trade and business between the two countries, said Senator Satveer Chaudhary of Minnesota state.
The United States has a moral and national interest in helping poor and struggling countries transform themselves into free and hopeful societies, Bush said.
The United States has accused Tata group company VSNL (Videsh Sanchar Nigam Ltd) of impeding competition for American companies in the bandwidth market by resorting to unacceptable pricing mechanism.
Indian mangoes are all set to tickle the taste buds of Americans with the Bush administration clearing the way for exports to the US this harvest season, which would give farmers here access to the global market.
Qin, who is visiting New Delhi to attend the G20 Foreign Ministers meeting on Thursday, is expected to meet Jaishankar on its sidelines though the foreign ministry here is tight-lipped about it.
Top law makers led by Chairman of Foreign Affairs Committee of the House of Representatives Tom Lantos have urged the Bush administration to maintain favorable conditions for importing products from India to keep up the pace of its trade with the Uni
A number of controversies including the sudden refusal by the Prince to have a royal premiere for the film could push the British distributor to give the film a strong release, perhaps taking it to over 60 screens in a month.
Over 95 per cent of organisations in India have experienced new types of fraud incidents in the past two years, a PwC Survey said on Tuesday. Following the outbreak of the COVID-19 pandemic, the uncertainties associated with it, subsequent shift to digital operations and remote working, businesses have been exposed to new risks related to digital security, employee safety and disinformation, said the PwC's 'Global Economic Crime and Fraud Survey 2022' report.
Reacting to Trump's latest move, China has vowed to immediately retaliate.
Former US Trade Representative and US Deputy Secretary of State, Robert B Zoellick (53), is said to be the frontrunner for the post of the next World Bank president, according to a report in the Financial Times.
Developing countries have stressed on evolving a high-level cohesion among themselves for achieving development objectives at the ongoing WTO negotiations.
Manmohan Singh and Musharraf felt that what they were embarking upon, if successful, could lead to a future of boundless potential for the two countries and for the relationship that was hard to foresee from the prism of the existing situation and the historical position and orthodox ideas on both sides.
India on Monday joined a US-led initiative to set up an Indo-Pacific Economic Framework to bind partner countries to achieve common goals, with Prime Minister Narendra Modi asserting that New Delhi will work with the stakeholders to make it an "inclusive and flexible" structure to pave the way for development, peace and prosperity in the region.
Chinese foreign ministry spokesperson Mao Ning said China believes that state-to-state interactions should be in line with the trend of the time which is peace and development rather than exclusivity.
Observers say China should re-address its policies towards India or else it will continue to face flare-ups increasing the tensions between the two countries at a time China's increasing tension with the US over Taiwan and the South China Sea besides the downturn in the Chinese economy which is hit hard by the zero-covid policy.
Thailand welcomed "knowledge workers" from India and is keen on a partnership with New Delhi in helping the South East Asian country
Telecom major Videsh Sanchar Nigam Ltd on Monday said all issues with Reliance Infocomm over Flag Telecom
India was among the 14 countries, including Pakistan and Russia, which remained on the 'Priority Watch Lis't of the United States for "inadequate and ineffective" enforcement of patent laws.
Prime Minister Narendra Modi will visit the Indonesian city of Bali from November 14 to 16 to attend the G-20 summit, the ministry of external affairs announced on Thursday.
With as many as fourteen Australians taking part in the inaugural edition of the Women's Premier League, CA CEO Nick Hockley was happy to see the growth of women's cricket.
The shipping business is like the heaving sea -- it's up and down, observes Shyam G Menon.
Images from Day 5 of the 2023 Wimbledon Championships on Friday.
You will come across many a hurdle while purchasing a used car. That, however, cannot keep you away from realising your dream.
Gold exchange traded funds (ETFs) witnessed a net outflow of Rs 248 crore in February, making it the second consecutive month of withdrawals as investors preferred equities over other segments on record SIP flows. Net outflows from the gold ETFs were at Rs 452 crore in the month of January. Prior to that, the asset class had seen a net investment of Rs 313 crore, according to the data of Association of Mutual Funds in India (Amfi). Despite the outflows, the category witnessed an increase in net assets under management (AUM) of gold ETFs to Rs 18,727 crore at the end of February from Rs 17,839 crore in January-end.