While Vodafone will hold 45.1% of the shares in the new entity, to be renamed at a later stage, Kumar Mangalam Birla and other promoters of Idea group will hold 26%. Vodafone India will also transfer 4.9% of its shareholding to Idea's promoters for a cash consideration of Rs 38.74 lakh crores.
Gold buyers in Asia were in no hurry, anticipating the market to weaken further, with premiums in India and Hong Kong picking up only modestly this week
HSBC's Swiss bank routinely allowed clients to withdraw "bricks" of cash
The six-member monetary policy committee voted 5:1 for the decision, with only Ravindra Dholakia voting for a 0.25 per cent reduction in rates.
'The government that is talking all the time about national security and national interests should be concerned.' 'When national interests are jeopardised by their own project, they should pause and listen.' 'Whether it is the BJP or the Congress, they all want control over the people.' 'They don't give a damn if anything happens to the people of the country; they are only interested in what they can get out of the data.'
Swine flu claimed the lives of 40 more people in the country as the toll from the disease reached 1,115 while the total number of cases breached the 20,000 mark.
'Those who were not co-operating are co-operating now.' 'Now, our facilities are fit, our doctors are fit and we have a better protocol of how to do isolation, how to do the collection.'
The bench said it was necessary that question of 'judicial independence is accounted for in the balancing exercise' with RTI.
Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.
Small- and mid-cap stocks continued facing selling pressure due to stretched valuations.
TCS on Thursday said the digital segment is the fastest-growing revenue stream, accounting for 12.5 per cent of the overall sales of the IT giant which sounded confident of surpassing the $5-billion target in the segment over the next five years.
In April, RBI had to issue a warning about a mobile application.
Commerce and Industry Minister Suresh Prabhu is slated to meet senior executives of Apple on the sidelines of the World Economic Forum in Davos later this month.
New York's main contract, West Texas Intermediate for February delivery, was up 22 cents at USD 98.64 in mid-morning trade while Brent North Sea crude for February rose 17 cents to $ 110.97.
Despite the Congress having nearly four times as many members in the Rajya Sabha as the TMC (48 to 13), Derek O'Brien has been informally leading the coordination of Opposition parties, rallying other parties to demand a discussion on electoral reforms and to protest the government's disinvestment plans, report Rahul Jacob and Archis Mohan.
The broader NSE Nifty too reclaimed the key 11,500-mark. It touched a high of 11,562.25, before finally settling at 11,536.90, showing a gain of 59.95 points, or 0.52 per cent.
the India Meteorological Department has forecast intermittent rain with heavy to very heavy showers in the city and suburbs and extremely heavy rain at isolated places in next 24 hours.
36 more deaths drove the swine flu toll past the 1700-mark while the total number of people suffering from the contagious disease reached close to 30,000 in the country this season.
After paring some gains, the 30-share index settled at an all-time closing high of 28,008.90, up by 98.84 points, or 0.35 per cent, over the previous close.
Investigation to be over by weekend, Mumbai police EOW to lodge FIR thereafter.
The flood situation remained critical in Assam with 30 more villages reeling under water on Tuesday, taking the total number of affected people in this season to around 1.1 lakh in 11 districts.
Are hacker collectives like Anonymous and Legion black hats or white hats, or do they lurk in the space between the two? Dhruv Munjal reports.
The problems are being compounded by perceptions that India is ill suited to defend the currency in the near-term.
Sensex, Nifty end the day in red on unfavourable cues from global markets.
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
Both the Sensex and Nifty hit their lowest levels in this calendar year.
Investor sentiments remained upbeat tracking global developments as the US, China geared up for trade talks due this week.
The market players are expected to react to the better than expected factory output data for the month of August, which revealed that the industrial production grew by 6.4%.
The Special Investigating Team probing the murder of rationalist and Left leader Govind Pansare suspects role of two more Sanatan Sanstha members, who are absconding in connection with the 2009 Madgaon blast, in the case, police sources said on Monday.
As many as 51 more people have died due to swine flu in the country raising the toll to 926
Slight recovery in growth is expected only in July-September.
Silver also fell further by Rs 150 to Rs 34,200 per kg.
May touch 64/$ due to foreign flows slowing down
Extending losses for 7th session, Nifty fell below the 8,000 mark for the first time since Nov 25
Many requests are pending with the Swiss authorities.
Prime Minister Narendra Modi leads the list of retweets with his election winning post on Twitter being shared by over 70,515 people on the microblogging site.
Investors widened their bets on optimism that upcoming general budget -- to be unveiled next month - would contain incentives for corporates, which will help boost the economy
The benchmark Nifty rallied 1,000 points or 17% from 7,000 in 78 trading sessions since May 12, till date to surpass the 8,000 mark.
Each scam that comes out in the open shows the regulators to be miles behind.
Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week
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