Until March 2009, MTNL had Rs 11,429.37 crore of reserves and zero debt in its books. In three years a lot changed. At the end of 2011-12, the debt stood at Rs 9,647.49 crore and the reserves had dwindled to Rs 1,906.70 crore, after it paid Rs 11,000 spectrum fee.
Italian luxury sports-car maker Automobili Lamborghini on Friday launched Huracan LP 580-2 in India priced at Rs 2.99 crore (ex-showroom Delhi).
The centre eyes airport-specific digital solution and ties up with start-ups to solve problem unique to BIAL
Two more Air India pilots were shifted to hospital today after their condition deteriorated on the sixth day of their indefinite fast in New Delhi and Mumbai.
The strategic planning has already begun to install the BMD system in the two cities and the final proposal will be put before the government after detailed analysis of the entire project, sources told PTI in New Delhi.
With Indian infrastructure companies burdened with debt, global PE funds and developers sense an opportunity to buy the airports cheap
Judge Jagdale halted Dr Gupta's testimony several times because he felt it had neither order nor direction. Tightly controlling his irritation, his lips compressed, the judge explained as patiently as he could: "What he has done in this case should come (out in his testimony) in a lucid manner. You eat chapati and then rice. You cannot eat half a chapati and then have rice and then eat half a chapati..." "He is not a witness of facts. He is an expert witness. Either he is not prepared. Or you are not prepared."
Global HR services firm Mercer's survey of 214 cities worldwide has ranked Tokyo as the most expensive, while Karachi is the least costly place for expatriates.
Aiming to further expand the bilateral economic engagement, US Treasury Secretary Timothy Geithner would travel to New Delhi and Mumbai later this month for the third annual meet of the US-India Economic and Financial Partnership.
The Central Bureau of Investigation has intensified its probe in 2G spectrum allocation during the National Democratic Alliance regime when late Pramod Mahajan was the telecom minister and asked the Department of Telecom to provide license agreements with all telecom providers between 2001 and 2007.
Airports Authority of India employees' representatives today said they would not hesitate to go on strike again if the government went ahead with the privatisation of Delhi and Mumbai airports.
Aimed at attracting nearly Rs 1 lakh crore private investment, the station redevelopment project envisages infrastructure revamp at platforms and circulating areas.
The carrier had to cancel as many as 20 international flights on Sunday.
The item number will not be removed from the film.
As per the list of 50 countries prepared by Leigh Fisher Management consultants, Delhi airport is at the bottom of the list with meagre 1.97 SDRs compared to Japan's Narita airport with 17.86 SDRs. Mumbai stands at the second last place with 2.09 SDRs.
At present, it operates A380 on the Delhi and Mumbai routes.
State-run Mahanagar Telecom Nigam Ltd has received the national long distance license from the government, a development that has the potential to start a fresh bout of cuts in STD rates.
Mukesh Ambani's Jio, high debt and some bad decisions drove RCom to its grave.
State sheds laggard tag, emerges as leader among peers.
Modi's demonetisation move has hit the real estate market in Delhi and Mumbai
The decision is likely to bring additional amount of about Rs 1,500 crore or Rs 15 billion (including interest) in the books of MTNL as refund from government for the pension that the PSU paid to its employees.
Terror strikes in Delhi and Mumbai blotted the copy book of the internal security establishment which could otherwise boast of considerably lower levels of violence in the sensitive Jammu and Kashmir and Northeast during 2011.
One of the first things to strike one about Cinnamon, a 19-year-old designer boutique hub, is its architecture and feel.
The incident occurred late Saturday night at the resort where the Congress MLAs are hunkered down since Friday in a move to keep the flock together against alleged bid to topple the ruling coalition by BJP, according to Congress sources.
Code share is a commercial agreement between two or more airlines that share the same flight, with all the partnering airlines able to sell seats on that particular flight.
Reshma Krishnamurthy tells us how she met Vikas.
The Central Bureau of Investigation on Wednesday registered a fresh case in connection with alleged irregularities in construction of indoor courts at Sri Fort sports complex for Commonwealth Games and carried out searches in Delhi and Mumbai.
Ride-hailing firms claim penetration is still low and there is a huge upside to grow the market and make owning a car pass.
BSNL, MTNL launch free night calling to win back consumers lost to mobile boom
Former Indian cricketer Atul Wassan on Sunday said that the idea of experimenting with the pink ball and the day and night Test would be a flop from the perspective of attracting more spectators to the stadium to watch the game in real time.
Besides making property more expensive, these also affect the existing owners with higher taxes
As the manager of a chunk of the country's airports, state-owned AAI is seeking an expansion in the norms to use its land on the city side of any airport for services that are not aviation-related. As of now, the AAI Act allows an airport operator to use land only for aviation-related services.
As a member of Parliament, I am aware of the number of complaints raised against Air India's crew, Gaikwad said.
These million-dollar vehicles feature tarmac-shattering speeds, ooze luxury and come loaded with the latest bells and whistles.
NEERI studies show vehicles cause lowest emissions of nitrogen oxides and particulate matter.
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