The investments were a mix of issuance of guarantees ($2.53 billion), loan ($257.60 million) and of equity ($232.59 million).
According to senior officials in the department of telecommunication 20 Mhz of spectrum has been given to the four firms -- Infotel, Bharti, Aircel and Tikona Digital, which have licences to offer services.
Supermodel Viveka Babajee was in a relationship with stock analyst Gautam Vora and the two were contemplating marriage before she committed suicide, her family claimed on Thursday and said they were mulling pressing of abetment to suicide charge against him.
Cashing in on the opportunities galore courtesy the spurt in Indian equities, foreign fund house Citigroup Global Markets has raised about Rs 400 crore (Rs 4 billion) by selling shares of 24 blue chip firms in just nine trading sessions.
In a significant observation that might affect the way BCCI enters into contracts for broadcast rights of matches, Bombay High Court has held that the 'cricketing public' must know about these deals.
India reaffirmed its commitment to the landmark Paris climate change agreement.
'The US investors are very enthusiastic about India and policy changes'.
Here's a first look behind-the-scenes at India's most exclusive bikini bombshell calendar.
In the third acquisition in 10 months, state-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) will buy Videocon Industries' 10 per cent stake in a giant Mozambique gas field for about $2.5 billion.
Company has submitted before the court that the plaintiff is attempting to attach property that falls outside of the jurisdiction of the court
Over 100 questions on various aspects of the case were drafted by investigators which were put to 45-year-old Karti.
Hema Malini returns to television with Maati Ki Banno.
A battle is brewing in the families which run the Jagran group of newspapers. The group's flagship brand, Dainik Jagran, is the country's largest circulated newspaper.
The Summit on April 28-29, to be attended by Prime Minister Manmohan Singh, will also unveil rules and regulations for the ambitious SAARC University which is in the process of being set up in Delhi.
We invited readers to shares their travel pics. Here we present some of the photos we received. Share yours!
A summary of sports events and sports persons, who made news on Friday
The 22-year-old golfer is the fifth and the youngest Indian to win the Asian Tour Order of Merit.
The apex court told Roy that his proposal of paying Rs 1,500 crore, if the auction process was halted or postponed, was unbelievable.
As per the chargesheet, "the accused forged board resolutions and unauthorisedly obtained loans to the tune of Rs 1,220 crore (Rs 12.20 billion) for Satyam Computer.
Bored of the reds and pinks in your wardrobe? Switch to orange.
It is alleged that the company floated 32 subsidiaries in several tax haven countries to bring foreign funds to India through sham transactions.
The Board of Control for Cricket in India has scrapped all its IPL media rights agreements with Mauritius-based World Sport Group, claiming that MSM Satellite (Singapore) Pvt Ltd is the rightful owner of all media rights relating to the Twenty20 event.
The suicide of supermodel Viveka Babajee on June 25 has left the fashion industry reeling. We spoke to a few insiders to gain their perspective of life and relationships in the fast lane, how lonely it can get at the top and why the pressure is too much for some to handle.
The Indian Premier League's broadcast rights holders MSM Satellite (Singapore), which has entered into an amended agreement with the Board of Control for Cricket in India, has filed a suit against Mauritius-based World Sport Group in the Bombay high court to recover facilitation fee of Rs 125 crore from the latter.
The Board of Control for Cricket in India (BCCI) will recover Rs 425 crore from Indian Premier League's sub-continent media rights holders MSM Satellite as part of the amended media rights agreement which was approved by the Twenty20 League's Governing Council in Mumbai, on Friday.
ED team managed to get several bank statements from Barbados, Dubai, Hong Kong etc. which prove vital overseas link and money trail relating to Nirav Modi and his aides.
Global financial major Citigroup on Wednesday offloaded shares of 22 domestic companies, including 17 Sensex stocks like Reliance Industries and ICICI Bank, in block deals valued at Rs 231.42 crore (Rs 2.31 billion).
The issue dates back many years when the actor and others proposed bringing Sony TV channel to India.
Max India Ltd plans to acquire 49 per cent shares of Cosmat Max held by Cosmat Investments Inc, Mauritius.
Meanwhile, Bird Air Services Pvt Ltd., a wholly-owned subsidiary of Bird Group, signed a comprehensive marketing agreement with Pacific Propeller Intl, a global repair and overhaul services provider to several regional airlines and military aircrafts.
Thirteen individuals from the Indian Diaspora have been conferred with the Pravasi Bharatiya Samman at the seventh edition of the Pravasi Bharatiya Divas, underway in Chennai
It is welcome that the government tried to make its intentions clear last week - especially as risk concerns return to global markets.
This would allow Japanese companies to invest directly in India, rather than the current norm of coming through Singapore and Mauritius.
'All of our lives are going to be changed in a permanent way...' 'We just have to ride out the tide right now and we will see a rainbow at the end of this.'
Two organisations tracking tax violations and money laundering worldwide identify totally different sets of countries for lack of financial transparency.
The Enforcement Directorate (ED) has sought legal assistance from Singapore and Mauritius to take forward its probe in the alleged financial irregularities in the Indian Premier League tournament (IPL) and its former chairman Lalit Modi.
The Enforcement Directorate has registered a money laundering case against Karti Chidambaram, son of former finance minister P Chidambaram, and others, taking cognisance of a recent CBI FIR against them.
Reinterpreting long-established tax treaty provisions by the tax authorities creates confusion and has to be avoided as it affects investment into India.
Kochhar has been issued a showcause notice by the regulator for alleged violation of the code of conduct.
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