Ma and the other co-founders had finalised the name "Alibaba" after much research on its acceptability.
RCom and Aircel will hold 50 per cent each in the new company
India's first auction of spectrum in five years attracted Rs 77,146 crore of bids on the opening day on Monday with Reliance Jio, Bharti Airtel, and Vodafone Idea participating in the bidding process - a response that the government said was better than expected. There were, however, no takers for spectrum in 700 MHz and 2500 MHz bands on the first day, and the auctions will continue and conclude on Tuesday. About 2,308.80 MHz of spectrum, that carry telecom signals, in seven bands worth nearly Rs 4 lakh crore at the reserve or start price, was offered for bidding in the auction that began on Monday. Communications Minister Ravi Shankar Prasad said Rs 77,146 crore worth of spectrum was bid on the first day but there were no takers for the airwaves in the premium 700 MHz as also 2500 MHz bands.
In spite of being attacked from all corners, a faltering supply chain and negative sentiments soaring high among the local consumers, top Chinese smartphone brands gained market share during the most critical phase - the April-June quarter of this year.
'These are interesting days for watchers of English cricket and central banking,' points out Amol Agrawal.
Air India, SpiceJet, IndiGo and AirAsia India ready to fill in the gap.
'The aim of issuing these guidelines is to instil COVID appropriate behaviour to contain the spread of the disease while allowing social and economic activity'
The lockdown has taught companies a lesson or two on running business with fewer human resources. These lessons are unlikely to be forgotten, observes Mahesh Vyas.
'We have been telling the government that we need handholding.' So, we sent a series of recommendations to the government, but nothing happened.' 'And the condition of industry became worse.'
Riding on a strong stock market rally, Anil Ambani-led diversified business conglomerate Reliance Group has crossed Rs one lakh crore market valuation.
These dedicated COVID-19 facilities will have a capacity of 1,06,719 isolation beds and 12,024 ICU beds reserved for such patients in the country.
NSO has pegged economic growth at 5 per cent in 2019-20 in its second advance estimates.
'.. if the cost is its own survival,' says Colonel Anil A Athale (retd).
'The workers's dance of wilful destruction has the potential to kill all investments planned in India by any foreign entity,' argues Dr Sudhir Bisht.
The Department of Telecom has worked out a one-time spectrum charge of over Rs 2,060 crore to be levied from operators for the period they remained in business after their licences were cancelled in February last year, sources said.
Anushka Panda, who has spinal muscular atrophy tells us how she scored 97.8 per cent and topped CBSE class 10 examination.
Malabar 2016 -- a trilateral maritime exercise involving the Indian Navy, the Japan Maritime Self-Defense Force and the US naval forces in the Indo-Asia-Pacific -- concluded on June 17.
For Facebook CEO Mark Zuckerberg, who visited the country for the first time in October, India might be one of his "priority markets".
Other than the Cartosat-2 series satellite, the PSLV is carrying 29 nano satellites from 14 countries - Austria, Belgium, Chile, Czech Republic, Finland, France, Germany, Italy, Japan, Latvia, Lithuania, Slovakia, the United Kingdom and the United States of America besides a nano satellite from India.
The government said there was no immediate plan to extend the 21-day lockdown period, which entered its sixth day on Monday, while the Indian Army dismissed as "fake" social media posts about a possible emergency declaration next month.
Ross Taylor and Kane Williamson fell agonisingly short of centuries but New Zealand's imposing total ensured they beat Sri Lanka by 120 runs in the sixth One-day international on Sunday to take an unassailable 4-1 lead in their seven-match series.
The manner in which assembly seats were distirbuted among Jammu, Kashmir and Ladakh so far, has ensured that residents of the Valley rule the state forever, says Sanjeev Nayyar.
While the Bongaon municipality accommodates 1,200 trucks, the rest are at the mercy of private parking lots, where contractors charge an upfront fee of about Rs 4,000 per day.
The data provided by the SBI shows that highest purchase of electoral bonds for the year 2019 was reported from Mumbai where the bonds worth Rs 495.6 crore were sold.
Nyle DiMarco has won America's Next Top Model AND Dancing With the Stars, and he is now the driving force behind a campaign to better 70 million deaf lives worldwide!
Restricted by state government orders, the ownership of such land could not be formally registered, so the advances made continued to be reflected in the accounts as 'advances against land'.
News of all that's transpired on and off the football field.
'My biggest contribution is the creation of the first 'modern Indian law firm',' Cyril Shroff tells Sudipto Dey.
A summary of sports events and sports persons, who made news on Thursday.
As per data, call drop situation in Delhi has improved.
Prime Minister Narendra Modi has pipped Chinese President Xi Jinping to secure the top rank in handling domestic and international affairs in a global survey conducted by a Chinese firm.
Indira Kannan picks Made in Bangladesh, Greed, Moothon.
Nifty crosses 9,750-mark; Bharti Airtel, TCS, Wipro, Lupin and Coal India gained the most on BSE Sensex
This time however, the poll panel did not share the overall polling percentage at its briefing.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
These companies had an accumulated loss of Rs 55,656 crore (Rs 556.56 billion) in 2012-13.
From a national point of view, inflation is the biggest threat posed by finance ministers.
American intelligence service used bugs, phone taps and cybermonitoring to obtain information from European Union embassies and offices in Washington, New York and Brussels, a German weekly reported on Sunday.
This classification of districts is to be followed by states and union terrotories till a week post May 3, when the second phase of lockdown will end, for containment operations.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.