Future of CSK, Rajasthan Royals uncertain as Supreme Court talks of possibl...
NEW DELHI: A cloud of uncertainty hangs over the fate of IPL teams Chennai Super Kings and Rajasthan Royals as the Supreme Court on Monday asked whether Gurunath Meiyappan’s indictment by the Justice Mudgal Committee, which found him to be a CSK official, would not lead to suspension of the... read more »
American Tower Buys Bharti’s Nigerian Telecom Towers for $1 Billion
NEW DELHI— Bharti Airtel Ltd , India’s biggest telecommunications company, has agreed to sell its telecommunications towers in Nigeria to American Tower Corp. for $1.05 billion. The move will help the Indian group reduce its heavy debt while significantly expanding American Tower’s presence... read more »
Sony warns of more restructuring in TV, smartphone units
TOKYO: Japan’s loss-making Sony Corp said it’s targeting a near 70% jump in revenue for its electronic devices division over the next three years, even as it warned further restructuring is in store for its TV and smartphone units. The ambitious plan to hoist revenue at the division... read more »
SpiceJet says in talks with investors for fresh capital
SpiceJet is in “exploratory and preliminary stage” talks with investors about raising fresh capital, the budget airline said in a regulatory statement on Monday. The airline said a few parties had approached it about making an investment but because the talks were at an early stage it... read more »
Coal block winners may have to pay 10% upfront
NEW DELHI: Winners of coal blocks for steel, sponge iron and captive power plants would have to pay 10% of the floor price upfront. Subsequently, they would have to pay on a per-tonne basis... read more »
PM asks Varanasi weavers to utilize growing e-commerce market
VARANASI: Pitching for modernization of the textile sector, Prime Minister Narendra Modi on Friday asked the weavers to utilize the growing e-commerce market to reach out to global... read more »
India aim to spring another surprise against Australia
PERTH: After a “commendable” series levelling win, India aim to spring another surprise in the third game of the four-match Test series against world champions Australia on... read more »
Federer, Murray, Bryan brothers win ATP awards
LONDON: Roger Federer, Andy Murray and the Bryan brothers are among the winners of the ATP World Tour Awards. Federer was selected by his peers as winner of the Stefan Edberg sportsmanship... read more »
Germany desperate to end 22-year wait for Fed Cup title
PRAGUE: Germany tackle favourites Czech Republic this weekend looking for a first Fed Cup title since 1992, their heady days of tennis when Steffi Graf was in her prime. The Czechs, champions in 2011... read more »
