Idea gets shareholders nod to raise up to Rs 10,000 crore
Idea Cellular said its shareholders have approved to raise up to Rs 10,000 crore through issue of non-convertible securities on private placement basis in one or more tranches The company, which held its 20th Annual General Meeting (AGM) on Monday, said all the items of business contained in the... read more »
Uber a good brand, but its products not tuned to Indian customers’ ne...
While Uber is a good brand with good products, competitor Ola’s Co-Founder and CEO Bhavish Aggarwal feels it trails in India because its products are not tuned to the needs of the Indian consumer. “Ola has a huge market leadership, which we are increasing as we go along because we are... read more »
Antrix told to pay Devas $672 million
The International Court of Arbitration upheld the Deutsche Telekom-funded Devas’s argument that the cancellation of the deal six years after an agreement in this regard was arbitrary An international tribunal has asked Antrix, a wholly-owned government entity under the Department of Space, to pay... read more »
Global stocks touch two-year low
In Dublin, the ISEQ index of Irish shares was down a hefty 2.68pc to 6055.96. That rout meant only a hand full of names escaped the general slide lower – among them Aminex. Datalex and Malin Corp. But for most names in Ireland and across Europe the day was market by declines. The pan-European... read more »
