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Will ‘giant killer’ Rakhi strike again?...

Will ‘giant killer’ Rakhi strike again?

The Mangolpuri Assembly segment rose to fame during the last Assembly polls as a ‘giant killer’ emerged on the political horizon of the Capital. Aam Aadmi Party’s Rakhi Bidlan, one of the youngest legislators in the fifth Delhi Assembly, defeated four-time MLA and former Minister Raj Kumar... read more »

Telecom major Bharti Airtel on Thursday announced it has acquired 100 per cent stake in Wireless Business Services (WBSPL), a company founded by U.S. chipmaker Qualcomm. The company had acquired a 49 per cent stake in WBSPL in May 2012 for $165 million. At that price, the additional stake purchase would have cost Airtel an estimated $165 million, or Rs. 1,008.1 crore at Friday’s exchange rate. However, the company did not disclose the financial details of the deal. In a statement, Airtel said that it has “completed the acquisition of 100 per cent equity shares of Wireless Business Services Private Limited, which holds BWA Spectrum in the Indian telecom circles of Mumbai, Delhi, Haryana and Kerala”. Airtel acquired a majority stake in WBSPL in July by increasing its stake to 51 per cent from 49 per cent. WBSPL has spectrum that can be used for high-speed 4G services in New Delhi, Mumbai, Haryana and Kerala. Airtel has the similar spectrum in Punjab, Maharashtra, Kolkata and Karnataka. Airtel has already launched 4G services in Bangalore, Pune, Kolkata, Chandigarh, Mohali and Panchkula. Shares of Airtel were trading at Rs. 353.80, up by 1.46 per cent, in the afternoon session at BSE.
Airtel services hit in Hyderabad

Airtel services hit in Hyderabad

Cell phones of mobile telephony major, Airtel, in Hyderabad went silent since 6 a.m. on Saturday morning with what was termed a systemic failure of its network. Till around noon, the situation was the same and no Airtel mobile could be accessed. Enquiries revealed that Airtel was doing some system... read more »

AAP ‘B Team’ of BJP: Digvijay

AAP ‘B Team’ of BJP: Digvijay

Aam Aadmi Party is the ‘B Team’ of the Bharatiya Janata Party and the Congress had “chosen a lesser evil” by supporting Arvind Kejriwal in forming the government in Delhi in 2013, Congress leader Digvijay Singh said on Saturday. In a series of tweets, Mr. Singh suggested that his consistent... read more »

Obama cancels Agra leg of visit

Obama cancels Agra leg of visit

The U.S. President, who will be the chief guest at the Republic Day celebrations, was scheduled to visit the Taj Mahal with his wife, Michelle, on January 27. U.S. President Barack Obama has cancelled the Agra leg of his India visit, Agra’s District Magistrate has confirmed. The President,... read more »

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Flood situation stern in Jammu & Kashmir

Flood situation worsened on Friday in the Kashmir Valley where River Jhelum was flowing above the danger mark even as the Army and NDRF have been called in to assist the administration in... read more »

Sinha to file case of perjury

CBI Director Ranjit Sinha, who has been accused of meeting representatives of a company facing trial in the 2G spectrum case at his residence on several occasions, has decided to file a... read more »

Australia to sign uranium trade deal with India

Australian Prime Minister Tony Abbott has met with his Indian counterpart on a two-day state visit during which they are expected to sign a deal to allow the export of uranium to New Delhi... read more »

Tony Abbott given guard of honour at Rashtrapati Bhavan

Australian Prime Minister Tony Abbott was given a ceremonial reception in the forecourt of Rashtrapati Bhavan in New Delhi this morning ahead of his crucial meeting with Prime Minister... read more »

Al-Qaida’s India wing: New outfit may be drawn from IM, SIM...

NEW DELHI: This is neither the first time that al-Qaida is threatening an India-centric jihad nor is it news that Indian jihadists are coming together with those in Pakistan and Bangladesh under the... read more »