Day 3: Telecom spectrum sale fetches government Rs 77,000 crore
The telecom spectrum auction, with the eight companies in the fray, received bids worth Rs 77,000 crore at the end of the 17th round on day three of the e-auction, the government said on Friday. “Seventeenth round was completed with Rs 77,000 crore commitment today (Friday),” the... read more »
RBI eases norms for home loans for up to Rs 10 lakh
New Delhi: Giving a boost to affordable housing, the RBI on March 6 eased the norms for home loans for up to Rs 10 lakh by allowing banks to include stamp duty and registration charges to the cost of a unit. These charges form around 15 per cent of the cost of the house and place a burden on... read more »
Samsung In Talks To Set Up New Factory In India
South Korean technology giant Samsung Electronics Co Ltd is in talks with Indian states about building a third manufacturing plant in the country. “While we are in talks with the state governments, nothing has been decided,” Samsung said in a statement. It didn’t say how much it... read more »
Erasing history, culture in Syria, Iraq: IS destroys priceless treasures
The Islamic State group’s destruction of the ancient city of Nimrud in northern Iraq is part of a systematic campaign to destroy archaeological sites it says promote apostasy. Some of the world’s most precious cultural treasures, including ancient sites in the cradle of civilization,... read more »
