School bus crash in Egypt kills 16
At least 16 people, mostly children, were killed on Wednesday when a school bus crashed into three other vehicles on a desert road in the Nile Delta north of Cairo, state television said. Photos published online by privately-owned news outlets showed the bus engulfed in flames and later reduced to... read more »
RIL to sell 49.9% stake in US joint venture
NEW DELHI: Reliance Industries is looking to sell its 49.9% stake in a US joint venture that owns a 460 miles pipeline network for transportation of shale oil and gas. RIL, as well as its partner Pioneer Natural Resources Co, are seeking a buyer for their stakes in Eagle Ford Midstream venture as... read more »
Bharti Airtel calls off Rs 700 cr deal to buy Loop Mobile
Telecom major Bharti Airtel has called off its plans to acquire business and assets of Mumbai based Loop Mobile, for about Rs 700 crore, as the Department of Telecom is yet to clear the deal. “Loop Mobile and Bharti applied to DoT for approval of the business transfer in March 2014. The... read more »
Idea Cellular opposes extension of permits to Bharti Airtel, Vodafone India...
NEW DELHI: In a rare instance of disagreement between GSM telecom companies, Idea CellularBSE 0.43 % has opposed the extension of permits for Bharti AirtelBSE -3.06 % and Vodafone India in Delhi beyond November, saying it violates auction rules and would hurt business and market share for... read more »
