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Former allies will return to NDA: Gadkari
Centre to be ready with 500 road project...

Centre to be ready with 500 road projects, looking for foreign loan: Gadkar...

The central government is readying almost 500 road projectsafter clearing various approvals and the target is to bring in Rs 5 lakh crore worth of projects in five years, said Nitin Gadkari, the Union Minister of Roadways, Highways and Shipping. He said that the government is ready to approve Rs... read more »

RBI warns of rising tide of NPAs
RBI to sell Rs 10,000cr govt bonds throu...

RBI to sell Rs 10,000cr govt bonds through OMO on Nov 5

Reserve Bank on Monday said it would sell Rs 10,000 crore government bonds through Open Market Operation (OMO) to mop up liquidity from the system. “On an assessment of current and evolving liquidity conditions, Reserve Bank has decided to conduct sale of government securities under Open... read more »

Flipkart ties up with payment solutions ...

Flipkart ties up with payment solutions provider Euronet

BENGALURU: Homegrown e-tailer Flipkart today announced a strategic partnership with Euronet India, secure electronic transaction processing and payment solutions provider, to distribute e-commerce major’s ‘digital gift codes’ across the country. These digital gift codes act as... 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.
Delhi users please note: Your Airtel pos...

Delhi users please note: Your Airtel postpaid bill will go up by 12% from D...

EW DELHI: Country’s biggest telecom operator Airtel has announced an increase in its postpaid monthly charges by about 12% in select plans, effective December in Delhi NCR region. “Effective Dec 3 2014, bill plan rental for your Airtel mobile will be revised from Rs 199 per month to Rs... read more »

Typhoon Hits China’s Hainan After Shutting Down Hong Kong

HONG KONG: A powerful typhoon slammed into China’s Hainan island on Tuesday after sweeping past Hong Kong where it disrupted flights and forced the closure of the stock market and... read more »

China President Xi’s India visit: PM Narendra Modi invokes timeless India-China ties

AHMEDABAD: Ahmedabad is buzzing with excitement. For, not every day does a Chinese President come calling on a state, forget about flagging off his India tour from one. But these are... read more »

Varun Dhawan and Sharddha Kapoor’s first look in ABCD2

The makers have released the first look of Varun Dhawan and Sharddha Kapoor from movie ABCD2. The movie, which is sequel of 2013 ABCD (Any Body Can Dance), is slated for June 2015... read more »

Arnold Schwarzenegger in Chennai for I audio launch

Hollywood star Arnold Schwarzenegger on Monday arrived amidst tight security at the Chennai airport to attend the audio launch of Vikram-starrer I. The audio launch is expected to take... read more »

Rains in China kill 19, thousands evacuated

BEIJING: Heavy rains in China’s southwest have killed at least 19 people and left 20 missing, with tens of thousands of people evacuated due to flooding, state media reported on Monday. The... read more »