Akhilesh Das offered Rs 100 crore for Rajya Sabha ticket: Mayawati
LUCKNOW: BSP chief Mayawati on Wednesday alleged former Union minister Akhilesh Das, who quit the party a day earlier, had offered her Rs 100 crore for renominating him to the Rajya Sabha. Das’s term in the Upper House ends on November 25. Addressing the media at the party headquarters in... read more »
Frustrated Airtel snaps Loop deal
NEW DELHI: Disappointed at the lack of clearance to its bid to acquire the assets of Mumbai-based telecom operator Loop Telecom, Bharti Airtel pulled out of the deal, just weeks before the ailing company’s licence ends. The development comes as a dampener for the highly fragmented Indian... read more »
Finance minister signals lower rate, cheaper funds
NEW DELHI: Finance minister Arun Jaitley on Wednesday told industry captains that he expects the cost of capital to come down, a statement which CEOs read as a signal to a rate cut in the coming months. The issue of high cost of capital, mounting bad debt in public sector banks and infrastructure... read more »
Air Astana signs code-share agreement with Air India
NEW DELHI: Kazakhstan’s largest airline Air Astana has signed a free flow code-share agreement with state-run airline and Star Alliance member Air India. “As a state-run airline and Star Alliance member carrier, Air India feels honoured to enter into this code-share agreement with Air... read more »
