Ola raises $2 billion from Softbank, Tencent, other investors.
Chinese internet giant has concluded a USD 2 billion fund raising from Tencent, Japan’s SoftBank and other US-based investors, according to multiple news reports. Tencent has concluded a $400 million investment in the Indian cab aggregator, according to a report in The Economic Times. The... read more »
RCom-Aircel Merger Called Off Due to ‘Regulatory’ Hurdles.
Reliance Communications, which is reeling under a debt of about Rs 46,000 crore, Sunday called off merger talks with Aircel, citing “legal and regulatory” delays and outlined an alternative plan for debt reduction by selling real estate as well as tower and fibre business. “Merger... read more »
Forces Launch Final Assault After Suicide Attack On BSF Camp In Srinagar.
SRINAGAR:Four suicide attackers carrying a massive amount of explosives broke into a Border Security Force (BSF) camp near the Srinagar airport before dawn today and opened fire, killing a soldier. Three terrorists were killed in an eight-hour operation after which security forces stormed the... read more »
‘India’s Prime Minister is a terrorist,’ says Pakistan...
NEW DELHI: The war of words between India and Pakistan has taken an ugly turn with the latter’s foreign minister calling Prime Minister Narendra Modi a “terrorist”. Pakistan’s foreign minister Khawaja Asif was responding to Union minister Sushma Swaraj’s recent comment... read more »
High court judge C S Karnan judge orders case against CJI, six SC judges & attorney ge...
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No new window for banned notes: Governmemnt
After a brief hearing, the court adjourned the case for March 21 for a detailed hearing. read more »
SC refuses to order CBI probe against scribes in Agusta deal
A bench of justices Dipak Misra, A M Khanwilkar and M M Shantanagoudar said it could not direct probe against the media without having credible evidence as it would amount to violating... read more »
Early signs of El Nino this year, warn forecasters
In what could spell bad news for this year’s monsoon, international weather agencies have begun predicting an El Nino event in the second half of... read more »
