Indian mobile phone giant Reliance Communications said Wednesday the deadline for talks that could lead to a blockbuster merger with Africa's largest cellular firm MTN had been extended.The deadline had been pushed back to July 21, Reliance Communica ..
After spending 20 years in jail, Air India bomber Inderjit Singh Reyat, the only person jailed for the 1985 Kanishka plane bombing, was granted bail on Wednesday by the British Columbia court of appeal.Since his supporters and family could not arrang ..
The Delhi International Airport Ltd today said it has awarded a 36 million euros (approx Rs 240 crore) contract to supply the baggage handling system for the upcoming Terminal 3 at the Capital's airport to Siemens Mobility. The system will have a th ..
Steel magnate LN Mittal, France's Total, Hindustan Petroleum Corporation (HPCL), Oil India and GAIL will decide by December this year on the feasibility of spending $6 billion to set up a 14 million tonne per annum refinery and petrochemical plant at ..
The Central Board of Direct Taxes has decided to relax norms on scrutiny of tax payers whose premises have been surveyed by the officials, a step aimed at encouraging evaders to pay up. "The decision is likely to provide relief to thousands of taxpay ..
The two year-old dispute between the Tata Industries and the A.V. Birla Group over Idea Cellular took a fresh turn on Wednesday with the Supreme Court deciding to set up an arbitrator to resolve the issue. The apex court’s decision is in favour of th ..
The central universities draft Bill has run into trouble, with the Union Law Ministry refusing to vet it in the present form.After the Law Ministry recently returned the Bill to the Human Resource Development (HRD) Ministry with certain objections an ..
The government has approved 28 foreign direct investment (FDI) proposals totalling Rs.13.27 billion including global retail major Marks and Spencer’s proposal for 51 percent foreign direct investment in single brand retail business. “Based on the rec ..
Exchanging soiled and damaged currency notes with fresh ones has been made easier with the Reserve Bank asking banks to set up facilities in this regard at their branches. Even the mutilated currency notes, with essential features in tact, can be ex ..
The spat between the warring Ambani brothers over the South African telecom giant MTN turned into a game of legal shadow-boxing on Monday with offers and counter offers for discussions being spurned on both sides.Wary of falling into a legal 'trap', ..