Business & Economics
Telecom
India
Supreme Court allows govt to finalise spectrum auction
NEW DELHI (TIP): The Supreme Court on March 26 allowed the Centre to finalise its just-concluded “fiercest and competitive” auction for telecom spectrum, fetching a whopping revenue of Rs 1.09 lakh crore. The court, however, […]
India
COURT DISMISSES PLEAS OF COMPANIES INVOLVED IN 2G MONEY TRAIL
NEW DELHI (TIP): A Special CBI court on March 26 dismissed pleas by four firms to acquit them in the money laundering case related to the 2G spectrum scam. DB Realty, Nihar Construction Private Limited, […]
Business & Economics
SPECTRUM BIDS NEAR RECORD HIGH AT RS 1 LAKH CRORE
NEW DELHI (TIP): Government appears on course to reap a record windfall from spectrum sale as bids reached Rs 1.02 lakh crore mark on Thursday, a shade lower than the Rs 1.06 lakh crore raised […]
India
Business & Economics
MRC Nagar deal a shot in the arm for Tata Coffee
CHENNAI (TIP): As the property earns a rental of 65 per sq ft per month, the annual returns on investment for Tata Coffee will be 10.8%, higher than the industry average of 10% returns for […]
Business & Economics
SC okays spectrum sale
NEW DELHI (TIP): The Supreme Court on February 26 refused to stay spectrum auction in all 17 circles but told the Union government not to finalize the allotment of spectrum even if the successful bidder […]
Business & Economics
India
KARUNANIDHI RE-ELECTED DMK PRESIDENT FOR ELEVENTH TIME
CHENNAI (TIP): A general council meeting of the DMK here on January 9 unanimously reelected former Tamil Nadu chief minister M Karunanidhi as party president for the eleventh time. The general council also reelected K […]
Business & Economics
Additional spectrum case: Relief to Sunil Mittal, Ravi Ruia
NEW DELHI (TIP): In a relief to Bharti Cellular Ltd CMD Sunil Bharti Mittal and Essar Group promoter Ravi Ruia, the Supreme Court on January 9 set aside the order of the special court summoning […]
India
SUPREME COURT REMOVES CBI CHIEF RANJIT SINHA FROM 2G CASE
NEW DELHI (TIP): In an unprecedented order, the Supreme Court on November 20 ordered CBI director Ranjit Sinha to completely keep off the 2G case as it found prima facie “credible” the charges that he […]
Business & Economics
FINANCE MINISTER SIGNALS LOWER RATE, CHEAPER FUNDS
NEW DELHI: Finance minister Arun Jaitley on November 5 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 […]
India
2G case: Raja, Kanimozhi, Ammal & others put on trial
NEW DELHI (TIP): Former Telecom Minister A Raja, MP Kanimozhi, DMK supremo M Karunanidhi’s wife Dayalu Ammal and 16 others were on October 31 put on trial in a 2G scam related case by a […]
Indian Americans
Indian American Professor Wins U.S. National Medal of Science
WASHINGTON (TIP): Thomas Kailath, a Pune-educated Indian American engineering professor at Stanford University, is one of the recipients of the U.S. National Medal of Science, announced by President Barack Obama Oct. 3. Kailath is also […]
India
Manmohan Singh knew of 2G scam as it unfolded: Former CAG Vinod Rai
NEW DELHI (TIP): Dr Manmohan Singh’s legacy came under yet another round of intense attack with former CAG Vinod Rai alleging that the former prime minister was aware of major scandals as they unfolded, refuting […]
India
Raja, Kani get bail in 2G money laundering case
NEW DELHI (TIP): Former Telecom Minister A Raja, DMK MP Kanimozhi and seven others, chargesheeted by the Enforcement Directorate (ED) in a 2G scam-related money laundering case, were on Aug 20 granted bail by a […]
India
What goes up
Cigarettes, Cigars, Tobacco products, Gutkha and pan masala, Jarda scented tobacco, Aerated drinks containing added sugar, Some telecom products, Radio Taxi, Imported electronic products, Portable X-ray machines, Half cut/broken diamonds
Business & Economics
Bharti Airtel slumps on Credit Suisse downgrade
NEW DELHI (TIP): Shares of Bharti Airtel slump 3.5% after Credit Suisse downgrades the stock to “underperform” from “neutral” and reduces the target price to Rs 265 from Rs 275, citing competition from rival Rel […]
Business & Economics
India
India
Kanimozhi denies of any role in KTV
NEW DELHI (TIP): DMK MP Kanimozhi, facing trial in the 2G spectrum allocation scam case, on May 9 claimed innocence before a trial court saying she had no role in the management, administration or day-to-day […]
Business & Economics
VODAFONE SEEKS ARBITRATION IN TAX ROW
NEW DELHI (TIP): Conciliation talks between the Centre and Vodafone over a Rs 20,000 crore tax dispute have failed as the British telecom giant has decided to serve an arbitration notice to the government, a […]
India
2G scam: ED files charges against Dayalu, Kani, Raja in DB payment to KTV
New Delhi (TIP): Former Telecom Minister A Raja, DMK MP Kanimozhi and 17 others were on April 25 chargesheeted in a special court by the Enforcement Directorate in connection with a money laundering case relating […]
Featured
Other News