Business & Economics
Telecom
India
Reliance Industries, Reliance Comm Strike $2.1 Billion Telecom Towers Pact
NEW DELHI (TIP): Reliance Industries Ltd’s telecommunications unit will lease up to 45,000 mobile towers from Reliance Communications Ltd in a deal valued at more than Rs 120 billion ($2.1 billion) over the lifetime of […]
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Finally, PM sacks Ashwani Kumar, Pawan Bansal
NEW DELHI (TIP) : Prime Minister Manmohan Singh axed scam-tainted ministers Pawan Kumar Bansal and Ashwani Kumar, two cabinet members seen to be close to him, late on Friday and hours after Congress president Sonia […]
United States
Midtown NYC Boutique Co-Working and Technology Hub helps Innovative Start-Ups Secure Stability
NEW YORK, NY (TIP): Incubators, accelerators, and coworking spaces are becoming extremely important to the development of next generation entrepreneurs. INC39 (inc39.com) is uniquely positioned to help start-ups grow with our depth of resources, expertise, […]
India
2G case: JPC gives clean chit to PM, Chidambaram
NEW DELHI (TIP): The Joint Parliamentary Committee (JPC) on the 2G spectrum scam in its draft report on April 17 sought to give a clean chit to Prime Minister Manmohan Singh and Finance Minister P […]
India
India
2G case: Mittal, Ruia appear in trial court
NEW DELHI (TIP): Bharti group chairman Sunil Bharti Mittal and Essar promoter Ravi Ruia on April 11 appeared before a special CBI court in response to the summons issued by the court in the case […]
India
Telecom Firms With Cancelled Permit To Stop Operations Immediately: SC
The bench also directed to immediately put on fresh auctionthe entire 2G spectrum for the licences cancelled by it NEW DELHI (TIP): The SupremeCourt held that telecom companieswhich were unsuccessful in availingfresh 2G spectrum and […]
Business & Economics
Telcos’ future positive, but near-term pressure on margin to stay
NEW DELHI (TIP): The latest quarterly performance of the three publicly-listed telecom companies — Bharti Airtel, Idea Cellular and Reliance Communications (RCOM) — shows early signs of a pick up in data-driven revenue, helped by […]
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Business & Economics
India On The Path Of Reforms
SC CANCELS 2G LICENCES/A RAJA GETS BAIL In a major decision that brought spilling implication on the corporate sector, the Supreme Court cancelled 122 2G spectrum licences granted by former telecom minister A Raja on […]
Business & Economics
Sc Blow To Govt In High-Profile Cases, Death To Ajmal Kasab
NEW DELHI (TIP): Judgements giving a body blow to the government in the highprofile Vodafone tax case and scrapping of 2G spectrum licences hogged the limelight in the Supreme Court which in 2012 also brought […]
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Pak Strategy in Afghanistan Time for hard decisions
On December 6, Asadullah Khalid, Head of Afghanistan‘s intelligence set-up, the National Directorate of Security, was seriously injured in a bomb attack by a Taliban suicide bomber posing as a peace envoy. President Karzai announced […]
United States
Over 15 US Firms Spent Millions In 2012 To Lobby In India
WASHINGTON (TIP): Large US firms have spent millions of dollars in 2012 itself to lobby for their Indian business interests along with other issues. Global retail giant WalMart, whose lobbying with US lawmakers for access […]
India
Modi Counterattacks, Fires Barbs at Rahul
RAJKOT (TIP): Reacting to Congress leader Rahul Gandhi invoking Mahatma Gandhi in his election speeches, chief minister Narendra Modi scoffed at the Gandhi scion for narrating the historical anecdote of how Motilal Nehru found Gandhiji […]
India
Europe
India
SC stays all 2G proceedings in Delhi HC
NEW DELHI (TIP): The Supreme Court on Friday stayed all proceedings before the Delhi High Court relating to 20 petitions by 2G spectrum scam accused, including former telecom minister A Raja, DMK MP Kanimozhi and […]
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Krishna quits as foreign minister
NEW DELHI (TIP): Keen to infuse more young blood into Manmohan Singh’s ministerial team, Congress may opt to give party MPs such as Meenakshi Natarajan, Manicka Tagore and Pradip Majhi minister of state ranks. Amid […]
Business & Economics
International calls set to become cheaper on new TRAI rule
New Delhi (TIP): International long distance call charges are set to come down with the telecom regulator introducing a new measure that will intensify competition in this segment. TRAI has allowed telephone users of one […]
Business & Economics
HCL Tech signs five-year deal with Freescale
NEW DELHI (TIP): HCL Technologies on Wednesday entered into a five-year deal with Free scale Semiconductor, manufacturer of embedded processing solutions. The companies declined to give the deal value but sources said that it was […]
Business & Economics
Tech Mahindra sets up three 4G labs
MUMBAI (TIP): Tech Mahindra has set up three laboratories for Long Term Evolution technology, one in Delhi and one each in Pune and Bangalore. The software services provider, in which vehicle manufacturer Mahindra & Mahindra […]