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Trump Administration To Discuss Taking 10% In Intel: Report
The Trump administration is said to discuss taking a 10% stake in American chipmaker Intel, Bloomberg News reported on Monday, citing a White House official and other people familiar with the matter.
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Indian Telecom Operators May Hike Tariffs by December 2025 As Part of Tariff Repair Efforts: Report
Consumers in India may soon have to shell out more to continue enjoying telecommunications services. As per a report, telecom operators such as Bharti Airtel, Reliance Jio, and Vodafone Idea (Vi) could again commence a periodic tariff hike by the end of the year in line with their recent tariff repair efforts to enhance the revenue visibility. The ...
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Centre To Convert Vodafone Idea Spectrum Dues Worth Rs 36,950 Crore Into Equity
Vodafone's spectrum auction dues worth Rs 36,950 crore will be converted into equity by the government, which will increase its holding in Vodafone Idea to 48.99 per cent - up from 22.6 per cent.
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Bailout For Near-Bankrupt Vodafone May Just Have Been Cleared: Report
The country's capital market regulator approved the government's proposal to convert dues of over $1.92 billion by telecom operator Vodafone Idea to equity, two senior government officials said on Thursday.
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LinkedIn Agrees to Settle Gender Pay Discrimination Complaint for $1.8 Million in Back Wages
LinkedIn clarified in a statement that even though it has agreed to settle this matter, the company does not agree with the government’s claims of pay disparities.
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Vodafone Idea's Debt to Equity Conversion to Make Government Largest Shareholder With 36 Percent Stake
The government is set to become the largest shareholder of Vodafone Idea (Vi) as the company's board has approved the conversion of interest on deferred spectrum and Adjusted Gross Revenue (AGR) dues into equity.
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Vedanta Plans To Invest Up To Rs. 60,000 Crore For Setting Up Chip Manufacturing Plant In India
Anil Agarwal's Vedanta group is currently finalising technology and equity partnerships as well as joint ventures with top fabrication makers across the globe.
-
Bharti Global, UK Government Win Auction for Internet Satellite Operator OneWeb
Britain has joined forces with India's Bharti Global to buy the collapsed satellite operator OneWeb, with the two sides pledging $1 billion between them to develop a constellation that could boost broadband and other services.
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Obscure Indian Cyber-Firm Said to Have Spied on Politicians, Investors Worldwide
BellTroX InfoTech Services targeted government officials in Europe, gambling tycoons in the Bahamas, and well-known investors in the United States including private equity giant KKR and short seller Muddy Waters, according to three former employees, outside researchers, and a trail of online evidence.
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Blog: What To Make Of China Bank’s Stake In HDFC
Perhaps China believes that the Modi government will give a big stimulus to the economy and the RBI will cut interest rates even more, not only to revive consumption demand but also induce India's middle class to begin buying homes again. There's no indication, yet, on whether a stimulus package is coming or not. But investing in equities is always...
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"Reduce Centre's Equity": Abhijit Banerjee's Solution To Banking Crisis
Nobel laureate Abhijit Banerjee said today that the government's equity in public sector banks should be reduced to below 50 per cent in order to end fear psychosis among bankers.
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Proposed Coal Power Plant A Threat To Delhi's Air Quality: Report
The Tehri Hydro Development Corporation's (THDC) proposed Khurja coal power plant in Uttar Pradesh will push up the cost of electricity and increase air pollution levels in Delhi, says a report by a research institute today. THDC India Limited (THDCIL), formerly known as Tehri Hydro Development Corporation Ltd, is a joint venture of the Centre and ...
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Kumar Mangalam Birla, YC Deveshwar Now Part Of Air India Board
The government today inducted corporate bigwigs Kumar Mangalam Birla and YC Deveshwar to the Air India board, a day after seeking Parliament's approval for supplementary grant for equity infusion in the loss-making national carrier.
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Government to Infuse Additional Rs 800 Crore Into Air India
The Finance Ministry has sought Parliament's nod for making an additional equity infusion into Air India worth Rs 800 crore, less than half the amount sought by the Civil Aviation Ministry for the national carrier.
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European Union tells Greece's Prime Minister Alexis Tsipras: Time's Up, No More Gambling
The European Union bluntly warned Greek Prime Minister Alexis Tsipras today that time was up and he should stop playing with his cash-strapped country's future and instead take crucial decisions to avoid a devastating default.
-
Trump Administration To Discuss Taking 10% In Intel: Report
The Trump administration is said to discuss taking a 10% stake in American chipmaker Intel, Bloomberg News reported on Monday, citing a White House official and other people familiar with the matter.
-
Indian Telecom Operators May Hike Tariffs by December 2025 As Part of Tariff Repair Efforts: Report
Consumers in India may soon have to shell out more to continue enjoying telecommunications services. As per a report, telecom operators such as Bharti Airtel, Reliance Jio, and Vodafone Idea (Vi) could again commence a periodic tariff hike by the end of the year in line with their recent tariff repair efforts to enhance the revenue visibility. The ...
-
Centre To Convert Vodafone Idea Spectrum Dues Worth Rs 36,950 Crore Into Equity
Vodafone's spectrum auction dues worth Rs 36,950 crore will be converted into equity by the government, which will increase its holding in Vodafone Idea to 48.99 per cent - up from 22.6 per cent.
-
Bailout For Near-Bankrupt Vodafone May Just Have Been Cleared: Report
The country's capital market regulator approved the government's proposal to convert dues of over $1.92 billion by telecom operator Vodafone Idea to equity, two senior government officials said on Thursday.
-
LinkedIn Agrees to Settle Gender Pay Discrimination Complaint for $1.8 Million in Back Wages
LinkedIn clarified in a statement that even though it has agreed to settle this matter, the company does not agree with the government’s claims of pay disparities.
-
Vodafone Idea's Debt to Equity Conversion to Make Government Largest Shareholder With 36 Percent Stake
The government is set to become the largest shareholder of Vodafone Idea (Vi) as the company's board has approved the conversion of interest on deferred spectrum and Adjusted Gross Revenue (AGR) dues into equity.
-
Vedanta Plans To Invest Up To Rs. 60,000 Crore For Setting Up Chip Manufacturing Plant In India
Anil Agarwal's Vedanta group is currently finalising technology and equity partnerships as well as joint ventures with top fabrication makers across the globe.
-
Bharti Global, UK Government Win Auction for Internet Satellite Operator OneWeb
Britain has joined forces with India's Bharti Global to buy the collapsed satellite operator OneWeb, with the two sides pledging $1 billion between them to develop a constellation that could boost broadband and other services.
-
Obscure Indian Cyber-Firm Said to Have Spied on Politicians, Investors Worldwide
BellTroX InfoTech Services targeted government officials in Europe, gambling tycoons in the Bahamas, and well-known investors in the United States including private equity giant KKR and short seller Muddy Waters, according to three former employees, outside researchers, and a trail of online evidence.
-
Blog: What To Make Of China Bank’s Stake In HDFC
Perhaps China believes that the Modi government will give a big stimulus to the economy and the RBI will cut interest rates even more, not only to revive consumption demand but also induce India's middle class to begin buying homes again. There's no indication, yet, on whether a stimulus package is coming or not. But investing in equities is always...
-
"Reduce Centre's Equity": Abhijit Banerjee's Solution To Banking Crisis
Nobel laureate Abhijit Banerjee said today that the government's equity in public sector banks should be reduced to below 50 per cent in order to end fear psychosis among bankers.
-
Proposed Coal Power Plant A Threat To Delhi's Air Quality: Report
The Tehri Hydro Development Corporation's (THDC) proposed Khurja coal power plant in Uttar Pradesh will push up the cost of electricity and increase air pollution levels in Delhi, says a report by a research institute today. THDC India Limited (THDCIL), formerly known as Tehri Hydro Development Corporation Ltd, is a joint venture of the Centre and ...
-
Kumar Mangalam Birla, YC Deveshwar Now Part Of Air India Board
The government today inducted corporate bigwigs Kumar Mangalam Birla and YC Deveshwar to the Air India board, a day after seeking Parliament's approval for supplementary grant for equity infusion in the loss-making national carrier.
-
Government to Infuse Additional Rs 800 Crore Into Air India
The Finance Ministry has sought Parliament's nod for making an additional equity infusion into Air India worth Rs 800 crore, less than half the amount sought by the Civil Aviation Ministry for the national carrier.
-
European Union tells Greece's Prime Minister Alexis Tsipras: Time's Up, No More Gambling
The European Union bluntly warned Greek Prime Minister Alexis Tsipras today that time was up and he should stop playing with his cash-strapped country's future and instead take crucial decisions to avoid a devastating default.
