Business

The merger will bolster Airtel's spectrum footprint in seven telecom circles, with the addition of 43.4 MHz spectrum in the 1800 MHz band.

Prime Minister Narendra Modi and his Nepali counterpart K.P. Sharma Oli on Saturday agreed to boost trade and economic links, connectivity via air, land and water, people-to-people ties, and mutual trust.

On a weekly basis, the barometer 30-scrip Sensitive Index (Sensex) of the BSE rose by 620.41 points or 1.78 per cent to close at 35,535.79 points while the wider Nifty50 of the National Stock Exchange (NSE) closed trade at 10,806.50 points -- up 188.25 po...

Minority investors holding 60 percent of Flipkart's shares "acting together, may require Flipkart to effect an initial public offering" (IPO) four years after the close of the Walmart-Flipkart transaction.

"Today, there was no discussion at all on this issue. The board has already clarified its stance," Kochhar said, when asked whether the controversial lending to the Videocon Group was discussed at the board meeting.

The listing could value the company at up to $100 billion and would be the biggest Chinese tech IPO since Alibaba Group Holding Ltd raised $21.8 billion in 2014.

Flipkart's investors and founders are in favor of the deal with Walmart, with founder Sachin Bansal overseeing final negotiations with Walmart, CNBC-TV18 said.

The deadline set by Fortis' board to review all binding offers received ended at 12 noon on Tuesday.

All sectoral indices of BSE led by realty, banking and metal were in the positive zone, rising by up to 1.07 per cent.

On Thursday, the rupee had closed 15 paise higher at 66.75 against the US dollar on dollar selling by exporters.

The combined company will own 100 per cent of Indus Towers. Indus Towers is currently jointly owned by Bharti Infratel (42 per cent holding), Vodafone (42 per cent), Idea Group (11.15 per cent) and Providence (4.85 per cent).

There are several important reforms that have been tried and implemented, Changyong Rhee, Director of the Asia and Pacific Department at the International Monetary Fund (IMF) said, adding that India is a good example of having bold reforms, compared with...

A number of elections are scheduled to be held in India within the next one year with assembly polls in Karnataka, Mizoram, Chattisgarh, Madhya Pradesh and Rajasthan as well as the 2019 Lok Sabha election.

GE reported profits in every division except oil and gas. The company also reaffirmed its 2018 forecast.

The broader Nifty too opened higher by 30.70 points, or 0.29 per cent, at 10,579.40.

This nine-session winning run is the longest for the equity benchmarks Sensex and Nifty since September 2014.