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Gadkari says 'no conflict of interest' in Essar yacht ride controversy

 Union Transport Minister Nitin Gadkari was on Friday at the centre of a controversy over reports that he and his family spent two nights on a luxury yacht owned by Essar group in the waters of......

25 years of telecom in India: Who won, who lost

 While smart boys like the Ruias of Essar, Ajay Piramal, Max India promoter Analjit Singh laughed all the way to the bank, the Tatas, Anil Ambani, Malaysian tycoon T Ananda Krishna of Maxis (which......

How foreign telcos got bruised in India

 In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest. Image: A young artist dressed as Hanuman speaks on a mobile......

Zain, Telenor eye stake in BPL Mobile subsidiary

 Kuwait-based Zain Telecom and Norway telcom giant Telenor have started negotiations withMumbai-based Loop Telecom, a fully-owned subsidiary of BPL Mobile, for a strategic stake. It is not clear,......

Indian companies shrug off subprime gloom

 Indian companies are pushing ahead with mergers and acquisitions in spite of the subprime crisis. Takeover deals involving Indian companies were valued at a total of $8.3bn and numbered 153 in the......

Orascom threat to India? Pak wonders

 Amid reports of security concerns over Egypt's Orascom acquiring indirect stake in Hutch-Essar, Pakistan telecom regulator Shahzada Alam Malik wondered on Friday how a mobile operator working in......

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