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Russia unhappy with India over Kudankulam

 Russia on Monday made very clear to India its unhappiness over two key bilateral issues-- Kudankulam Nuclear Power Plant 3 and 4 and investments by its telecom company Sistema in the country,......

2G: Attorney general, Radia among CBI witnesses

 Attorney General Goolam E Vahnavati and corporate lobbyist Niira Radia are among the 125 witnesses listed in the Central Bureau of Investigation chargesheet in the 2G spectrum scam. The name of......

RCom to use Rs 11k cr from stake sale in cell towers to cut debt

 Reliance Communications Ltd (RCom) on Friday announced the sale of 51 per cent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment......

Markets extend gains for the fourth straight day

 The S&P BSE Sensex ended 80 points up at 23,789 while the Nifty50 closed at 7,235, up 24 points.   Extending their gains for the fourth consecutive session, benchmark indices ended the......

RCom, Aircel in talks to merge wireless biz

   Three-way consolidation with MTS may create country’s second-largest telco Reliance Communications on Tuesday said it had entered into a 90-day non-binding exclusivity period with......

RCom, Sistema in talks to merge telecom biz in India

 Anil Ambani-led Reliance Communication on Monday said it is in talks with AFK Sistema to merge the Russian conglomerate's Indian telecom operations through a cashless stock swap. "Reliance......

Investment board clears 21 FDI projects

 Foreign Investment Promotion Board on Tuesday cleared 21 proposals, including that of Bharti Shipyard, but turned down the Sistema Shyam's request to raise foreign holding. The FIPB, headed by......

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