India Inc's foreign borrowings unchanged at $3.72 bn in Jul

Borrowings by Indian companies from overseas markets remained unchanged from a year ago at $ 3.72 billion in July, Reserve Bank data showed on Tuesday. Indian companies had raised $ 3.7 billion......

India entry may get tougher for foreign telecom firms

The government has proposed to make security clearance mandatory for foreign telecom companies, irrespective of the equity they intend to own in their Indian venture. At present, foreign telecom......

Telenor investment plan for Indian JV gets approval

The government on Wednesday said it has cleared Norwegian telecom firm Telenor's proposal to invest Rs 1,000 crore (Rs 10 billion) in a joint venture company in the telecom sector. Telenor Mobile......

5 million Uninor users up for grabs in West Bengal

About 5.6 million mobile users having Uninor connections are up for grabs in Kolkata and West Bengal. Uninor, which has been operating in both Kolkata and West Bengal telecom circles since December......