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Corruption in public sector banks: Who pays the price?

The inefficient public sector with higher costs offers a lobbying cover for the entire sector, which confers even greater benefits on the private sector, says Debashis Basu. Public-private......

RCom expects 30% growth in enterprises division in 5 years

Telecom major Reliance Communications expects 30 per cent annual growth in revenues and profitability from its enterprises division over the next five years. RCom on Friday announced appointment of......

Airtel acquires 49% stake in Qualcomm's broadband biz

Bharti Airtel on Thursday said it has acquired 49 per cent stake in Qualcomm's broadband wireless access (BWA) business in India for USD 165 million (about Rs 922 crore).Under the agreement, Bharti......

Will the Budget change a lot for India's economy?

Moral authority of the current govt has taken a beating but can the budget lift it out of that mess? Will the budget change a lot for India's economy? Time for a hard budget? India Inc's young......

Tulip plans India's largest data centre

Tulip Telecom on Friday announced that it has chosen IT major IBM and data centre consultant Schnabel to establish a data centre in Bengaluru, which the company said will be India's largest and the......

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