Merging state-run telcos with a nationalised Vodafone Idea could save jobs & precious capital. Managed professionally, it could become a credible third player.
A two-judge panel headed by L. Nageswara Rao Friday dismissed the petitions by Vodafone Idea and Bharti Airtel Ltd Friday, without without giving reasons.
Cairn Energy has been moving aggressively to push the Modi govt to comply with the $1.7 billion arbitration award that it won in December 2020 in the retrospective taxation case.
The appeal against a tribunal at the Permanent Court of Arbitration invalidating India's Rs 10,247 crore tax claim comes weeks before UK PM Boris Johnson's visit to India.
P.C. Mody says govt has already appealed international tribunal order in Vodafone retrospective tax case, and will soon decide whether to appeal Cairn verdict too.
In episode 647 of #CutTheClutter, Shekhar Gupta says India must stop digging the hole and rethink its decision to appeal the rulings against retrospective tax.
In a letter to TRAI, Jio alleged the rival companies are claiming that migrating to their networks would be an act of support to the farmers' protests.
After the transaction, Bharti Infratel will own 36.7% of Indus Towers, Vodafone 28.1%, with the rest held by investors including KKR & Co. and Canada Pension Plan Investment Board.
No politician sees economic reform as a vote-catcher; it’s the old, povertarian economy that gets votes. Can Modi bring farm and labour reforms centre-stage?
For all their colonial underpinnings, postcards from Hyderabad also inadvertently preserve a trace of local memory: a glimpse of a street, a face, a forgotten name.
Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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