Friday, March 29, 2024

Archive for February, 2018

Not only India, emperor Xi’s rise will hurt even China in more ways than one

Wednesday, February 28, 2018 17:10

By: Kanwal SibalThe move by the Chinese Communist Party (CPC) to amend the constitution to give a third term to President Xi Jinping has several implications, largely negative. When the Politburo Standing Committee was reconstituted at the 19th National Congress of the CPC in October 2017, it was suspected that ...

This was posted under category: Business  |  Read Full Story  |  0 Comments

ISL: Goa score first ever win against ATK, move closer to semis spot

Wednesday, February 28, 2018 17:05

Manuel Lanzarote struck twice as FC Goa notched up a dominating 5-1 win over ATK and inched closer to a semi-final spot in the Hero Indian Super league (ISL) at the Nehru Stadium on Wednesday.

This was posted under category: Sports  |  Read Full Story  |  0 Comments

Airtel Africa’s value should be much more than $7 billion: Akhil Gupta

Wednesday, February 28, 2018 16:57

Bharti Enterprise Vice Chairman Akhil Gupta estimates that enterprise value of Airtel Africa to be around $7 billion."It should be much more. We should be at least $1.2 billion of EBIDTA by that time (at the time of listing) but this will be market that will decide," Gupta told reporters ...

This was posted under category: Business  |  Read Full Story  |  0 Comments

PNB fraud: Blue Corner notice issued against Nirav Modi, Mehul Choksi

Wednesday, February 28, 2018 16:54

NEW DELHI: A Blue Corner notice was issued on Wednesday against diamond jeweller Nirav Modi and his uncle Mehul Choksi of Gitanjali Group in connection with the Rs 12,600-crore Punjab National Bank (PNB) fraud case, an official said.An Income Tax department official said the Blue Corner notice -- to locate, ...

This was posted under category: Business  |  Read Full Story  |  0 Comments

Lure of big money is making provident funds fall for the charm of equities

Wednesday, February 28, 2018 16:48

MUMBAI: India's biggest pension fund isn't the only conservative manager of public money now investing in equities. Standalone provident funds, which together manage about $16 billion in savings for their staff, have started buying exchange-traded or mutual funds as stocks continue to outpace all other classes of asset in yielding ...

This was posted under category: Business  |  Read Full Story  |  0 Comments

MP bypolls: Cong retains Mungaoli and Kolaras

Wednesday, February 28, 2018 16:45

The Congress on Wednesday retained both the assembly seats in BJP-ruled Madhya Pradesh while it lost to the BJD the lone constituency in Odisha where bypolls were held this month.

This was posted under category: Buzz  |  Read Full Story  |  0 Comments

Ashwin ruled out of Deodhar Trophy

Wednesday, February 28, 2018 16:06

A day after he was named as the captain of India 'A' team for the upcoming Deodhar Trophy, off-spinner Ravichandran Ashwin has been ruled out of the tournament due to injury concern on Wednesday.

This was posted under category: Sports  |  Read Full Story  |  0 Comments

CBI arrests Karti for allegedly taking bribe when PC was FM

Wednesday, February 28, 2018 15:32

The Central Bureau of Investigation on Wednesday arrested Karti Chidambaram, son of former finance minister P Chidambaram, from Chennai in the alleged payoffs case related to INX Media. He was produced before a court in Delhi which remanded him in CBI custody for a day.

This was posted under category: Buzz  |  Read Full Story  |  0 Comments

Paid Karti Rs 3.10cr through foreign subsidiaries, claim Indrani and Peter

Wednesday, February 28, 2018 15:32

The Central Bureau of Investigation on Wednesday arrested Karti Chidambaram, son of former finance minister P Chidambaram, from Chennai in the alleged payoffs case related to INX Media. He was produced before a court in Delhi which remanded him in CBI custody for a day.

This was posted under category: Buzz  |  Read Full Story  |  0 Comments

Bharti Airtel wants to get out of towers, committed to Africa

Wednesday, February 28, 2018 15:22

BARCELONA: Bharti Airtel is exploring merger and sale options for its mobile towers businesses as Chairman Sunil Bharti Mittal seeks to get out of the infrastructure game and focus on connectivity.Airtel, the world's No.3 mobile operator by subscribers, also wants to float a minority stake in its African operations and ...

This was posted under category: Business  |  Read Full Story  |  0 Comments