Idea Cellular, Vodafone to sell tower businesses to ATC Telecom for Rs 7,850 crore

The company#39;s in its filing with the stock exchange said that the Vodafone and Idea Cellular Limited separately agreed to sell their tower businesses to ATC for an aggregate sum of Rs 7,850 crore.
Read Full Article On
The exchange bonds would be allocated to the holders of the existing bonds on the record date, which is three business days prior to the restructuring effective date.
A civil aviation ministry official today said Bansal has been given an extension as Chairman and Managing Director (CMD) of Air India for three months.
Use of contaminated Riomet potentially could result in a risk of infection, especially in the immunocompromised patient.
The GST norms allow smooth transfer of goods after getting rid of the checkpoints ā?? now passing on the responsibility to the traders to comply with the new norms of providing the authenticated doc
The employees of Canara Bank today requested the Centre not to consider cross merger of smaller public sector banks having high NPAs.
WHEN it comes to smuggling activities, Cebu ranks among the highest, Customs Commissioner Isidro Lapeńa said. The official, who was in Mandaue City yesterday for the Invest in Mandaue Forum 2017, rais
PROPERTIES with an aggregate minimum disposal price of P32.87 million will be bid out by the Philippine Deposit Insurance Corp. (PDIC) on Dec. 8. Up for sale are 52 agricultural, commercial and reside
DURING the execution stage in a case for illegal dismissal filed by respondent Maria Veronica C. Perez against petitioners C.I.C.M. Mission Seminaries School of Theology, Inc. and Fr. Romeo Nimez, the
WITH the launch of the newest mentorship program for tech-based startups, the local business community has pledged to help technopreneurs gain market access. In a press conference yesterday for Startu
GLOBE Labs launched its Application Program Interface (APIs), a service that connects various platforms and allows them to communicate with each other. It facilitates interaction between people and th
PHILIPPINE Veterans Bank (PVB) obtained stockholders approval for its proposed capital fund raising exercise during the meeting of its stockholders last Nov. 22 at the SMX Convention Center. Target i
TO develop the domestic local currency debt market, the Monetary Board approved the issuance of a circular assigning a zero-percent reserve requirement (RR) on repurchase (or repo) transactions under
THE Bangko Sentral ng Pilipinas yesterday announced that the new limited edition P10 commemorative circulation coin for the 150th birth anniversary of Philippine hero General Antonio Luna will be avai
Though no official reason has been cited for the surprised removal, which is the second for Soman in as many years, an insider said the transfer was due to some recurring tiffs between operations an
The airline said these special fares are available on the New Delhi, Kochi, Bengaluru, Hyderabad, Chennai, Ahmedabad and Lucknow routes.
Punjab chief minister Capt Amarinder Singh has written to Union Finance Minister Arun Jaitley seeking immediate withdrawal of 5 percent GST on food stuff in containers.
Industry body Assocham has urged Finance Minister Arun Jaitley to allow assured exit price to private equity firms to attract more investments.
In January 2007, SP had changed Indiaā??s rating to BBB-, which is the lowest investment grade rating for bonds. The outlook that it assigned back then was ā??stableā?¯ which it later changed to neg
E-commerce retialers continue to entice more and more people to carry out their holiday shopping online, changing the way people spend on the holidays.
Amazon#39;s biggest yearly sale offering heavy discounts on tech and non-tech products, the Black Friday sale is here.
The US FDA also clarified that advances in science and manufacturing have made vaccines safer.
In a landmark move to tackle the recurring menace of bad loans, the President signed off on the ordinance to tweak the Insolvency and Bankruptcy Code (IBC). However the changes which were approved b
Black Friday, a day after Thanksgiving in the United States of America, signifies a shopping frenzy that exists in the states since the 1950s.
"Promoters of most large steel companies were quite intent to regain control and did appear to offer the most competitive bid during the resolution process but are barred from doing so now," domesti
The changing market conditions and various external economic factors are driving this price impact, Skoda Auto India said in a statement.
According to the carrier the new system will speed up the checking in process and is being followed by several other aviation companies
GROSS sales of the ongoing 12th Negros Island Organic Farmers Festival in the first two days reached to P731,586. The festival will run until November 25. A report from the Office of the Agriculturist
PROVINCIAL Agriculturist Japhet Masculino said yesterday that grain infestation brought damage of about P8.3 million to rice plantations in Sipalay City, Negros Occidental. “Worst because although the
Have received the approval for Nakshatra IPO in June, it is still in the planning stage and in due course we will be filing it, Abhishek Gupta, Group Advisor of Gitanjali Gems said.
According to the UK India Business Council#39;s 3rd annual Ease of Doing Business in India survey, a majority of respondents (51 per cent) said the business environment has improved though the perce
The third in the Moneycontrol Ultimate Business Quiz series.
In a landmark move, the President of India gave his assent to the Bankruptcy Ordinance. The move has unintended consequences. For bidders with requisite financial muscle, it might be a once-in-a-lif
In separate notifications, the drug price regulator said it has notified ceiling prices of 13 formulations, while revising the same for 15 formulations.
MM had earlier said that it would have to take a "hard look" whether it would be justifiable to participate in the second phase of the tender as it was finding it difficult to match the per unit pri

Recent News

Orlando's Black Friday shoppers spread out

After a Thanksgiving night in which some shoppers got a head start, Black Friday at Orlando’s shopping meccas saw busy foot traffic without the hectic clamoring of years past being a widespread trend.
Read Full Story

Theresa May urges European Union to step forward together for Brexit deal

Prime Minister Theresa May urged the EU to "step forward together" with Britain on Friday as the bloc`s leaders hoped she would finally offer a compromise to reach a Brexit divorce deal in
Read Full Story

Flies more germ-laden than suspected

Flies' disease-carrying potential may be greater than previously thought, say US researchers.
Read Full Story

Guardiola surprised by Sterling’s Man City form

Manchester City manager Pep Guardiola admits he has been surprised by Raheem Sterling’s prolific start to the campaign with the Premier League leaders. The England forward scored the winning goa
Read Full Story

ICYMI: Maina still receiving salary, lawyer tells Reps

John Ameh, Abuja Mr. Mohammed Katu,  the legal counsel for the former Chairman, Presidential Pension Reform Task Team, Mr. Abdulrasheed Maina, told the House of Representatives on Thursday that his cl
Read Full Story

I left APC because it has failed Nigerian youths –Atiku

Former Vice-President Atiku Abubakar said on Friday that he resigned from the All Progressives Congress because the party had failed Nigerian youths. Atiku announced on his website that the ruling APC
Read Full Story

A calmer start to Black Friday shopping in Southern California

Chae Woong Bag and his girlfriend had steeled themselves to brave the Black Friday shopping chaos they’d watched on TV back home in Korea. But when the pair arrived Friday morning at 4:30 a.m. at
Read Full Story

Rush of pot grows splits rural California before legal sales

COPPEROPOLIS, Calif. (AP) — The four young men had just started their marijuana harvest in rural Northern California when a dozen sheriff’s deputies swooped in with guns drawn, arrested them an
Read Full Story

Azerbaijani president offers condolences to Egyptian counterpart

President of Azerbaijan Ilham Aliyev has extended his condolences to Egyptian counterpart Abdel Fattah el-Sisi.
Read Full Story

Air Force of Azerbaijan conducts tactical exercises

In accordance with the Armed Forces preparation plan, exercises were conducted with formations and military units of the Air Force.
Read Full Story

Imax's first virtual reality centre opens at the Trafford Centre - in a bid to get more young people flocking to the cinema

Odeon cinema will offer multiplayer games and 'content that ties in with movies' in two-person pods
Read Full Story

Russia strongly condemns terrorist attack in Egypt

A bomb and gun attack on a mosque in the north of Egypt’s Sinai Peninsula has left 235 people dead
Read Full Story