DoT prepares Rs 74,000 cr revival plan for BSNL, MTNL

New Delhi (IANS) The DoT will send a proposal to the cabinet for a revival plan worth Rs 74,000 crore for the ailing state-run telecom firms - BSNL and MTNL - where Rs 22,000 crore would be in the way of capital infusion for acquiring 4G spectrum,…

Singh Bros were alter egos acting with impunity

New Delhi (IANS) How were the Singh Bros -- Malvinder Mohan Singh (MMS) and Shivinder Mohan Singh (SMS) -- the centrifugal forces behind the Rs 3,000 crore Religare Group fraud?

Working in conjunction with CEO Sunil Godhwani (SG), the troika…

Infosys techies accuse CEO, CFO of unethical practices

Bengaluru (IANS) A few anonymous employees of global software vendor Infosys have accused its Chief Executive Officer (CEO) Salil Parekh and Chief Financial Officer (CFO) Nilanjan Roy of unethical practices for many quarters.

"Parekh and Roy…

Indo-US energy trade to touch $10 billion in FY20: Pradhan

New Delhi (IANS) India's energy trade with the US is likely to touch $10 billion in financial year 2019-20, with the country having increased its import of crude oil, LNG and coking coal, said Union Petroleum Minister Dharmendra Pradhan on Monday.

AI, digital marketing key skills to boost growth

New Delhi (IANS) Artificial Intelligence (AI) and Machine Learning (ML), digital marketing and design thinking are the top skills that organisations will need to focus on to drive future growth, according to a new study.

Despite the increased…

Jio charges for voice calls for IUC, rival telcos may wait till Jan 2020

New Delhi (IANS) Reliance Jio mobile services are no longer completely free as the company in an unexpected decision announced recently that it would charge 6 paise/minute from its customers for outgoing calls to other network operators to recover…

IMF's Georgieva urges US, China to make peace on trade

Washington (IANS) The managing director of the International Monetary Fund, Bulgarian economist Kristalina Georgieva, urged the United States and China to move toward full "trade peace" - and not simply a "truce" - after the recent partial agreement…

FM asks G-20 to take steps to revive growth, create reforms

New Delhi (IANS) Finance Minister Nirmala Sitharaman on Friday called on G-20 nations to undertake steps to revive global growth and create second wave of reforms.

The minister said G-20 nations, comprising 19 countries and European Union must…

IL&FS completes sale of wind energy assets to Orix

New Delhi (IANS) In a major development in the resolution of the crisis-hit IL&FS and its group entities, IL&FS on Thursday said that it has completed the sale of its wind energy assets to Orix Corporation of Japan for Rs 4,900 crore, helping the…

Airtel to deploy Ericsson's 5G solution to boost network

New Delhi (IANS) Swedish telecom gear maker Ericsson on Wednesday signed a deal with Bharti Airtel to deploy its 5G-ready Cloud packet core in the domestic telecom major's network in the country.

The deployment would enhance capacity in…