Cabinet approves BSNL-MTNL merger, 4G grant, bond issue

New Delhi (IANS) The Union Cabinet on Wednesday approved the revival plan of loss-making firms -- BSNL and MTNL -- which includes allocation of 4G spectrum with a capital infusion of Rs 20,000 crore and their in-principle merger.

The revival…

Markets open in the red on Wednesday

Mumbai (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade.

The Sensex of the BSE opened at 39,063.84 points, which was also the high point. It touched a low of 38,880.05…

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,…

Nandan Nilekani steps in to soothe Infosys investors

Mumbai (IANS) In an attempt to soothe investor sentiments, Infosys Chairman Nandan Nilekani on Tuesday assured investigations to the "fullest extent" into allegations of unethical practices against its Chief Executive Officer (CEO) Salil Parekh and…

Urban Ladder co-founder Rajiv Srivatsa steps down

New Delhi (IANS) Bengaluru-based and Ratan Tata-backed home furnishing company Urban Ladder's co-founder Rajiv Srivatsa has announced to step down from his role.

In a LinkedIn post, Srivatsa said that last eight years have been an outstanding…

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.

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…

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…

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…