RIL to offload 3.1% stake in Network18 for around Rs 200-cr

Last Updated: Monday, July 6, 2015, 23:57

Reliance Industries will offload 3.1 percent stake in media and entertainment firm Network18 Media and Investments Ltd for an estimated Rs 200 crore to bring down its shareholding to permitted level of 75 percent.

Sterlite Technologies eyes defence contract worth Rs 7,000 cr

Last Updated: Monday, July 6, 2015, 15:53

The optical fibre manufacturer is also connecting defence establishments in Jammu & Kashmir with high-speed optical fibres.

Maran was evasive during questioning; may be called again: CBI

Last Updated: Sunday, July 5, 2015, 17:44

Former Telecom minister Dayanidhi Maran was "evasive" during his questioning by CBI in a case of alleged abuse of his office in getting installed high capacity BSNL lines at his residences to facilitate speedy transmission of programmes to a TV firm owned by his brother and could be called again.

Sterlite to invest Rs 400cr, up optic fibre capacity to 30m km

Last Updated: Sunday, July 5, 2015, 15:10

Sterlite Technologies will invest up to Rs 400 crore on capacity expansion as it targets a major part of the Rs 72,000-crore BharatNet project.

India fares poorly in women entrepreneurship: Report

Last Updated: Tuesday, June 30, 2015, 17:41

The 2015 scorecard that evaluates 31 countries, ranked India at the 29th position, followed by Pakistan (30th) and Bangladesh (31st).

Sun TV down 3.5%; shares extend losses for 6th straight day

Last Updated: Monday, June 29, 2015, 18:54

Shares of Sun TV Network on Monday fell by 3.5 percent , extending downfall for the sixth straight session, after the Union Home Ministry clarified last week that it will not give security clearance to the Kalanithi Maran-owned company.

IPDS to strengthen power transmission, distribution network

Last Updated: Sunday, June 28, 2015, 19:58

Highlighting the government's Domestic Efficient Lighting Programme (DELP) and LED-Based Smart Street Light programme, Goyal said for promoting energy efficiency in Varanasi nearly 36,000 street lights would be replaced with efficient and smart LED lights that would save around Rs 31 crore annually to municipal corporation here.

AT&T to invest $3 bn for Mexico mobile network

Last Updated: Friday, June 26, 2015, 08:55

AT&T entered the Mexican mobile service business when it acquired Iusacell and Nextel Mexico for $4.4 billion earlier this year.

Indie music body endorses Apple's new music streaming service

Last Updated: Thursday, June 25, 2015, 00:58

Apple Inc`s new music streaming service has been endorsed by the Worldwide Independent Network, an association for independent musicians, two days after the company reversed its decision of not paying musicians during a three-month trial.

Rs 300 cr invested last fiscal in Karnataka: Vodafone

Last Updated: Wednesday, June 24, 2015, 21:32

Vodafone India Wednesday said it has invested over Rs 300 crore in ramping up network and distribution in Karnataka circle during the past 12 months from April 2014.

Security clearance to Sun TV may compromise economic security

Last Updated: Friday, June 19, 2015, 20:40

Attorney General Mukul Rohatgi's opinion favouring security clearance to Sun TV has raised concerns among Home Ministry officials as they fear it might compromise the country's "economic security".

Sun TV surges 8% after AG backs grant of security clearance

Last Updated: Friday, June 19, 2015, 17:33

Shares of Sun TV Network soared almost 8 percent Friday after Attorney General (AG) Mukul Rohatgi supported grant of security clearance to 33 channels of the Kalanithi Maran-promoted firm.