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 ...
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 ...
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, ...
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 ...
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.
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.
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.
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 ...