India to be ready with 5G roadmap by June: Tel Secy

New Delhi, Mar 27: India will be ready with a full roadmap for 5G technology by June this year, Telecom Secretary Aruna Sundararajan said. Terming 5G important for India’s massive “digitisation and digitalisation” efforts, Sundararajan said the government is working with all stakeholders including the industry, academia and startup community, to become a frontrunner in […]

TPG backed Manipal to merge with Fortis, deal expected soon

  New Delhi, Mar 27: Fortis Healthcare on Tuesday said it has received an unsolicited non-binding indication of interest from Manipal Health Enterprises for possible transaction with the company on March 23. “The said proposal is still under evaluation by the management and no firm decision in this regard has been taken by the board,” […]

Sebi board to vet National Stock Exchange colocation probe report

Sebi board to vet National Stock Exchange colocation probe report

Mumbai, Mar 26: The Securities and Exchange Board of India (Sebi) has completed its investigation of 20 brokers in the National Stock Exchange (NSE) colocation (colo) controversy. The regulator in August last year had ordered a joint forensic audit to probe the brokers, who had allegedly gained unfair access to trading data feed between December […]

Wanted to bid for Essar Steel but now allowed: Sajjan Jindal

New Delhi, Mar 26: Sajjan Jindal after losing Bhushan Steel to Tata Steel was eyeing another bankrupt company Essar Steel but was not allowed to enter the race. The JSW Group Chairman is alleging that the lenders did not allow his company to enter the bidding process. He said that the lenders were making a […]

India’s oil import bill to jump by 25% in FY’18

  New Delhi, Mar 26: India’s oil import bill is likely to jump by a quarter to USD 87.7 billion in the current fiscal year which ends this weekend as international oil prices have surged. India had imported 213.93 million tonnes (MT) of crude oil 2016-17 for USD 70.196 billion or Rs 4.7 lakh crore. […]

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