The department of telecommunications (DoT) has prepared a roadmap for auctioning radiowaves to existing and new telecom operators for the next five years, though it refuses to indicate the revenue it expects to mop up from the exercise.
India’s second largest budget carrier SpiceJet announced its third flash sale in less than a month offering a million seats for fares starting at `999 plus taxes.
There are no plans to privatise the loss-making national carrier Air India (AI), aviation minister Ashok Gajapati Raju told the Parliament on Tuesday.
A Manhattan jury on Tuesday acquitted Rengan Rajaratnam of charges of conspiracy to commit insider trading, handing US attorney Preet Bharara his first defeat in such cases.
The world's no.2 retailer by sales, which has been operating in India since 2010, will shut its five Indian wholesale stores by the end of September, it said in a statement late on Monday.
Mukesh Ambani-led Reliance Jio Infocomm Ltd will start full-fledged trials of 4G services across major cities in India from next month, before its expected launch of commercial service March-April 2015.
Consumer electronics giant Sony will spend Rs.
800 crore in India this year, up from Rs.
650 crore last year, to boost its sales and distribution network and increase investment on marketing its latest gadgets.
Telecom sector regulator Trai has notified that the minimum broadband speed has been raised to 512 kilo bits per second (kbps) from the earlier 256 kbps.
The Indian conglomerate headed by billionaire Ajay Piramal is hunting for road projects put up for sale by stressed developers, betting a change of government will stimulate growth and revive an infrastructure sector plagued with delays.
India's national poverty line continues to be the lowest among the BRICS countries, even after the upward revision recommended by the panel headed by former RBI governor C Rangarajan.
The benchmark Sensex crossed the 26,000-mark for first time in its history and extended gains for the second consecutive day on Monday surging 138 points on positive hopes from Modi government's maiden Budget on Thursday.
FM Arun Jaitley will have to negotiate through a maze of thorny issues and the road ahead appears full of twists and turns. HT takes a look at 10 challenges that the FM faces ahead of his maiden budget on Thursday.
The rupee is at 60.00/01 versus its Friday's close of 59.72/73, as lack of dollar supplies on account of the US markets holiday hurts while caution also prevails ahead of the budget on Thursday.
Business activity in emerging markets expanded last month at its fastest rate since March 2013, boosted by strong growth in China and India, a survey showed on Monday.
US travel giant Expedia Inc said on Monday it agreed to buy Australian online travel group Wotif.com Holdings Ltd for A$703 million ($660 million) in cash, sending Wotif's shares 25% higher.