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India's telecom providers sceptical about Modi govt proposal for 5G spectrum auction in August 2019

Struggling under huge debt burden and a bruising price war, the telecom providers will find it difficult to take part in bidding set to start at Rs 4.94 trillion.

Dec 18, 2018

Huawei Technologies Chief Financial Officer Meng Wanzhou Attends Bail Hearing After Arrest In Vancouver

Canada frees Huawei CFO Meng Wanzhou on bail; Trump says he would intervene

Meng Wanzhou, Huawei's chief financial officer and the daughter of its founder, faces US claims that she misled multinational banks about Iran-linked transactions, putting the banks at risk of violating US sanctions.

Dec 12, 2018

China summons US envoy over 'unreasonable' arrest of Huawei CFO, Meng Wanzhou seeks bail on health grounds

Huawei CFO Meng Wanzhou was arrested on behalf of the United States from Vancouver airport as she changed planes on December 1. She faces extradition to the US. The hearing on Friday ended without a decision and is set to continue on Monday, December 10.

Dec 10, 2018

Arrested Huawei CFO faces extradition to US; what charges is Meng Wanzhou facing?

A Canada Justice department official said that US Department of Justice had opened the investigation in April and was probing if the telecommunications brand sold gear to Iran despite a ban on exports to the region.

Dec 6, 2018

Who is Ranbir Singh? Bureaucrat appointed as Delhi's new Chief Electoral Officer

Ranbir Singh, a 1991-batch IAS officer, succeeds Vijay Kumar Dev. He had earlier served as the commissioner of the East Delhi Municipal Corporation.

Nov 27, 2018

RCom fears DoT bank guarantee push can scupper assets sale deal with Jio

Anil Ambani's company told the top court that government ignored collateral security worth Rs 1,400 cr while seeking Rs 2,940 cr bank guarantee.

Nov 27, 2018

Higher security spend of banks failed to curb increasing frauds

Cases of banking frauds shot up by 20 percent in two years despite closer oversight following some high-profile cases of wilful default, study says.

Nov 24, 2018

Indian External Affairs Minister Sushma Swaraj

Sushma Swaraj: Have made up my mind not to contest 2019 general elections

A prominent face of the BJP with her political career spanning for decades, Sushma Swaraj was the youngest member of the Haryana Assembly when she was elected at age 25 in 1977 and made a minister.

Nov 20, 2018

India's manned space flight ambition passes a vital test

Indian space agency ISRO's plans for a manned space flight gets a boost with GSLV Mk3 launch that placed GSAT-29 to a geosynchronous transfer orbit (GTO).

Nov 15, 2018

Infosys to open technology hub in Texas, plans to hire 500 Americans by 2020

Last May, Infosys had announced to hire 10,000 American workers by 2019 and till date, the IT behemoth has employed 6,200 American workers.

Nov 14, 2018

Oil helps European stocks rise while tobacco goes up in smoke

European shares bounced back on Monday thanks to strong oil stocks, while tobacco firms were dented by new signs of regulators tightening the screws on menthol cigarettes.

Nov 12, 2018

India may trade with Iran in rupee for oil supplies

India is expected to stimulate a previous arrangement of making payments in rupee in an account with UCO Bank. Since the bank does not have any international exposure, it would be safe from any sanctions.

Nov 4, 2018

Trump, his children in legal soup for 'urging investors to engage in fraudulent ventures'

The lawsuit, filed on behalf of four individuals whose identities haven't been revealed, names the president, his company, Eric, Donald Jr., and Ivanka Trump and says they used their brands to urge investors to put their money in unlawful schemes.

Oct 30, 2018

Telecom operators instructed to have new KYC process ready by November 5: DoT

Aadhaar and related biometric details are no longer needed to verify a customer's new subscription and the DoT has instructed all telecom companies to scrub their customer's details as well.

Oct 28, 2018

Want to browse internet during flight hours? SpiceJet to offer free Wi-Fi onboard

It is to be noted that regulators in India have put an embargo on the use of internet in flight, even the international airlines are not allowed to give the access of internet to its passengers.

Oct 13, 2018

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