Search Results for: Bharti Airtel

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Hamid Ansari meets Cuban President on his visit to Havana

Havana, Oct 31 (ANI): Vice-President Hamid Ansari met Cuban President Raul Castro during his two-day state visit to the country, during which the two countries inked four agreements to strengthen bilateral ties. Ansari arrived in Cuba on October 29 to hold talks with the political leadership on bilateral and multilateral issues. The two countries signed an agreement on cooperation in broadcasting between India’s government run Prasar Bharti and Cuban Radio and Television Institute. Ansari, who held delegation level talks with Cuban leaders, also visited the Biotechnology Centre in Cuba and appreciated the "pioneering work" done by it and talked about the possibilities for collaboration between the two countries in the field. Oct 31, 2013
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BSE closes points 352.42 up on October 29

New Delhi, Oct 29 (ANI): Trading at the Bombay Stock Exchange today closed 352.42 points up to stand at 20,922.70. At the National Stock Exchange the Nifty closed 119.80 points up to stand at 6,220.90. Mahindra and Mahindra Financial Services Ltd. and Maruti Suzuki were among the top gainers of Group A with an increase of 9.26% and 8.85% along with HDIL and Century Tex with an increase of 7.61% and 7.42% respectively, while the top losers of Group A include Suzlon Energy and Bharti Infratel with a decrease of 4.96% and 2.59% along with Muthoot Finance Ltd. and United Brew-$ with a decrease of 2.39% and 1.81% at the close of the markets. The Auto sector is up 289.56 points at 12,079.58 while the banking sector is up 550.81 points at 12,846.95 and the realty sector is up 31.59 points at 1,327.65. The Indian currency is up 0.14% at Rs 61.39 per dollar. Oct 29, 2013
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Bharti, Wal-Mart call off India joint venture

New Delhi, Oct 9 (ANI): World's largest retail chain Walmart Stores Inc and Sunil Mittal-led Bharti Group have called off their six-year old alliance in India and will own and operate separate businesses in the country. Wal-Mart, tied up with Bharti in 2007 and had been the most vocal proponent of prying open India's restrictive retail market to foreign supermarket operators. However, its growth in India has been hindered by still-evolving rules on foreign investment, an internal bribery probe, and, more recently, the faltering partnership with New Delhi-based Bharti. Under terms of their breakup, Wal-Mart will acquire Bharti's 50 percent stake in Bharti Wal-Mart Pvt Ltd, which runs about 20 wholesale stores in India under the Best Price Modern Wholesale brand, and will run the business independently. Oct 9, 2013
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