nira-radia-case-sc-orders-cbi-to-submit-report-by-17th-december

Nira Radia case: SC orders CBI to submit report by 17th December

New Delhi, Oct 17 (ANI): The Supreme Court on Thursday ordered the CBI to submit its report on all the 14 conversations of Nira Radia latest by 17th December. The lawyer confirmed that SC also rejected CBI's plea that some of the things should be investigated by the police officials, saying that the case involves serious issues which has to be taken seriously. The aforesaid case relates to the telephonic conversations between Nira Radia, and an acquaintance of Indian Telecom Minister A Raja, and with senior journalists, politicians, and corporate houses, taped by the Indian Income Tax Department in 2008-09. Oct 17, 2013
empowerment-of-people-possible-through-expansion-of-internet-kapil-sibal

Empowerment of people possible through expansion of internet: Kapil Sibal

New Delhi, Oct 17 (ANI): While addressing the mediapersons, Telecom Minister Kapil Sibal on Thursday talked about the power of internet and said that the empowerment of people can only be made possible through the expansion of internet. He further said that in order to bring transparency in the system, internet is an important factor. Talking about the recent disaster in Odisha, Sibal said that it is through internet and mobile phones that such a major evacuation was made possible and helped save many lives. Oct 17, 2013
india-sees-telecoms-consolidation-as-vodafone-lines-up-2-bln-investment

India sees telecoms consolidation as Vodafone lines up $2 bln investment

New Delhi/Mumbai/Srinagar, Oct 16 (ANI): Telecom Minister, Kapil Sibal has said that Vodafone Group has planned to invest more than $2 billion in the country, a victory for a policy change designed to boost foreign interest and thin out the crowd of a dozen players in the world’s second biggest mobile phone market. The investment plan by Britain's Vodafone follows the removal in August of a cap on foreign firms investing in telecoms companies. Sibal on the occasion, also said that it was “possible” that the government could hold another auction of third-generation (3G) spectrum, which would be the first since 2010, but he gave no timeline for this. Oct 16, 2013
bharti-wal-mart-call-off-india-joint-venture

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