Companies of Rajya Sabha MP Subhash Chandra's Essel Group are in the midst of investigations over the Rs 11,808 crore lottery scam in Mizoram in the North-East. According to a report by the Comptroller and Auditor General (CAG) of India presented in the Mizoram assembly in December 2016, there was extensive negligence and discrepancies in the state government's lottery operations which resulted in the loss of more than Rs 11 crore for the government, an amount more than its annual revenue.
The Sri Lankan legend Mahela Jayawardene was being linked with the job of the Indian Team's head coach.
But the former Sri Lankan Captain Mahela Jayawardene has categorically dismissed the speculation linking him to the post of Indian cricket team’s head coach, saying he is ‘not looking at full-time positions right now’.
The position for the head coach has been vacant since Anil Kumble’s resignation following India’s 180-run defeat against arch-rivals Pakistan in the Champions Trophy...
Katrina Kaif has always been noticed more for her looks, clothes and dance rather than her acting. And this has admittedly hurt the actor at instances more than one. Thus, when she got a chance to work with director Anurag Basu for 'Jagga Jasoos', she made sure to make the most of the opportunity and at the same time explore and challenge herself as an actor.
Katrina plays the role of a journalist in 'Jagga Jasoos' opposite rumoured ex-boyfriend Ranbir Kapoor. And she has been working very hard...
BCCI's acting secretary Amitabh Choudhary has said that the Indian cricket board will form a Committee to make sure it can implement the Lodha Panel reforms in the swiftest way possible. Choudhary said the same in a media briefing right after the conclusion of the Board's Special General Body Meeting.
"BCCI will form a committee to see how best could the Lodha reforms be implemented and the fastest.
"The committee will have its first recommendations in a fortnight's time and BCCI office bearers...
Ivanka Trump has accepted PM Modi's invitation to come to India for the Entrepreneurship Summit which will take place in September this year. This will be the eighth edition of the Global Entrepreneurship Summit.
“To further our economic partnership, I am excited to report that the Prime Minister has invited my daughter, Ivanka, to lead the US delegation to the Global Entrepreneurship Summit in India this fall. And I believe she has accepted,” President Trump told reporters after meeting Modi.
Just hours before the Modi-Trump meet America on Monday declared the Pakistan-based Hizbul Mujahideen leader Syed Salahuddin a global terrorist.
The State Department said it had designated Mohammad Yusuf Shah, widely known as Syed Salahuddin, as a Specially Designated Global Terrorist (SDGT).
He is also the head of United Jihad Council, a conglomerate of several terror outfits like LeT and JeM which operate out of Pakistan and Pakistan-occupied Kashmir.
"Under Salahuddin's tenure as senior Hizbul...
Idea Cellular, Vodafone India Announce Merger To Create India's Largest Telecom Company
DIVYIA | 0
March 20 , 2017 , 10:26 IST
[caption id="attachment_244164" align="aligncenter" width="700"] Representational Image[/caption]
In one of the biggest merger in the telecom space, Vodafone India and Aditya Birla Group-promoted Idea Cellular on Monday announced the much-awaited amalgamation.
Idea Cellular in a regulatory filing on Monday said, its Board of Directors "have approved the scheme of amalgamation of Vodafone India Limited and its wholly owned subsidiary Vodafone Mobile Service Limited with the company (Idea)."
ALSO READ: Will Vodafone Merge With Idea?
Vodafone will own 45.1 per cent of the combined company, Idea said in a statement.
"The Aditya Birla Group will then own 26 per cent and has the right to acquire more shares from Vodafone under an agreed mechanism with a view to equalising the shareholdings over time," it added.
"For Idea shareholders and lenders who have supported us thus far, this transaction is highly accretive, and Idea and Vodafone will together create a very valuable company given our complementary strength," said Kumar Mangalam Birla, Chairman, Aditya Birla Group.
ALSO READ: Vodafone Beats Jio On Price, Offers 28GB 4G Data & Unlimited Calls At Just Rs 346
"The combination of Vodafone India and Idea will create a new champion of Digital India founded with a long-term commitment and vision to bring world-class 4G networks to villages, towns and cities across India," said Vittorio Colao, Chief Executive, Vodafone Group Plc.
"The combined company will have the scale required to ensue sustainable consumer choice in a competitive market and to expand new technologies - such as mobile money services - that have the potential to transform daily life of every Indian," he added.