Vodafone top brass meets telecom secy, seeks 2-yr delay on deferred spectrum payment

Kumar Mangalam Birla, head of Vodafone Idea, had sent an SOS to the government earlier also for deferring statutory payments.

Mukesh Ambani is India’s richest man

Junaid said a total of 233 new entrepreneurs from different businesses made it to the rich list this year.

London-based SP Hinduja and family, with assets worth Rs 1,86,500 crore, retained the second rank in the list.

The company in an emailed statement said: "There has been no transaction of purchase of shares".

The acquisition was pursuant to a scheme of arrangement not directly involving Reliance, the filing said without giving details.

The benefits include 3 months Netflix subscription gift, 1 year Amazon Prime membership and access ZEE5 and Airtel Xstream app.

India is also a major source of employment for Amazon’s global operations with some 62,000 full-time staff and 155,000 contract employees.

The broadband service will offer unlimited data, free voice calling to anywhere in India as well as TV video calling/conferencing.

During his speech, Ambani also backed the Narendra Modi government’s ambitious goal of making India a USD 5 trillion economy.

The oil-to-telecom giant saw its scrip jump 9.72 per cent to close at Rs 1,275 on the BSE.