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In an earlier report, the committee had recommended the option of handing over the management of BSNL and MTNL to those professionals who have a proven track record of facing a stiff competitive environment coupled with efficient management of finances, equipment, manpower and modern marketing strategies.

Business

BSNL to approach NCLT this week against RCom to recover Rs 700 cr

BSNL has already invoked bank guarantee of around Rs 100 crore submitted by RCom for default on payments, said sources.

17 March 2019 1:19 PM IST

Equifax Interconnect is a cloud based modular, agile and secure decision management system that is designed to help Indian financial institutions to transform complex data and decision.

Business

Equifax Analytics joins with SysArc Infomatix to enable seamless...

EquifaxInterConnect enables institutions to manage decision policies, data sources, models and analytics effectively.

16 March 2019 12:55 PM IST

Reliance Communications (RCom) on Friday said that it was in advanced talks with Ericsson to resolve commercial issues to exit the bankruptcy proceedings.

Business

RCom-Ericsson case: NCLAT declines to direct SBI to release Rs 259 cr

Apex court has asked RCom group to pay Rs 453 crore in four weeks, by March 19, failing which Ambani will have to go to...

16 March 2019 10:51 AM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

Business

Jio tops 4G chart with 20.9 mbps download speed in Feb, Voda in...

The average download speed on Idea's network improved to 5.7 mbps in February from 5.5 mbps in January.

16 March 2019 10:45 AM IST

Intra-day, Infosys share price rose by 2.4 per cent to Rs 945.85. (Photo: PTI)

Business

US Court dismisses visa fraud lawsuit against Infosys, Apple

The lawsuit was filed in 2016 by a whistleblower alleging that the iPhone maker Apple and Infosys.

16 March 2019 10:39 AM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Business

Air India requests 'inactive' crew to immediately join work

Air India's chairman and managing director Ashwani Lohani 'has requested all inactive crew to report for duty today...

16 March 2019 10:35 AM IST

Business

BSNL clears February salaries of employees: CMD

BSNL CMD had said on Thursday that the telco was using internal accruals of Rs 850 crore to clear the February salary.

15 March 2019 6:40 PM IST

$\The investment committee of the board of directors of the company has approved the proposal to acquire 100 per cent shareholding in M/s K-Vision Co., Ltd through its wholly owned subsidiary ie Mahindra Engineering Services (Europe) Limited,\ Tech Mahindra said in a note. (Photo: ANI)$ Business