wali is almost here. This means it is that time of the year when many of you buy a phone or two, among a bit of some more festive shopping that happens inevitably. Nowadays, Rs 20,000 is sort of money that ought to fetch buyers a good enough phone. This ... Read More »
Debt laden Reliance Communications Ltd (RCom) of the Reliance Anil Dhirubhai Ambani Group has signed a non-binding term sheet for the sale of 51 per cent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment of Rs 11,000 crore. Under the term sheet, ... Read More »
ALGIERS, SEPT 28: OPEC had agreed on Wednesday for modest oil output cuts in the first such deal since 2008, with the group’s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices. “OPEC made an exceptional decision today … After two-and-a-half years, OPEC ... Read More »
NEW DELHI: In the biggest consolidation deal in India’s telecom sector, Reliance Communications and Aircel on Wednesday announced the merger of their wireless operations to create a combined entity with assets worth Rs 65,000 crore. RCom and Maxis Communications Berhad (MCB) hold 50% each in the merged entity with equal ... Read More »
Penny Kim, a marketing professional with a short one-month career at a Silicon Valley startup, shared a detailed account of one of the ugliest startup stories we’ve ever heard. Her tale started with a job offer in July of $135,000 a year plus equity, a $10,000 signing bonus for relocation ... Read More »
Superstar singer Adele is rolling in the cash after making a £350,000 profit on her luxury villa on a beachfront resort known as Millionaire’s Row. The Rolling in the Deep singer, 28, bought the Art Deco property for £2.5million in 2012 but has now made a tidy sum after selling ... Read More »
BOUGHT for just over $700,000 more than two decades ago, this Sydney Harbour-view mansion is now set to sell for more than $10 million. Paul Disalvo and his wife Lucy bought their Vaucluse home in 1992 for about $725,000, a figure that in the ’90s was considered a hefty sum. ... Read More »
Bollywood actor Salman Khan, the goodwill ambassador of the Indian contingent at this year’s Olympics in Rio, will present a cheque of Rs. 1,01,000 to each of the athletes. “As a gesture of appreciation for our Olympic athletes, I will present each one with a cheque of Rs. 1,01,000,” Salman, ... Read More »
Thieves in Canada made off with more than 5,000 gallons of maple syrup from trucks stored at a local warehouse. CTV reports the shipment was meant to be sent to Japan before delays forced it to be locked away temporarily. Vice president of Mexuscan Cargo shipping company Alfredo Monaco said ... Read More »
MUMBAI: As many as 24,000 residential unitswere launched in top six metros during April-June period of this fiscal with Bengaluru witnessing the maximum number of launches, a study by Colliers International India said. According to the report, Q2 2016 witnessed the residential sector on the cusp of recovery, as the ... Read More »
A global health conference held in Carlisle brought in more than £40,000 to the local economy over three days, organisers have revealed. Now they have spoken of thier hope that the World Health Innovation Summit (WHIS) will return to the city next year – providing a platform of growing influence ... Read More »
Rihanna was reported to have been the headline act at the Lollapalooza Colombia festival in South America. But just weeks before it was meant to take place, the Bajan beauty has left the festival in tatters by refusing to perform at the show. A source told the RCN Radio of ... Read More »
