To create India's largest telco, Vodafone has entered in early talks with the Tata Group to buy its controlling stake in Tata Teleservices.
A person who is aware about the development said, "Discussions are at an early stage. It is difficult at this stage to say what the outcome of these talks will be."
According to a latest forensic report, it has been revealed that a tiger at the Rajasthan's Ranthambhore National Park has recently been poisoned.
It has been revealed by sources that the roar of a majestic tiger has been silenced forever by giving it poison.
On Wednesday, television channel reports and other media quoted unnamed defence ministry sources, said that The Indian Government cancelled the Rs. 3600 crore AgustaWestland VVIP chopper deal.
The deal concerned the purchase of twelve helicopters to transport top politicians across the country.
Universal Commodity Exchange (UCX) has approached MCX to merge itself with the country's largest commodity futures exchange.
Shares of Multi Commodity Exchange (MCX) and Financial Technologies (India) (FTIL) gained neatly in the intra-day trades on Tuesday when news buzzed in that Mumbai-based Universal Commodity Exchange (UCX) is interested in buying a stake in the commodity futures exchange which promoted by Jignesh Shah.
On Tuesday, Vodafone the British telecom major submitted its reply to the finance ministry's proposal for a non-binding conciliation to settle the long pending Rs. 11,200 crore tax dispute.
It was not known immediately if the company has accepted the government offer for out of court settlement of the tax dispute.
In early trade on Tuesday, shares of Apollo Tyres Ltd gained 4 per cent after a deal to acquire U. S.-based Cooper Tire & Rubber Co fell through late last night.
On Monday, Cooper Tire said it was pulling out of the deal after being informed by the Indian tyre maker that financing was no longer available for a takeover. Both the companies have threatened legal action against each other.
The Indian Council of Medical Research has carried out a study, which continued for two years. It has found that condoms that are made according to international standard sizes are too large for Indian men.
This has led to come up with a recommendation that mixed-size condoms should be made available in India. It is important aspect as more than two million people are living with HIV in India.
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