With the aim to buy a $225m stake in an Indian mobile phone company, Bahrain's national telecommunications operator has joined hands with a Dubai-based private equity business.
It was informed by Batelco (Bahrain Telecommunications Co) that it would take a 49 per cent stake together with Dubai's Millennium Private Equity in S Tel, an Indian mobile operator licensed to operate in six Indian states with a total population of about 230m people.
Mr. Perfectionist Aamir Khan, who is known for his unique and outstanding performances, is filled with joy over the success of his movie 'Ghajini.' The superstar as of now is busy shooting for Rajkumar Hirani's "Three Idiots" at the Indian Institute of Management (IIM) campus in Bangalore and enjoying every bit of it.
By launching Internet Protocol Television (IPTV), Bharti Airtel has become the first private player to offer the service in the country.
The company will now offer triple play service - telephony, broadband and television over a single line to customers in the NCR and will be followed by eight leading metros. The service will also offer features such as real-time interactivity, where customers can order pizzas and book movie tickets on their TV, record programmes for seven days, rewind, forward, and Movie on Demand (MOD).
HCC, India's leading construction and infrastructure development Company, in joint venture with John Laing Investment Ltd and Sadbhav Engineering Ltd has bagged the prestigious order from National Highway Authority of India (NHAI) to construct the 96.5 km highway from Maharashtra-Madhya Pradesh Border to Dhule on NH-3 on BOT basis.
The joint venture, known as 'HCC-Laing-Sadbhav Consortium', has been awarded the project in the ratio of 37:36:27. The cost of the project is estimated at about Rs 1415 crore.
Smoking is on high on President-elect Barack Obama's list, or to be more specific quitting smoking is. Despite smoking becoming the un-hip thing to do, and no more advertisements or billboards seen on the subject, there are still 45 million smokers in the United States.
The Canadian Food Inspection Agency issued warnings against two types of pre-packaged sandwiches as they may be contaminated with Listeria monocytogenes. This would be the second time in less than four months that the Edmonton based sandwich producer has been forced to recall its products.