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Bharti Airtel raises stake in Airtel Africa to 79% in ₹28,000-cr deal

Bharti Airtel raises stake in Airtel Africa to 79% in ₹28,000-cr deal

Bharti Airtel has raised its stake in Airtel Africa by 16.31 per cent to about 79 per cent through a share-swap agreement, which is estimated to be around ₹28,200 crore, according to a company filing on Tuesday.

Before the transaction, Bharti Airtel held 62.73 per cent in Airtel Africa.

PM Modi must stop appeasing Trump; India must not sign trade pact: Congress

PM Modi must stop appeasing Trump; India must not sign trade pact: Congress

With US Trade Representative Jamieson Greer visiting India, the Congress on Tuesday said Prime Minister Narendra Modi must stop appeasing his "good friend" President Donald Trump and there is absolutely no need for India to be "bamboozled" into signing any trade pact which at present is heavily against its interests.

Union Minister George Kurian resigns after his Rajya Sabha term ends

Union Minister George Kurian resigns after his Rajya Sabha term ends

Union Minister of State for Minority Affairs George Kurian has resigned from the council of ministers after his Rajya Sabha term came to an end.

The BJP had decided not to renominate him in the recent Rajya Sabha polls.

President Droupadi Murmu has accepted his resignation, the Rashtrapati Bhavan said on Tuesday.

Large, marquee IPOs do not guarantee an instant jackpot for investors

Large, marquee IPOs do not guarantee an instant jackpot for investors

Large-sized initial public offers (IPOs) of well-known companies do not always deliver quick gains to investors, as many marquee listings have not generated immediate returns, data shows.

For an IPO to be successful in terms of subscription and listing gains, analysts suggest, the issue has to be attractively priced for investors to participate and make money.

Telegram services restored after Neet-related curbs, returns to app stores

Telegram services restored after Neet-related curbs, returns to app stores

The temporary curbs on Telegram’s messaging services were lifted on Tuesday after a nationwide block was imposed until June 22 in connection with the Neet-UG re-examination.

The Telegram app is now available for installation through app stores. However, the editing feature on the platform will remain unavailable until June 30.

Govt to share rocket technology to hasten development of local space firms

Govt to share rocket technology to hasten development of local space firms

India said it plans to share its technology involving the Polar Satellite Launch Vehicle, the country’s most reliable rocket, to help speed up development of the local space industry.

“We have released an expression of interest to transfer the technology of the PSLV rocket to the private sector,” Pawan Goenka, chairman of Indian National Space promotion and Authorization Centre, said in a recent interview.

Bengal BJP govt's first budget promises 100k jobs, DA hike for employees

Bengal BJP govt's first budget promises 100k jobs, DA hike for employees

The BJP government in West Bengal on Monday presented its maiden budget, announcing the filling of 100,000 government vacancies, a 20 percentage point hike in DA for its employees, and a ₹36,000-crore outlay for the financial assistance scheme for women, Annapurna Yojana.

Finance Minister Swapan Dasgupta said his government has inherited a debt burden of ₹8.15 trillion from the previous administration.

Starmer announces resignation as UK PM, successor to take over by September

Starmer announces resignation as UK PM, successor to take over by September

UK Prime Minister Keir Starmer has announced that he will step down, saying a successor should be in place by September, following dissent within the governing Labour Party.

He also said that he was resigning from his role as the leader of the Labour Party.

China opens domestic stock markets to qualified foreign firms for listing

China opens domestic stock markets to qualified foreign firms for listing

China will support qualified foreign-funded companies seeking to list on domestic stock exchanges under a new action plan unveiled on Monday to strengthen foreign investment, the Chinese government said.

The plan was jointly issued by the Ministry of Commerce, the National Development and Reform Commission, and the Ministry of Finance.

India's fragmented water governance raises fiscal, credit risks: Moody's

India's fragmented water governance raises fiscal, credit risks: Moody's

India's fragmented water governance structure, highly subsidised pricing and slow reallocation among sectors can result in water shortage and higher risk of sustained fiscal pressure, Moody's Ratings said on Monday.

In a report, Moody's said allocation frameworks, which govern how water supply is prioritised, priced and distributed across households, industry and agriculture.

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