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Airtel acquires Tikona’s 4G business for Rs1,600 crore - Rajesh Kurup, Business Line
The ongoing consolidation in the telecom space has forced Tikona Digital Networks to sell its 4G spectrum to Airtel seven years after acquring it. Though both companies declined to share the financial details, investment banking sources pegged the deal at around Rs 1,600 crore.
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After SBI, 4 other govt banks asked to weigh acquisition of smaller peers - Business Standard
Reliance Jio impact: Telecom sector set to see Rs 17,000 cr revenue disappear - Financial Express
90% Reliance Jio users opted for Prime, most ready to continue: BofAML - Economic Times
RBI initiates PCA against Bank of Maharashtra as bad loans mount - Mint
PSU banks fare poorly on service levels - Times of India
GST may raise price of flats nearing completion - Prabhakar Sinha, Times of India
Aadhaar must for bank accounts - Hindu
Airtel, Vodafone and Idea reject Jio's charge, say Mukesh Ambani's company misrepresented reality - Gulveen Aulakh, Economic Times
Amazon to buy Whole Foods for $13.7 bn, wielding online might in brick-and-mortar world - Firstpost
Government plans to clear FDI proposals in 8-10 weeks - Economic Times
Firm action on NPA soon: FM - Pioneer
Govt close to resolution on stressed power projects: Goyal - Business Standrad
RBI finalising list of defaulters: Jaitley - Financial Express
Jaitley: 81 NPA cases flagged for bankruptcy - Business Line
Retail inflation dips to record low, index of industrial production crawls - Times of India
Record low inflation adds pressure on RBI to cut interest rates - Jacqueline Thorpe, Mint
Reliance Jio says incumbent telcos to be blamed for debt woes - Kiran Rathee, Business Standrad
Jaitley on farm loan waiver: States should generate funds from own resources - India Today
GST Council gives slew of concessions, lower tax rates for 66 items, relief for job workers - Financial Express
British pound falls after UK election shock, dollar gains - Financial Express
Govt may approve one more PSU bank consolidation by March - Times of India
Fair trade regulator CCI rejects Airtel's complaint against Reliance Jio - Times of India
RBI Governor Urjit Patel to appear before parliamentary panel on July 6 - Economic Times
SBI cuts rates on home loans over Rs 75 lakh - Business Line
Sensex, Nifty remain under pressure; Infosys drags IT index 1% - MoneyControl
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This is a proxy war and proxy war is a dirty war. It is played in a dirty way. The rules of engagements are there when the adversary comes face-to-face and fights with you. It is a dirty war.... That is where innovation comes in. You fight a dirty war with innovations. People are throwing stones at us, people are throwing petrol bombs at us. If my men ask me what do we do, should I say, just wait and die? I will come with a nice coffin with a national flag and I will send your bodies home with honour. Is it what I am supposed to tell them as chief? I have to maintain the morale of my troops who are operating there.In fact, I wish these people, instead of throwing stones at us, were firing weapons at us. Then I would have been happy. Then I could do what I (want to do).
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