Tepid response likely for spectrum auction, even Reliance Jio not in a hurry to acquire more frequencies

Tepid response likely for spectrum auction, even Reliance Jio not in a hurry to acquire more frequencies

The next round of spectrum auctions is set to witness a lukewarm response from telecom companies, potentially denting the government’s non-tax revenue for the fiscal.

Pratt & Whitney engine woes: Another brand new Indigo Airbus A320 Neo aircraft grounded
Pratt & Whitney engine woes: Another brand new Indigo Airbus A320 Neo aircraft grounded

The flight was inducted for regular commercial operation in the first week of this month. On August 10, after operating from Indore to Bengaluru (flight no 6E708), it was grounded. Reportedly an oil/magnetic chip was found in the engine.

Kerala's waterways on the front burner again: This Rs 2300 cr project could take over 100 trucks off state’s roads
Kerala's waterways on the front burner again: This Rs 2300 cr project could take over 100 trucks off state’s roads

Kerala has had a rethink on its inland waterways project which it had been soft-pedalling so far, given the views of planners like E Sreedharan that it could cost a humongous Rs 10,000 crore.

Airfares don't rise despite passenger traffic increase of 17% in the last year
Airfares don't rise despite passenger traffic increase of 17% in the last year

Although passenger traffic has seen a fairly big increase over the past year — up by about 17% —, the keen competition in the sector together with a 15% additional capacity created has prevented airlines from raising fares.

With a slew of releases like Sanju, Baaghi 2, Fox Star Studios gain market share, while Viacom18 has given up some
With a slew of releases like Sanju, Baaghi 2, Fox Star Studios gain market share, while Viacom18 has given up some

A slew of releases in the past three years — from Neerja, Judwaa 2, Baaghi 2, Jolly LLB 2 to the recently released Sanju — has helped Fox Star Studios gain market share in the film production business.

GST implementation an example of tax terrorism, says P Chidambaram
GST implementation an example of tax terrorism, says P Chidambaram

Former Union Finance Minister P. Chidambaram on Sunday attacked the Modi government on the falling value of rupee and said the manner of implementation of the GST is an example of tax terrorism.

Vijay Mallya case: ED to appeal against PMLA tribunal order de-freezing select assets
Vijay Mallya case: ED to appeal against PMLA tribunal order de-freezing select assets

The Enforcement Directorate (ED) today said it will appeal against a recent order of a PMLA tribunal, asking the agency to release a "miniscule" amount of assets it had attached in connection with a multi-crore-rupee bank loan fraud probe related to the Kingfisher Airlines and its promoter Vijay Mallya.

AUTOMOBILES

Mahindra owned Peugeot launches three-wheeled scooter in China: Does India deserve this?
Mahindra owned Peugeot launches three-wheeled scooter in China: Does India deserve this?

Peugeot Metropolis launch will be highly unlikely in India but with the recently launched Suzuki Burgman Street, the trend of maxi and touring scooters may flourish here in the years to come. In such a case, Mahindra may consider launching the Metropolis in its home market.

Horoscope: By Peter Vidal

Today ( 20 Aug )This Week ( 19 Aug - 25 Aug )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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