Skip to content
Search

Latest Stories

India's RCom Sells £ 221.63 million Worth Assets to Reliance Jio

India’s Reliance Jio Infocomm Ltd has completed the purchase process of Media Convergence Nodes (MCNs) and related infrastructure equipment worth 221.63 million pounds from Reliance Communications Ltd (RCom) on Thursday (23).

RCom said that it has transferred 248 MCNs covering about 5 mn square feet area used for hosting the telecommunication infrastructure to Reliance Jio.


In May this year, RCom had informed that it expected to sell media assets worth 2.01 billion pounds to Reliance Jio and Canada’s Brookfield (BAMa.TO) after the bankruptcy petition court halted insolvency proceedings against the cash crisis hit RCom.

More For You

Protesters rally against China's planned mega-embassy in London

A protestor is detained by the police during a demonstration against the proposed site of the new Chinese Embassy, outside Royal Mint Court, in London. REUTERS/Carlos Jasso

Protesters rally against China's planned mega-embassy in London

HUNDREDS of demonstrators protested at a site earmarked for Beijing's controversial new embassy in London over human rights and security concerns.

The new embassy -- if approved by the UK government -- would be the "biggest Chinese embassy in Europe", one lawmaker said earlier.

Keep ReadingShow less
Indian man arrested in US for alleged sexual assault

Singh is charged with “assault with sexual motivation” (Photo for representation: iStock)

Indian man arrested in US for alleged sexual assault

AN INDIAN national is among four persons arrested by US immigration authorities over charges related to sexual assault.

Jaspal Singh, 29, an Indian citizen was arrested on January 29 in Tukwila, Washington.

Keep ReadingShow less
Starmer sacks minister over WhatsApp messages

Andrew Gwynne (Photo: UK parliament)

Starmer sacks minister over WhatsApp messages

A Labour party lawmaker said he regretted "badly misjudged" comments after prime minister Keir Starmer sacked him as a minister.

It is the latest bump in the road Starmer's government has hit in its first seven months in power despite a landslide election victory in July last year.

Keep ReadingShow less
modi-bjp-reuters

BJP supporters celebrate in New Delhi. (Photo: Reuters)

Modi's BJP wins Delhi assembly election after 27 years

INDIAN prime minister Narendra Modi said on Saturday that "development had won" as his Bharatiya Janata Party (BJP) secured victory in Delhi’s local elections, ending a 27-year gap since it last controlled the capital’s legislature.

"Development has won, good governance has won," Modi said after Delhi’s former chief minister, a key opposition leader, conceded defeat.

Keep ReadingShow less