Govt earns £15 bn from 5G spectrum auctions

The 5G spectrum auctions came to a close on Monday after seven days. It fetched a record £15 billion for the exchequer as the government now prepares to launch the high-speed telecom services from October this year across metros and top cities.

Govt begins privatization of Alliance Air, other ex-AI subsidiaries

After Air India, the government has now begun work on privatising its erstwhile subsidiaries - regional carrier Alliance Air Aviation, AI Engineering Services and AI Airport Services.

After Reliance Retail scrapped its plans to buy assets of Big Bazaar parent Future Retail (FRL) for £2.47 billion, in a big blow to US e-tailer Amazon, India’s National Company Law Tribunal (NCLT) has now allowed the initiation of insolvency...

Reliance Industries (RIL) reported a 41% rise in quarterly profit, helped by higher price realisations from its oil-to-chemicals (O2C), digital services...

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