Govt won't go for lockdowns in big way: Sitharaman

Amid surging coronavirus cases in India, finance minister Nirmala Sitharaman made it clear that the government would not go for lockdowns in a big way and only resort to local containment. In a virtual meeting with World Bank Group President...

Tata Sons exits BPM biz, offloads Conneqt stake

Tata Sons has sold its remaining 30% in the business process management (BPM) unit Conneqt to Quess Corp - majority owned by Indian-Canadian businessman Prem Watsa - for £20.8 million.

As part of pre-Budget deliberations, India's finance minister Nirmala Sitharaman held a meeting with state FMs, who suggested steps to revive growth and boost revenue collection against the backdrop of the Covid crisis. 

The government will look to bridge the yawning fiscal deficit through sale of spectrum that begins from March1. The sale of airwaves, a total of 2,251MHz, is being seen as crucial for the exchequer even though struggling telecom companies such...

to the free, weekly Asian Voice email newsletter