Fresh India links have emerged with Firstland Holdings Limited, the mysterious privately held Mauritius-based investment vehicle that injected the first lot of Rs 325 crore into Deepak Kochhar's NuPower Renewables.

Sunil Mittal-led Bharti Infratel Ltd has agreed to merge with Indus Towers, in a deal that creates the world's second biggest telecom tower company with an equity value estimated at a staggering $14.6 billion.

The much awaited financial numbers from the third largest Indian IT giant, Wipro, have fallen short of analyst and market expectations, be it in terms of revenue growth or the margins.

The new round of bid will see larger bids since it will be the last chance to win the battle. In addition, the bids may go up the size of over Rs 35,000 crore, when Essar's loans stands at around Rs 45,000 crore. 

The Enforcement Directorate (ED) arrested one of Mumbai's biggest hawala operators on Tuesday in a Rs 2,253 crore fake import remittances case.