New Delhi, Dec 21 (PTI) Following are the top business
New Delhi, Dec 21 (PTI) Following are the top business stories at 1900 hours today:
DEL39 BIZ-TELECOM-LD GOVT
New Delhi, Dec 21 (PTI) Unfazed by the acquittal of all accused in the 2G allocation case, the government today asserted that the process used by the previous UPA regime to allocate lucrative spectrum was "faulty" and "dipped" in "corruption".
New Delhi, Dec 21 (PTI) Former telecom minister A Raja, who was at the centre of the allegations in Indias biggest graft case, today said a trial court acquitting him of all charges proved that the presumptive loss in allocation of 2G spectrum was "cooked-up".
DCM56 BIZ-STOCKS-LD 2G
New Delhi, Dec 21 (PTI) Shares of companies linked to the 2G spectrum allocation case surged up to 20 per cent today after a special court acquitted all the accused.
New Delhi, Dec 21 (PTI) HDFC Ltd today announced sale of its subsidiaries HDFC Realty and HDFC Developers to Quikr India in an all stock deal that will give the financial services conglomerate a stake in the online classified platform now valued at over Rs 10,000 crore.
DEL49 LSQ-AVI-AIR INDIA
New Delhi, Dec 21 (PTI) Air Indias operational profit rose to Rs 215 crore and net losses narrowed to Rs 3,643 crore in 2016-17, according to the government.
New Delhi, Dec 21 (PTI) Reliance Infrastructure today signed an agreement to sell its Mumbai power business to Adani Transmission for a total consideration of Rs 18,800 crore.
DEL35 BIZ-LD STOCKS
Mumbai, Dec 21 (PTI) It turned out to be a cautious play for stocks today as investors decided to wait for the next big trigger ahead of the upcoming long weekend. PTI ABM