BENGALURU: Ex-India captain Virat Kohli has invested Rs 40 crore in sports platform Agilitas Sports, co-founded by former Puma India MD Abhishek Ganguly. Agilitas is also acquiring One8, the sportswear brand co-created by Kohli, to fast-track its ambition of crafting India’s high-performance sportswear label.In April, Kohli ended his endorsement deal with Puma and has instead…
NEW DELHI: Telecom regulator Trai and the department of telecom (DoT) are at loggerheads over fixation of satcom spectrum charges for the companies and other critical matters at a time when satcom players, such as Elon Musk’s Starlink and Sunil Mittal’s Bharti group-backed Eutelsat OneWeb wait for regulatory clarity before beginning commercial services in India,…
Mumbai: Larsen & Toubro will transfer its real estate business to L&T Realty Properties, a wholly owned subsidiary of the company, for Rs 6,297 crore as part of a restructuring effort. The decision was made at the Monday board meeting held in Muscat, Oman. The real estate business generated revenue of Rs 641 crore during…
Elon Musk’s Starlink has set its Indian launch price at Rs 8,600 monthly, plus a Rs 34,000 hardware fee. This significantly exceeds current terrestrial broadband options like Airtel and Jio, which offer speeds up to 40MBPS for under Rs 500. Starlink promises unlimited data and 30-day trials, but service commencement hinges on government spectrum allocation….
New Delhi: After putting up consumer prices for its India satcom services on its website, Starlink withdrew them and blamed a “glitch” that briefly made “dummy test data” visible. “The Starlink India website is not live, service pricing for customers in India has not yet been announced, and we are not taking orders from customers…
MUMBAI: Monday marked a global first for Indian financial markets as NSE along with Care Ratings launched the country’s first Past Risk and Return Verification Agency (PaRRVA), an independent entity that will validate performance claims in the securities markets. This agency will make it harder for unregistered finfluencers to hoodwink investors into falling for their…
Moody’s Flags Fin Impact | Analysts Divided On Stock Path MUMBAI: The stock price of InterGlobe Aviation, the company that runs IndiGo, slid another 8.3% on Monday as government is seen to be taking a tough stance amid the airline’s flight operations crisis.The crisis has left IndiGo’s investors poorer by a little over Rs 37,700…
Lucknow: A 35-year-old engineer was brutally murdered by his 46-year-old live-in partner and her two daughters—aged 17 and 14—in Lucknow’s Green City area under BBD police station. The accused woman, along with her two daughters, allegedly slit the throat of her partner, following a heated argument over his “inappropriate intentions” towards her elder daughter, according…
Lucknow: A 45-year-old man narrowly escaped a fatal neck injury but suffered a severe cut to his left hand after becoming entangled in the banned Chinese manjha (kite string) while riding his motorcycle.Mohit Kumar Shukla, a resident of Balaganj, works as a salesman and is the sole earning member of his family, which includes his…
Lucknow: The police on Monday arrested a drug trafficker who allegedly headed an interstate–international drug supply network operating across Prayagraj, Kaushambi, Lucknow and extending into Nepal and Bangladesh. The accused, Pankaj Tripathi, carried a Rs 50,000 reward for his arrest. A resident of Kaushambi and the suspected ringmaster of the network, Tripathi was shot in…
