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According to the EGM notice, Bharti Airtel will spend Rs 88,000 crore in business with mobile tower company Indus Towers, Rs 15,000 crore for availing services of datacentre firm Nxtra and transaction of up to Rs 14,000 crore with Bharti Hexacom.

Many local companies withheld a lower tax of 5% while remitting the dividend to these foreign shareholders. The practice, questioned by the Income Tax department, was upheld by the Delhi High Court.

"It is a proud moment for us as an Indian company is soon going to list on Nasdaq with a valuation of $1.7 billion," Malhotra told ET. "We have raised ₹3,000 crore (approx. $400 million), which will be used to help fund significant investments in technology, increase our capacity, hire additional talent, expand newer business segments such as gaming and content creation, and pursue acquisitions."

The deal is at an advanced stage and is likely to be concluded in the coming weeks, as the salt-to-steel conglomerate looks to pare debt and strengthen its balance sheet ahead of a planned public issue of the alternate energy unit.

ToT Project Bundle 6 includes 4 Lane Agra Bypass of 32.8 km and 4 Lane Shivpuri Jhansi of 75.3 Km. ToT Project Bundle 7 consists of 135-km long Eastern Peripheral Expressway of NCR and Bundle 8 consists of 139-km Borkhedi-Wadner-Deodhari-Kelapur- Maharashtra/Telangana Border of NH-7.

Government-owned India Infrastructure Finance Company (IIFCL) on Sunday said it has forayed into the long-term infrastructure bond market by subscribing to a non-convertible debt issued by Virescent Renewable Energy Trust an infrastructure investment trust (InvIT).

PB Fintech, TII, Union Bank, TVS Motors, Minda Industries, GSK Pharma, Sundaram Finance, KPR Mills, Nalco, Indian Bank and Phoenix Mills are among the companies that will announce their December quarter results today.

Asian share markets mostly eased on Monday after stunningly strong U.S. jobs data soothed concerns about the global economy but also added to the risk of an aggressive tightening by the Federal Reserve. Geopolitics also remained a worry as the White House warned Russia could invade Ukraine any day and French President Emmanuel Macron prepared for a trip to Moscow.

Two years after the pandemic sent the global economy into a deep but short recession, central bankers are withdrawing their emergency support -- and they’re moving faster than they or most investors had foreseen.

ESG has put many proponents and naysayers at loggerheads.