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Monthly News January 2015

UN chief appoints Saraswathy Menon in pe...

UN chief appoints Saraswathy Menon in peace-building panel

United Nations Secretary-General Ban Ki-moon has appointed Indian sociologist Saraswathi Menon to a panel that will review peace building activities. Ms. Menon, a former lecturer at Madras University, has extensive experience in women’s and development issue. She has been the director of the... read more »

Japan not to give up on hostages issue

Japan not to give up on hostages issue

Japan promised Saturday not to give up “until the very end” on efforts to rescue two Japanese hostages threatened with beheading by Islamic militants demanding a $200 million ransom, after a deadline passed with no word from the captors. Militants affiliated with the Islamic State group posted... read more »

Bhupathi out of mixed doubles in Austral...

Bhupathi out of mixed doubles in Australian Open

Mahesh Bhupathi went out of the mixed doubles competition following a first-round loss, even as India’s junior tennis players began their campaign on a positive note in the Australian Open on Saturday. Bhupathi and his Australian partner Jarmila Gajdosova frittered away early advantage to lose... read more »

Race for BCCI president gathers pace

Race for BCCI president gathers pace

The race for the post of president of the Board of Control for Cricket in India (BCCI) has begun to gather pace with opposition growing to a possible bid from N. Srinivasan, who had stepped aside, to hang on to the position. The Supreme Court’s judgment on Thursday has put a question mark on... read more »

Telecom major Bharti Airtel on Thursday announced it has acquired 100 per cent stake in Wireless Business Services (WBSPL), a company founded by U.S. chipmaker Qualcomm. The company had acquired a 49 per cent stake in WBSPL in May 2012 for $165 million. At that price, the additional stake purchase would have cost Airtel an estimated $165 million, or Rs. 1,008.1 crore at Friday’s exchange rate. However, the company did not disclose the financial details of the deal. In a statement, Airtel said that it has “completed the acquisition of 100 per cent equity shares of Wireless Business Services Private Limited, which holds BWA Spectrum in the Indian telecom circles of Mumbai, Delhi, Haryana and Kerala”. Airtel acquired a majority stake in WBSPL in July by increasing its stake to 51 per cent from 49 per cent. WBSPL has spectrum that can be used for high-speed 4G services in New Delhi, Mumbai, Haryana and Kerala. Airtel has the similar spectrum in Punjab, Maharashtra, Kolkata and Karnataka. Airtel has already launched 4G services in Bangalore, Pune, Kolkata, Chandigarh, Mohali and Panchkula. Shares of Airtel were trading at Rs. 353.80, up by 1.46 per cent, in the afternoon session at BSE.

Airtel services hit in Hyderabad

Cell phones of mobile telephony major, Airtel, in Hyderabad went silent since 6 a.m. on Saturday morning with what was termed a systemic failure of its network. Till around noon, the... read more »

AAP ‘B Team’ of BJP: Digvijay

Aam Aadmi Party is the ‘B Team’ of the Bharatiya Janata Party and the Congress had “chosen a lesser evil” by supporting Arvind Kejriwal in forming the government in Delhi in 2013,... read more »

Obama cancels Agra leg of visit

The U.S. President, who will be the chief guest at the Republic Day celebrations, was scheduled to visit the Taj Mahal with his wife, Michelle, on January 27. U.S. President Barack Obama... read more »

Indonesia Search Team to Float AirAsia Fuselage

JAKARTA: Indonesian salvage teams launched today an operation to raise the fuselage of AirAsia Flight 8501 from the sea bed as they recovered four more bodies from the wreckage of the... read more »

Japan Awaits Hostages’ Fate After Islamic State Deadline Passes

Japan’s government and public await the fate of two Japanese captives threatened with execution, 24 hours after the passing of a deadline on Islamic State’s demand for a $200 million ransom. The... read more »