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Bitcoin used for Golden hands as Cryptocurrencies meet Mandela Art

Bitcoin used for Golden hands as Cryptocurrencies meet Mandela Art

It’s one of the more unusual deals in the art world. After more than a decade, an Alberta businessman has finally found a buyer for his prized collection of gold castings of Nelson Mandela’s hand. The final price? Ten million dollars -- in bitcoin.

Attempts by Malcolm Duncan, formerly of South Africa, to sell the hands back in 2007 were scuppered by controversy over provenance and a possible missing charitable donation.

Telecom industry revenue, license fee collection declines to FYQ3: Trai

Telecom industry revenue, license fee collection declines to FYQ3: Trai

Telecom regulator Trai on Monday said that "license fee" collected by it had declined from Rs 32.49 billion for the quarter ended September 2017 to Rs 31.04 billion for the quarter ended December 2017.

"The quarterly and the year-on-year growth rates of license fee are 4.46 per cent and 16.04 per cent respectively in this quarter," Trai said in the "Indian Telecom Services Performance Indicator Report" for the quarter ended December, 2017.

Essar Steel insolvency: ArcelorMittal moves NCLT over rejection of bid

Essar Steel insolvency: ArcelorMittal moves NCLT over rejection of bid

ArcelorMittal on Monday moved the Ahmedabad Bench of the National Company Law Tribunal (NCLT), challenging the decision to declare its bid ineligible and protect its “rights” in the face of the legal move by Numetal, the other bidder for Essar Steel.

Numetal had moved the NCLT on March 20, ahead of the meeting of the Committee of Creditors, to decide on the eligibility of the two bidders for Essar Steel. At the meeting, both ArcelorMittal and Numetal were found to be ineligible.

CIL s competitive edge under scanner over rising output cost, ageing mines

CIL s competitive edge under scanner over rising output cost, ageing mines

In the coming years, though government-owned Coal India is poised to maintain leadership in a liberalised regime for the commodity, the world’s largest coal miner is also threatened with losing its competitive edge, primarily for technical reasons.

An internal assessment by the company in formulating a vision for the year 2030 reveals the strip ratio across its major mines is increasing substantially, which would lead to increased production cost.

Rs 1,200 billion debt to weigh on Vodafone-Idea, may hit growth plans

Rs 1,200 billion debt to weigh on Vodafone-Idea, may hit growth plans

With a debt of Rs 1,200 billion, Vodafone and Idea will have to work harder together to turn profitable as the consolidating mobile telephony market in the country changes rapidly.

When the merger is completed, Vodafone-Idea would have the largest subscriber base, about 400 million. But it will also be the most indebted telecom company.

Public sector banks pay much higher audit fees than private banks

Public sector banks pay much higher audit fees than private banks

Audit fees public sector banks (PSBs) have paid are much higher than those shelled out by their private sector peers.

State Bank of India (SBI) and Bank of India paid over Rs 2.16 billion and Rs 896 million in 2016-17, while HDFC Bank and ICICI Bank forked out Rs 25.8 million and Rs 78.3 million, respectively.

E-way bill rollout from April 1; GSTR-3B to be filed till June

E-way bill rollout from April 1; GSTR-3B to be filed till June

NEW DELHI: The government has notified April 1 as the implementation date for the electronic way or e-way bill, which will be required for transporting goods valued over Rs 50,000 between states.

Besides, the Central Board of Excise and Customs (CBEC) has also notified the requirement of filing summary return GSTR-3B till June.

Nasa budget jumps $1.6 bn above White House request at $20.7 bn

Nasa budget jumps $1.6 bn above White House request at $20.7 bn

Nasa's will get $20.7 billion — $1.1 billion more than 2017 funding and $1.6 billion above the White House request — under a spending bill that cleared Congress this week and was signed by President Trump on Friday.

A big beneficiary will be the planned rocket to take astronauts into deep space and onto Mars, the Space Launch System (SLS), which will get $2.15 billion, and the Orion crew capsule, which will launch on top of the SLS, will get $1.35 billion, AL.com reported.

Virat Kohli to miss Afghanistan Test for County stint ahead of England tour

Virat Kohli to miss Afghanistan Test for County stint ahead of England tour

India captain Virat Kohli is all set to play County cricket in his bid to prepare for the upcoming Test series against England in August-September.

While it is yet to be ascertained which county Kohli will represent, it could be Surrey in all likelihood.

Anna Hazare hunger strike: No political party can join movement; updates

Anna Hazare hunger strike: No political party can join movement; updates

Anna Hazare is back in New Delhi's Ram Lila Maidan and is on an indefinite hunger strike against the Narendra Modi government, nearly seven years after his anti-corruption movement caught the imagination of millions of Indians and shook the then ruling Congress-led United Progressive Alliance (UPA) government.

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