Reliance Communications (RCOM) has received 99.99 per cent shareholders approval for merger of its wireless business with Aircel, a company statement said here on Monday.

"The shareholders of Reliance Communications at their meeting convened pursuant to the order of the National Company Law Tribunal (NCLT), have on Monday approved with 99.99 per cent majority for the Scheme of Arrangement for demerger of the wireless division of the company and Reliance Telecom Limited (RTL), a wholly-owned subsidiary of the company, into Aircel Limited and Dishnet Wireless Limited (the Scheme)," the company statement said.

The canteen stores department(CSD), the retailing platform for India's defence forces suspended the sale of Baba Ramdev's Patanjali Ayurved's amla juice after receiving a negative state laboratory test report about the product. In a letter dated April 3, 2017, the CSD asked all depots to make debit notes for their existing stock so that the Amla Juice can be sent back to Patanjali.

Amla Juice was one of Patanjali's first consumer launches which helped the company establish its credentials in the consumer business segment. As per reports, a batch of juice tested at the lab in Kolkata was declared unfit for consumption. Patanjali has therefore withdrawn amla juice from all army canteens.

To counter threat from Reliance Jio, state-run telecom firm Bharat Sanchar Nigam Limited (BSNL), is the latest to join the bandwagon after Idea Cellular and Bharti Airtel as it has announced three new schemes ranging from Rs 333 to Rs 395.

Here are the three new offers — Triple Ace, Dil Khol Ke Bol and Nehle per Dehla that have been launched for existing pre-paid users.

Bharti Airtel has topped among India's telecom service providers in the 4G LTE download speed, while new entrant and challenger Reliance Jio stands a distant fourth, according to a recent report by wireless coverage mapping firm OpenSignal. Compared with Airtel's average 4G speed of 11.5 Megabits per seconds (Mbps), Jio clocked a speed of 3.92 Mbps -- less than Bharti Airtel’s average 3G internet speed of 4.77 Mbps.

L&T Technology Services has taken a leaf out of General Electrics playbook to build a software platform that offers internet of things (IoT) services to its global engineering and manufacturing customers. It also expects the platform-offering service to be a differentiator with rivals as it aims for a $1 billion revenue in the next four years.

The engineering services arm of Larsen & Toubro has used assets of its parent to connect over 4,000 sensors of machines and construction equipment of diverse manufacturers, analyse the data on a software platform to predict performance and efficiency, besides the life of a machine.

Capital markets regulator Sebi will soon put in place stricter norms to check any flow of black money into stock market though controversy-ridden P-Notes and also initiate steps for allowing mutual fund investments through e-wallets.

Besides, Sebi will consider this week new norms for allowing options trading in commodity derivative market, while rules would be relaxed for registration of foreign investors and for common license to brokers to deal in equities and commodities, sources said.

The BJP could be headed for a landslide victory in the Delhi municipal polls with two exit polls predicting the party finishing way ahead of the AAP and the Congress with over 200 of the 270 wards where polling was held today.

Going by the projected figures, the AAP could well be staring at a rout on its home turf, barely two years into its rise to power bagging a staggering 67 of the 70 Assembly seats, while the Congress' attempt to regain ground may come a cropper.

The US has accused top Indian IT firms TCS and Infosys of unfairly cornering the lion's share of H-1B visas by putting extra tickets in the lottery system, which the Trump administration wants to replace with a more merit-based immigration policy.

At a White House briefing last week, an official in the Trump administration said a small number of giant outsourcing firms flood the system with applications which naturally ups their chances of success in the lottery draw.

New Delhi: Prime Minister Narendra Modi’s government is seeking to step up the pace of auctioning power-purchase contracts for wind-energy plants, building on a contest that reaped record-low prices for solar farms earlier this month.

The government plans to offer deals covering almost 4 gigawatts of wind capacity in the current fiscal year ending March 2018 in addition to 750 megawatts of solar capacity it will tender next month, Ashvini Kumar, managing director at Solar Energy Corp. of India, the country’s implementing agency for renewable targets, told reporters in New Delhi.

Microsoft India today said it has enhanced all types of paternal leave benefits and introduced a new family caregiver leave — which entails four weeks of paid leave to take care of an immediate family member. From April 21, Microsoft India has enhanced all types of paternal leave benefits such as paternity, adoption, and surrogacy. Besides, the company has introduced a new family caregiver leave benefit, which includes four weeks of paid leave to take care of an immediate family member with a serious health condition.

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