India's biggest spectrum auction for 72 GHz (gigahertz) of 5G airwaves worth Rs 4.3 lakh crore has started today. Billionaire Mukesh Ambani's Reliance Jio, Sunil Mittal-led Bharti Airtel, Vodafone Idea and a unit of Gautam Adani's Adani Enterprises are in the race to bid for 5G spectrum.
The Central Board of Secondary Education (CBSE) on Friday declared the results for classes 10 and 12. 94 per cent students cleared the 10th exam and 92.71 per cent students have cleared the class 12 exams, the board said.
India is facing its worst power crisis in over six years in the middle of a heat wave driving the use of air-conditioning and coolers and causing widespread power outages.
Billionaire Gautam Adani's conglomerate plans to buy Switzerland-based Holcim AG's cement businesses in India for $10.5 billion (around Rs 81,361 crore). This will be the largest-ever acquisition. Under the deal, Holcim will sell its 63 per cent stake in Ambuja Cements to Adani Group. Adani will also inherit Ambuja's controlling stake in another publicly traded cement producer, ACC, and buy Holcim's direct 4.5 per cent holding in the unit.
A two-day nationwide strike, starting Monday, has been called for by a joint forum of central trade unions to protest against central government policies. The All India Bank Employees Association has announced its support to the strike.