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India Drought 2015: Climate Change Biggest Threat India Economy, Modi Finance Aide Says

2015-11-02 16:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Business Times: Climate change is threatening to derail Indias fast-growing economy, a top aide to Prime Minister Narendra Modi said this week. Erratic monsoon rain patterns have left crops parched, jeopardizing Indias nearly $370 billion agricultural sector and hundreds of millions of jobs. The No. 1 risk we face is global climate change, because we are still very dependent on the monsoon, Jayant Sinha, the countrys junior finance minister and a Harvard Business School graduate, told Bloomberg News. The...

Tags: change finance aide india

 

RCom to acquire MTS India

2015-11-02 10:45:00| Telecompaper Headlines

(Telecompaper) Indian operator Reliance Communications (RCom) and Russia-based Sistema have signed definitive documents for the demerger of Sistema's Indian wireless business into RCom. Sistema Shyam Teleservices (SSTL) operates in India under the MTS brand. RCom will acquire around 9 million customers and INR 15 billion of annual revenues via this transaction.

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Consolidation in India as RCom buys Sistema Shyam

2015-11-02 01:00:00| Total Telecom industry news

Russia's Sistema will take a 10% stake in RCom following merger of assets.

Tags: india sistema consolidation buys

 

NTT Com to invest INR 10 bln in India

2015-11-01 13:33:00| Telecompaper Headlines

(Telecompaper) NTT Communications (NTT Com), the ICT services and international communications business within NTT, plans to invest around INR 10 billion in India over the next three years, NTT Com's CEO Tetsuya Shoji told ET. The company has applied for a national long-distance licence and is currently expanding its data business in India. NTT Com needs the long-distance licence to interconnect its data centres and client locations via optical fibre cables.

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'No pressure on India as result of China-US climate deal'

2015-10-31 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Economic Times: Denying there is any pressure on India ahead of next month's Paris Climate Change Conference as a result of the China-US climate deal, India today said its per-capita emissions are much lower than the top two polluters and its efforts in cutting pollution are widely appreciated. India will not reach the per-capita emission levels, China and the US have committed to achieve by 2020, Environment Minister Prakash Javadekar said after attending the 21st BASIC (Brazil, South Africa, India, China) countries...

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