Bharti Airtel, Jio conclude spectrum trading pact

New Delhi

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Airtel on Friday said it has inked pact with Reliance Jio to transfer the ‘Right to Use’ of its 800 MHz spectrum in three circles to Jio and got Rs 1,004.8 crore from Jio for the deal. PTI

New Delhi

Adi Godrej to step down as Godrej Industries’ chairman

Veteran industrialist Adi Godrej will step down as chairman and from the Board of directors of Godrej Industries on October 1. His younger brother Nadir Godrej will be new CMD, the company said. PTI

New Delhi

Exports rise 49.85% in July to $35.43 bn

Exports rose 49.85% to $35.43 billion in July on account of healthy growth in petroleum, engineering and gems and jewellery. The trade deficit widened to $10.97 billion. PTI