Reliance conducting due diligence on Aircel, may make offer for stake

	Dated:July 13,2011

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Top Headlines Reliance conducting due diligence on Aircel, may make offer for stake Aircel has close to 60 million customers and 2G spectrum licenses to operate in 22 circles across India. It has a total debt of close to Rs 17,000 cr. Infosys to hire 12,000 people in Q2, 45,000 in FY12 With the improving business sentiment and revival in IT spends, IT firms are stepping up hiring to meet demand for their services. Boeing 787 Dreamliner lands at IGI airport for first time While AI has ordered 27 of these planes, Jet Airways has placed orders for ten. The aircraft would enable them to mount direct non-stop flights to Australia. Most Read Story India's second-largest software exporter Infosys no longer leads the Indian IT sector Infosys' dismal first-quarter performance is a reaffirmation that it no longer represents the broader trends in Indian IT sector. Most E-mailed Story Hit by slow credit offtake and thin margins, banks will outsource 50% ATMs by 2015 Banks, which hold the ATM licence, will be only responsible for the cash and its clearing and settlement. Most Commented Story Public servants may have to compensate for losses incurred on account of actions GoM explores bringing private sector utility services providers and NGOs in the ambit of the Prevention of Corruption Act, 1988. Latest Updates Time to get real: next liquidity crisis is here Shunglu panel on discoms to submit report soon NIIT Tech signs $85 mn JV pact with Morris Comm Indonesia considering rice imports from India, Pak