Reliance Infrastructure sells Mumbai power business to Adanis for Rs 18,800 cr

Reliance Infrastructure today signed an agreement to sell its Mumbai power business to Adani Transmission for a total consideration of Rs 18,800 crore. Reliance Infrastructure (RInfra) announced the signing of a Definitive Binding Agreement with Adani Transmission (ATL) for 100 per cent stake sale of its Mumbai power business, which includes integrated business of generation, transmission and distribution […]

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New Apple Operating System Coming Sept. 18

Business users may be waiting to get their hands on the iPhone 5c and iPhone 5s unveiled by Apple in a special announcement Tuesday. But before that, Apple iOS 7, the new operating system on which both new phones run, will be ready for download. The Apple iOS 7 operating system will be available next week […]

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Microsoft CEO Satya Nadella Received $18 Million in 2016 Pay

Microsoft CEO Satya Nadella Received $18 Million in 2016 Pay HIGHLIGHTS Nadella received about $5.66 million in salary and bonus He also got $12 million as stock award Satya Nadella took over as Microsoft CEO in 2014 Microsoft Corp. Chief Executive Officer Satya Nadella’s reported compensation fell 3.3 percent to $17.7 million (roughly Rs. 117 […]

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