Reliance Communications is selling Reliance Infratel, its telecom tower arm, to GTL Infrastructure, a standalone telecom tower operator. The enterprise value of GTL Infra after the merger will be Rs 50,000 crore. Post transaction, GTL will have over 80,000 towers and will be the largest independent telecom tower operator in the world.

Frank Lampard’s ‘goal’ against Germany in their World Cup last 16 match on Sunday may have been mistakenly ruled as not having crossed the line, but England’s bookmakers have decided to pay out on it in any case.

Britain’s deputy prime minister Nick Clegg is facing growing unpopularity within his party and amongst supporters over Budget increase in value-added tax to 20 per cent.
The Liberal Democrat party, which is the junior partner in the coalition government with the Tories, saw unprecedented highs in support during the election campaign. H

The new British coalition government has been forced to water down its flagship plan to cap immigration following a revolt in the Cabinet, a media report said on Sunday. Under the terms of the temporary cap, just 24,100 workers from outside the EU will be let into the country between now and April 2011.

A farmer’s field near an ancient Roman villa excavated in Buckinghamshire has yielded a long-buried secret — it was a graveyard for prostitutes’ babies slaughtered by the Romans.

US General Stanley McChrystal issued a highly critical assessment of the war in Afghanistan just days before he was sacked by President Barack Obama, a British newspaper reported on Sunday.

French Open champion Rafael Nadal narrowly avoided an embarrassing exit at Wimbledon as he dug deep to beat Germany’s Philipp Petzschner 6-4, 4-6, 6-7 (5/7), 6-2, 6-3 in the third round on Saturday.

The wood once held up London Bridge, but when that came down, it was turned into a delicate table.

Spy master James Bond’s souped-up car with ejector seats, machine guns and other gadgetry emitted an “unhealthy” rumble and broke down at a public display here, dismaying onlookers who had come for a glimpse of the fabled car.

Russian former Wimbledon champion Maria Sharapova was made to work as she downed Barbora Zahlavova Strycova in straight sets to reach the fourth round on Saturday.