Airtel Takes on Jio Phone With Karbonn A1 Indian, A41 Power Smartphones: Price, Offer Details

Jio Phone is effectively free, while the new Airtel phones’ effective price starts at Rs. 1,799 HIGHLIGHTS The new Karbonn phones will compete against Jio Phone Karbonn A1 Indian comes at an ‘effective price’ of Rs. 1,799 Karbonn A41 Power at an ‘effective price’ of Rs. 1,849 Jio Phone is a looming threat for both phone makers and telecom operators, despite its pre-booking sale opening only once since it was unveiled in July. It came as no surprise to anyone that to counter Jio Phone, Airtel partnered with Karbonn and then Celkon to subsidise the…

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Whitefish Energy: Power company halts Puerto Rico work

An energy firm is halting work restoring power in hurricane-ravaged Puerto Rico in a dispute over pay. Whitefish Energy says payments have been delayed from Puerto Rico’s bankrupt power authority. The power authority, known was Prepa, says it is reviewing invoices and has stopped payments after receiving a complaint from a subcontractor. Whitefish Energy has been at the centre of a contracting controversy that reached the Trump administration. Puerto Rico’s hard road to recovery after Hurricane Maria Whitefish energy grid deal to be scrapped The company said in a statement…

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Bank at the center of US inquiry projects Russian ‘soft power’

  Grigory Dukor | Reuters Sergei Gorkov, Chairman of State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)”, speaks with participants during the St. Petersburg International Economic Forum (SPIEF), Russia, June 2, 2017. It has offices in a sleek Manhattan skyscraper. Its bonds are accessible to millions of American investors. And it holds ties to some of New York’s biggest banks. Despite this presence on Wall Street, detailed in previously unreported financial records, Vnesheconombank, or VEB, is no normal bank. It is wholly owned by the Russian state. It…

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