New Delhi / Bloomberg Bharti Airtel Ltd., India’s largest wireless operator, said it will buy airwaves from Aircel Ltd. taking its spectrum acquisitions this year to $1.2 billion as it prepares to counter Reliance Industries Ltd. that’s starting fourth-generation wireless services this year. The company controlled by billionaire Chairman Sunil Mittal will spend $524 million to purchase airwaves from Aircel ...

New Delhi / Bloomberg Prime Minister Narendra Modi is starting to see some success in getting infrastructure projects moving again. About a third of more than 1,000 projects valued at 14 trillion rupees ($210 billion) are delayed as of January, down from 42 percent a year earlier, according to government data released on Thursday. Cost overruns have come down from ...

Madrid / Reuters Spain plans to ask the European Commission for an extra year to meet its public deficit targets, El Pais reported on Sunday, after missing the mark with its 2015 deficit and raising the prospect of further spending cuts to narrow the budget gap. The country last month reported a 2015 deficit of 5 percent of economic output, ...