The telecom industry’s move towards oligopoly will potentially impact telecom tower companies through factors like tenancy losses, a report said Tuesday. The number of telecom operators has now reduced to about...
IL&FS crisis may lead to consolidation in NBFC sector: Fitch
The debt crisis in IL&FS has adversely impacted growth of the NBFC sector in India and might lead to its consolidation, said a report by Fitch Ratings on shadow banking. Non-banking financial companies (NBFCs) are...
Lufthansa to be active in consolidation, no comment on Condor: CEO
Lufthansa will be an active player in consolidation among European airlines, Chief Executive Carsten Spohr said on Wednesday, declining to comment on whether the German airline group was interested in Thomas Cook’s...
Opinion | Telecom consolidation can end party for users
The consolidation in India’s telecom industry that witnessed the merger of Vodafone India and Idea Cellular shows no sign of abating. Reliance Communications, the original disruptor dating back to 2002, has finally...
CapitaLand leads Singapore REIT consolidation with $4.4 billion purchase from Temasek
Singapore’s CapitaLand (CATL.SI) is buying the owner of a clutch of real estate investment trusts from state investor Temasek [TEM.UL] for about $4.4 billion, a deal the developer said would create the largest...
After WealthTrust buyout, digital platform space may see more consolidation
The buyout of Mumbai-based mutual fund (MF) digital platform Wealth Trust, which recently got a lease of life after Orowealth acquired it, indicates more consolidation in the direct platform space. According to experts...
Consolidation in new-age businesses: What’s in store for stakeholders?
New-age industries have been gathering steam, and not just in sectors such as e-commerce. Terms like robotics, artificial intelligence (AI) and the Internet of Things (IoT) have entered the common lexicon, while...
Detroit casino hotel sold for $1 billion in gaming consolidation
An investment arm of Quicken Loans founder and billionaire Dan Gilbert said on Wednesday it agreed to sell the Greektown Casino-Hotel in Detroit to a real estate investment trust and a partner for $1 billion, in a sign...
Consolidation has come at a high price in India with $50 bn wiped off: Sunil Mittal
Bharti Airtel Chairman Sunil Mittal said the telecom industry is consolidating down to 2-to-3 operators the world over but the process hasn’t happened in an orderly way in India, and has come at a heavy price with a...
Consolidation in FM Radio Business – HT Media and Next Mediaworks Group
Consolidation is picking in the radio industry. In a move to take on other radio giants, the two separately listed entities HT Media Limited and Next Mediaworks Limited has decided to consolidate their operation. HT...
Real Estate in doldrums: Time for Consolidation
The real estate sector in the country is in the doldrums as the slump in the residential segment because of poor demand and high inventory shows no sign of improvement. Lakhs of home buyers have been left stranded after...
India’s small renewables firms fighting consolidation wave
Small to mid-sized renewable energy companies in India are starting to look like attractive takeover targets as lenders and investors withhold funds, worried by the stiff competition, weak bond markets, low tariffs and...