American retail major Walmart is learnt to be exploring ways to tie up with leading e-commerce companies in India, including Flipkart, Snapdeal, ShopClues, Grofers and Bigbasket, to tap the growing online retail...
Reliance Jio can acquire 80 mn 4G users in 2 years: CLSA
KOLKATA: Reliance Jio Infocomm is slated to acquire 80 million 4G customers in the next two years, with more than half expected to switch over from India’s top three carriers, Bharti Airtel, Vodafone India and...
Vietnam Air to Sell 8.8% Stake to Japan’s ANA, CEO Says
Vietnam Airlines Corp. will sell an 8.8 percent stake to ANA Holdings Inc., owner of Japan’s biggest airline, for $108 million, the companies announced Tuesday. The deal with the operator of All Nippon Airways will...
Vodafone India in talks to buy Tikona Digital Networks’ 4G spectrum
NEW DELHI: Vodafone India is said to be in early talks with Tikona Digital Networks for buying its 4G spectrum as the country’s no. 2 mobile phone operator tries to expand its high-speed broadband footprint ahead...
Next-gen Ambanis take charge at Jio soft launch
Mukesh Ambani finally introduced his much-anticipated fourth-generation wireless broadband services – Reliance Jio – on Sunday, restricting it only for the company’s employees for now. While a full...
RCom, Aircel in talks to merge wireless biz
Reliance Communications on Tuesday said it had entered into a 90-day non-binding exclusivity period with Maxis Communications Berhad and Sindya Securities and Investments, shareholders of Aircel, to consider potential...
IDFC : Moving up the value chain
A 1994 report from Department of Economic Affairs, Ministry of Finance found a lack of specialised financial intermediaries offering funds for infrastructure projects. This lead to the birth of IDFC Limited (IDFC) on...
Airtel, Vodafone plan to buy Videocon spectrum
Bharti Airtel and Vodafone India might buy additional spectrum in three circles from Videocon due to their acute need of fourth generation (4G) technology based radio waves in Bihar, Uttar Pradesh (UP) East and Haryana...
J. R. D. TATA
Jehangir Ratanji Dadabhoy Tata (JRD) (29 July 1904-29 November 1993) was an avid aviator and business tycoon. He was the Chairmen of Tata and Sons. Under his chairmanship, the assets of the Tata Group grew from...
Inbound M&A Deals on I-T Department’s Radar
The Tax department has fixed its eagle eye on yet another target — this time it’s inbound mergers and acquisitions (M&As). Forty companies are said to have received notices and the total tax demand...
Consolidation of clicks
Over the last decade, the Internet has changed the way of living of people. Due to the proliferation of Internet use, everything in the world is getting online. From Good Morning to Good Night, everything is available...
NSEL Investor Petitions: Sebi Probing FTIL, Promoters
The Securities and Exchange Board of India (Sebi) has told the high court at Mumbai that it is investigating complaints against Financial Technologies (FTIL) and connected entities and promoters, including...