France Telecom and Telstra of Australia are in talks with Malaysia’s Maxis Communication to buy a minority stake in Indian telecom operator Aircel, in yet another sign that the ongoing slowdown and credit crunch...
Telenor completes 49 pc stake purchase in Unitech Wireless
Norway-based Telenor on Wednesday completed the acquisition for a 49 per cent stake in Unitech Wireless as it paid Rs 1,130 crore in the second tranche for a further 15.5 per cent stake in the company. "Unitech...
Suzlon raises stake in REpower to 76 pc
Suzlon Energy Ltd has raised its stake in Germany’s REpower Systems to 76 per cent, after paying Martifer 30 million euros ($40 million) last week, the company said on Monday. In December, Suzlon, the...