The promoters of Bharti Airtel, the Mittal family and SingTel, are looking to acquire an additional six per cent stake in the country’s largest telecom firm. The move may lend some support to the company’s...
Vodafone pays Liberty 1 bln euros for Dutch joint venture
UK phone network operator Vodafone Plc (VOD.L) and John Malone’s cable company Liberty Global Plc (LBTYA.O) agreed on Monday to combine their operations in the Netherlands for a better footing in the local market...
RJio alliance with 8 global telcos
Mukesh Ambani’s group firm Reliance Jio Infocomm is partnering eight global telecom entities in what is described as an alliance to bring better products and services to customers everywhere. The eight others are...
Bharti Airtel in talks to merge its wholly-owned Sri Lanka unit into Dialog Axiata
Bharti AirtelBSE 1.05 % is believed to be in talks to merge its wholly-owned Sri Lanka unit into Dialog Axiata, the Malaysia-based Axiata group’s telecom arm in the island nation, in a likely share-swap deal, two...
High Court admits RCOM-SSTL merger application.
The Bombay High Court has admitted the application for merger between Reliance Communications (Rcom) and Sistema Shyam Teleservices Ltd. (SSTL), the telecom unit of Russia’s Sistema JSFC. “The Hon’ble...
Vodafone in talks with Liberty Global on Dutch joint venture
Mobile phone networks operator Vodafone said on Tuesday it was in talks with John Malone’s cable company Liberty Global about forming a joint venture in the Netherlands. Liberty Global owns Ziggo, the largest...
Reliance’s Power-Packed Diversification with JP Deal
Anil Ambani-controlled Reliance Power plans to acquire the entire hydroelectricity portfolio of the Jaiprakash Group and has signed an initial agreement for India’s biggest deal in the infrastructure sector other...
“NETWORK18” now in Reliance Network
This investment by RIL turnout to be Hostile takeover of Network18 NETWORK18: Founded by Raghav Bahl, Network18 is one of India’s largest media companies, which owns television channels CNBC TV18, CNN-IBN, CNBC Awaaz;...
Smith & Nephew Tops European M&A Targets for Second Year in Row
Smith & Nephew Plc, the British maker of replacement knee joints and medical devices, is the top European acquisition target for the second year in a row in a Bloomberg survey of traders and analysts...
Softbank invests Rs 100 cr in Housing
Within days of Softbank Founder and Chief Executive Officer (CEO) Masayoshi Son telling a room full of start-ups he would accelerate investment in India, real estate portal Housing.com has raised funds from the Japanese...
Outbound M&A deals rose last year, but restricted to a few sectors
Overseas acquisitions by Indian companies have picked up again, after a brief lull, although deal activity this time is restricted to companies from cash-rich sectors such as information technology and pharmaceuticals...
RJio to raise Rs 15,000 cr in India’s second largest rights issue
Reliance Jio Infocomm Ltd (RJIL), the unlisted subsidiary of Reliance Industries Limited (RIL) on Monday announced a plan to issue 15 billion equity shares of Rs 10 each to the existing shareholders (to raise Rs 15,000...