Amrit Raj
Stories by Amrit Raj
India: Tata said to be mulling sale of auto components unit
The group is currently in talks to hire an investment bank. The sale process is expected to start in a month.
Idea Vodafone merger savings to cross $10b, says Aditya Birla’s CFO
The benefits accruing out of the Idea-Vodafone merger will increase on account of savings made by both Idea Cellular and Vodafone India.
Xiaomi founder said to prioritize India over home market China
Xiaomi will build products keeping India in mind first, said founder Lei Jun.
Chinese smartphone major Xiaomi looking to invest $1b in Indian startups
Xiaomi and affiliate Shunwei Capital have purchased stakes in six Indian internet companies including Hungama and KrazyBee
India: Global investors approach Airtel for stake in Bharti Infratel
The move comes a day after Bharti Infratel said that it aims to buy the stake it doesn’t own in its Indus Towers Ltd unit from Vodafone India Ltd,
India: Bharti Infratel aims to acquire Indus Towers to create telecom tower giant
Indus Towers is a joint venture between Vodafone India, Bharti Infratel and Idea Cellular.
India: Bharti Telecom to buy 4.62% stake in Airtel for up to $1.5b
As many as 184,710,183 equity shares, owned by Indian Continent Investment Ltd, will be acquired on 3 November.
India, world’s second largest telecom market, is going through a phase of disruption
As the storm caused by changing regulations, tariff battle settles down, the industry is once again looking at an upward curve in terms of revenue.
India: RCom, Brookfield to revise mobile tower deal
Brookfield had in December agreed to pay RCom upfront cash of Rs11,000 crore for a 51% stake in Reliance Infratel Ltd.