Krishna V Kurup
Stories by Krishna V Kurup
India: Vodafone Idea’s $3.6b rights issue to cause massive dilution
The issue will increase the number of Vodafone Idea shares by 229%, diluting it to 28.74 billion outstanding shares.
India: RCom pays Ericsson, asset sale to Jio falls through
RCom said the airwaves deal had been called off by "mutual consent" due to objections from India's telecom department and more than 40 of the company'
Singapore’s Singtel, GIC to buy stock worth $1.23b in Indian telco Bharti Airtel
After the rights offering, Singtel’s effective interest in Airtel will be 35.2 percent. Singtel has a direct equity stake of about 15 percent.
India: ICICI appoints Bakhshi CEO after scandal-hit Kochhar resigns
Kochhar is the third high-profile woman banker in India to step down in recent months, following Arundhati Bhattacharya who retired from the State Ban
Indian arbitration court restrains RCom from selling assets without permission
The order came as a big blow to RCom which had unveiled a plan in December 2017 to sell its wireless assets to Reliance Jio Infocomm Ltd.
Indian telecom operator Airtel’s holding company for Africa mulls IPO
Bharti Airtel owns telecom assets in 14 African countries.
