PRSanjai
Stories by PRSanjai
Sistema to buy back 17% of Indian unit from Russia govt
Sistema JSFC, a publicly traded diversified holding company operating primarily in Russia, has agreed to buy back 17.14% of telecommunications operato
India: Tata Sons told to pay NTT Docomo $1.17b in damages for JV stake
Tata Sons has been ordered by an international arbitration panel to pay $1.17 billion in damages to Japan’s NTT Docomo Inc. for breach of agreement.
Tata Steel close to deal with UK govt to keep plant open: report
Tata Steel, that has started sale process of its UK assets, turned to the UK government, seeking further financial incentives to stay on in the countr
India: Religare to rejig three businesses to simplify structure
Religare management is seeking to list these three entities within the next 12 months and is also open to partnering with investors to raise growth ca
India: Tata Group becomes latest entrant into e-commerce with TataCLiQ
The portal would be the first-of-its-kind multi-brand phygital (physical cum digital) e-commerce marketplace that will blend online and in-store shopp
India: Tech Mahindra latest to drop plan for payments bank
Tech Mahindra is the third entity to drop plans for a payments bank after Cholamandalam Investment and the trio of Dilip Shanghvi, IDFC Bank and Telen
VRL Logistics promoters plan to start regional airline in India, to sell 2% stake to fund venture
Promoters Vijay Sankeshwar and Anand Sankeshwar will, however, continue to own a majority stake in VRL Logistics after the stake sale.
India: Ex-Ranbaxy promoters told to pay $375m for hiding facts in Daiichi sale
Singapore International Arbitration Centre says Malvinder and Shivinder Singh concealed facts from Japanese pharma major Daiichi Sankyo at the time of
China’s Dalian Wanda Group in talks with Indian multiplex owners to acquire assets
Talks being held with Carnival Cinemas and PVR, among other multiplex firms; high valuations seen as hurdle to potential deal. If its efforts are succ
India: JSW Energy deal to buy JSPL power plant likely today
Talks on a potential deal started earlier this year as Naveen Jindal-led Jindal Steel and Power Ltd (JSPL) sought ways to reduce debt on its books aft
