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Singtel to Sell Its 3.3 Percent Stake in Airtel to Fund 5G Operations: Report
Singtel will sell its 3.3 percent stake in India’s telecom giant, Airtel, according to a report. The Singapore-based company will reportedly continue to hold 29.7 percent of Airtel’s shares post sell off. The shares will be bought by Bharti Telecom, which is a joint venture between Singtel and Bharti Enterprises.
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Airtel Partners With Hughes Communication To Offer Satellite Broadband Services
Hughes Communications India (HCIPL), a majority-owned subsidiary of Hughes Network Systems, and Bharti Airtel announced a joint venture to offer satellite broadband services in India.
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Adani Green Completes Acquisition of SB Energy India; Stock Soars Over 3%
Adani Green: SB Energy India was earlier a 80:20 joint venture between the Japan-based SoftBank Group Corporation and Bharti Group, has now become a 100 per cent subsidiary of Adani Green Energy
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Adani Green To Acquire SB Energy For $3.5 Billion
SB Energy India is a joint venture between the Japan-based SoftBank Group Corp and Bharti Group, which held a stake of 80 per cent and 20 per cent respectively
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A Space Odyssey: Britain Rockets Into Unknown With OneWeb
Britain is betting that satellite operator OneWeb will help it boldly go into a post-Brexit era. But it faces formidable challenges to complete a working constellation and rebuild a collapsed venture that has proved a money pit for investors.
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If Vodafone Idea Disconnects, India Picks Up The Bill
India faces a multi-billion-dollar hit to its economy and a tarnished reputation as a place for multinationals to invest unless it can keep Vodafone Idea in business. Vodafone Idea, a joint venture between Britain's Vodafone Group Plc and India's Idea Cellular, is the most vulnerable of the mobile carriers ordered on Friday to immediately pay billi...
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Birla Says No Major Downsizing After Merger With Vodafone: 10 Points
Britain's Vodafone Group and Idea Cellular agreed on Monday to merge their Indian operations to create the country's biggest telecoms business. The merger attempts to contest a brutal price war sparked by new rival, Mukesh Ambani's Jio. "The combined company would become the leading communications provider in India with almost 400 million customers...
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Wal-Mart In Talks To Invest Up To $1 Billion In India's Flipkart
Wal-Mart Stores Inc. is in advanced discussions to invest as much as $1 billion into India's Flipkart Online Services Pvt, as the two companies battle Amazon.com Inc. in e-commerce, according to a person familiar with the matter.
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Reliance Jio Impact: In 2 Days, Idea Loses Rs 4,500 Crore In Market Value
Shares of Bharti Airtel, Idea Cellular and Reliance Communications saw their share prices dip further on Friday, after analysts slashed price targets on some of them, and warned that the launch of new rival Reliance Industries' Jio venture is set to be much more disruptive than earlier imagined.
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Japan's SoftBank Bags First Solar Power Project in India
SB Energy, a three way joint venture of Japan's SoftBank Group, Bharti Enterprises and Foxconn Technology Co Ltd, has won an order to develop a solar plant in India, marking SoftBank's first foray into renewable energy there.
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AXA Raises Stake in Indian Insurance JVs
French insurer AXA has raised its holdings in Indian insurance joint ventures with Bharti Enterprises to 49 per cent, the latest in a slew of similar deals after a rule change easing cap on foreign ownership in the local insurance companies.
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Bharti, Vodafone Joint Venture in Talks to Acquire JT Global: Report
Jersey's Bharti Group and Vodafone refused to comment on the matter.
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CCI Approves AXA Raising Stake in Insurance JVs With Bharti
The Competition Commission of India (CCI) on Wednesday approved European financial services giant AXA's proposal to hike its stake from 26 per cent to 49 per cent in its two insurance ventures with Sunil Mittal-led Bharti Group - Bharti AXA Life Insurance and Bharti AXA General Insurance.
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Religare to Exit Joint Venture With BCCL, Aegon
Financial Services firm Religare Enterprises on Tuesday said it will exit Aegon Religare Life Insurance Company by selling its stake to existing partner Bennett, Coleman and Company Ltd of the Netherlands.
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AXA Wins Approval to Raise Stake in Bharti Insurance JVs
Europe's second biggest insurer AXA has won the Indian government's approval to raise its stake in two local insurance joint ventures with Bharti Enterprises to 49 percent, a government statement showed.
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Singtel to Sell Its 3.3 Percent Stake in Airtel to Fund 5G Operations: Report
Singtel will sell its 3.3 percent stake in India’s telecom giant, Airtel, according to a report. The Singapore-based company will reportedly continue to hold 29.7 percent of Airtel’s shares post sell off. The shares will be bought by Bharti Telecom, which is a joint venture between Singtel and Bharti Enterprises.
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Airtel Partners With Hughes Communication To Offer Satellite Broadband Services
Hughes Communications India (HCIPL), a majority-owned subsidiary of Hughes Network Systems, and Bharti Airtel announced a joint venture to offer satellite broadband services in India.
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Adani Green Completes Acquisition of SB Energy India; Stock Soars Over 3%
Adani Green: SB Energy India was earlier a 80:20 joint venture between the Japan-based SoftBank Group Corporation and Bharti Group, has now become a 100 per cent subsidiary of Adani Green Energy
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Adani Green To Acquire SB Energy For $3.5 Billion
SB Energy India is a joint venture between the Japan-based SoftBank Group Corp and Bharti Group, which held a stake of 80 per cent and 20 per cent respectively
-
A Space Odyssey: Britain Rockets Into Unknown With OneWeb
Britain is betting that satellite operator OneWeb will help it boldly go into a post-Brexit era. But it faces formidable challenges to complete a working constellation and rebuild a collapsed venture that has proved a money pit for investors.
-
If Vodafone Idea Disconnects, India Picks Up The Bill
India faces a multi-billion-dollar hit to its economy and a tarnished reputation as a place for multinationals to invest unless it can keep Vodafone Idea in business. Vodafone Idea, a joint venture between Britain's Vodafone Group Plc and India's Idea Cellular, is the most vulnerable of the mobile carriers ordered on Friday to immediately pay billi...
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Birla Says No Major Downsizing After Merger With Vodafone: 10 Points
Britain's Vodafone Group and Idea Cellular agreed on Monday to merge their Indian operations to create the country's biggest telecoms business. The merger attempts to contest a brutal price war sparked by new rival, Mukesh Ambani's Jio. "The combined company would become the leading communications provider in India with almost 400 million customers...
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Wal-Mart In Talks To Invest Up To $1 Billion In India's Flipkart
Wal-Mart Stores Inc. is in advanced discussions to invest as much as $1 billion into India's Flipkart Online Services Pvt, as the two companies battle Amazon.com Inc. in e-commerce, according to a person familiar with the matter.
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Reliance Jio Impact: In 2 Days, Idea Loses Rs 4,500 Crore In Market Value
Shares of Bharti Airtel, Idea Cellular and Reliance Communications saw their share prices dip further on Friday, after analysts slashed price targets on some of them, and warned that the launch of new rival Reliance Industries' Jio venture is set to be much more disruptive than earlier imagined.
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Japan's SoftBank Bags First Solar Power Project in India
SB Energy, a three way joint venture of Japan's SoftBank Group, Bharti Enterprises and Foxconn Technology Co Ltd, has won an order to develop a solar plant in India, marking SoftBank's first foray into renewable energy there.
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AXA Raises Stake in Indian Insurance JVs
French insurer AXA has raised its holdings in Indian insurance joint ventures with Bharti Enterprises to 49 per cent, the latest in a slew of similar deals after a rule change easing cap on foreign ownership in the local insurance companies.
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Bharti, Vodafone Joint Venture in Talks to Acquire JT Global: Report
Jersey's Bharti Group and Vodafone refused to comment on the matter.
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CCI Approves AXA Raising Stake in Insurance JVs With Bharti
The Competition Commission of India (CCI) on Wednesday approved European financial services giant AXA's proposal to hike its stake from 26 per cent to 49 per cent in its two insurance ventures with Sunil Mittal-led Bharti Group - Bharti AXA Life Insurance and Bharti AXA General Insurance.
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Religare to Exit Joint Venture With BCCL, Aegon
Financial Services firm Religare Enterprises on Tuesday said it will exit Aegon Religare Life Insurance Company by selling its stake to existing partner Bennett, Coleman and Company Ltd of the Netherlands.
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AXA Wins Approval to Raise Stake in Bharti Insurance JVs
Europe's second biggest insurer AXA has won the Indian government's approval to raise its stake in two local insurance joint ventures with Bharti Enterprises to 49 percent, a government statement showed.
