Why 5G Is The Next Headache For Some Of India's Billionaires
Business | PR Sanjai, Bloomberg | Thursday June 20, 2019
Operators may soon decide how much more pain they can endure for a high-speed wireless network that can offer better user experience.
Chinese Banks Demand $2.1 Billion From Embattled Anil Ambani's Firm
Business | PR Sanjai, Bloomberg | Wednesday June 19, 2019
Anil Ambani's older sibling and Asia's richest man Mukesh Ambani's Reliance Jio Infocomm Ltd. had earlier offered to purchase RCom's assets in a Rs 17,300-crore deal, which would have helped partly pay off lenders
What Anil Ambani Is Looking To Sell Next: Report
Business | Baiju Kalesh and PR Sanjai, Bloomberg | Friday May 31, 2019
Reliance Capital Ltd., controlled by Mr Ambani, is discussing the contours of a deal to sell Mumbai-based Reliance General Insurance.
Anil Ambani In Talks To Sell Radio Unit For Rs 1,200 Crore: Report
Business | PR Sanjai, Bloomberg | Monday May 27, 2019
The planned exit from the radio business is part of efforts by Anil Ambani, 59, to cut wider group liabilities after a debt-fueled expansion in the past decade strained finances, while a subsequent government crackdown on bad loans led to the collapse of his wireless phone-services unit.
Billionaire Sunil Mittal's Airtel Falters in War With Mukesh Ambani's Jio
Business | PR Sanjai, Bloomberg | Tuesday May 7, 2019
Airtel is struggling to add subscribers in a saturated market after Jio managed to lure more than 30 crore users over the past three years -- a quarter of the world's second-largest market.
Anil Ambani's RCom Bankruptcy Could End Up Helping Brother Mukesh Ambani
Business | Shukla, Upmanyu Trivedi and PR Sanjai, Bloomberg | Tuesday February 5, 2019
The process initiated Friday in Mumbai, once admitted by the court, would leave Ambani's Reliance Communications Ltd., or RCom, 270 days to repay debt or liquidate. The company voluntarily took the step after a planned sale of tower, spectrum and fiber assets to older sibling Mukesh Ambani's Reliance Jio Infocomm Ltd. stalled.
Tata Motors Sends Executive On Leave Over #MeToo Allegations
India News | PR Sanjai, Bloomberg | Friday October 12, 2018
Tata Motors Ltd. sent its chief of corporate communications on leave following allegations of inappropriate behavior with female employees.
IKEA's First India Store To Open Tomorrow At 13-Acre Complex In Hyderabad
India News | PR Sanjai, Bloomberg | Wednesday August 8, 2018
In a milestone that's been more than a decade in the making, India's first Ikea store will open Thursday, bringing inexpensive Nordic-inspired furnishings and food to the world's fastest-growing middle class.
India's Record Toilet-Building Spree A Windfall For Companies: Report
India News | PR Sanjai, Bloomberg | Wednesday August 1, 2018
India is on the greatest toilet-building spree in human history, and it's a windfall for companies. Prime Minister Narendra Modi's $20 billion "Clean India" mission aims to construct 111 million bathrooms in five years.
Singh Brothers Said To Have Taken $78 Million Out Of Fortis
India News | Ari Altstedter, George Smith Alexander, PR Sanjai, Bloomberg | Friday February 9, 2018
Billionaire Singh brothers took at least 5 billion rupees ($78 million) out of the publicly-traded hospital company Fortis Healthcare Ltd. they control without board approval about a year ago, people with knowledge of the matter said.
Yoga Guru Ramdev's Patanjali Wants To Take On McDonald's In Food Retail
India News | Archana Chaudhary and PR Sanjai, Bloomberg | Friday May 5, 2017
Patanjali Ayurved Ltd., which has taken on the likes of Unilever with its range of natural and ayurveda nutrition and personal-care products, plans to enter the restaurant business in India and compete with McDonald's Corp., Kentucky Fried Chicken Corp. and Subway Restaurants.
Why 5G Is The Next Headache For Some Of India's Billionaires
Business | PR Sanjai, Bloomberg | Thursday June 20, 2019
Operators may soon decide how much more pain they can endure for a high-speed wireless network that can offer better user experience.
Chinese Banks Demand $2.1 Billion From Embattled Anil Ambani's Firm
Business | PR Sanjai, Bloomberg | Wednesday June 19, 2019
Anil Ambani's older sibling and Asia's richest man Mukesh Ambani's Reliance Jio Infocomm Ltd. had earlier offered to purchase RCom's assets in a Rs 17,300-crore deal, which would have helped partly pay off lenders
What Anil Ambani Is Looking To Sell Next: Report
Business | Baiju Kalesh and PR Sanjai, Bloomberg | Friday May 31, 2019
Reliance Capital Ltd., controlled by Mr Ambani, is discussing the contours of a deal to sell Mumbai-based Reliance General Insurance.
Anil Ambani In Talks To Sell Radio Unit For Rs 1,200 Crore: Report
Business | PR Sanjai, Bloomberg | Monday May 27, 2019
The planned exit from the radio business is part of efforts by Anil Ambani, 59, to cut wider group liabilities after a debt-fueled expansion in the past decade strained finances, while a subsequent government crackdown on bad loans led to the collapse of his wireless phone-services unit.
Billionaire Sunil Mittal's Airtel Falters in War With Mukesh Ambani's Jio
Business | PR Sanjai, Bloomberg | Tuesday May 7, 2019
Airtel is struggling to add subscribers in a saturated market after Jio managed to lure more than 30 crore users over the past three years -- a quarter of the world's second-largest market.
Anil Ambani's RCom Bankruptcy Could End Up Helping Brother Mukesh Ambani
Business | Shukla, Upmanyu Trivedi and PR Sanjai, Bloomberg | Tuesday February 5, 2019
The process initiated Friday in Mumbai, once admitted by the court, would leave Ambani's Reliance Communications Ltd., or RCom, 270 days to repay debt or liquidate. The company voluntarily took the step after a planned sale of tower, spectrum and fiber assets to older sibling Mukesh Ambani's Reliance Jio Infocomm Ltd. stalled.
Tata Motors Sends Executive On Leave Over #MeToo Allegations
India News | PR Sanjai, Bloomberg | Friday October 12, 2018
Tata Motors Ltd. sent its chief of corporate communications on leave following allegations of inappropriate behavior with female employees.
IKEA's First India Store To Open Tomorrow At 13-Acre Complex In Hyderabad
India News | PR Sanjai, Bloomberg | Wednesday August 8, 2018
In a milestone that's been more than a decade in the making, India's first Ikea store will open Thursday, bringing inexpensive Nordic-inspired furnishings and food to the world's fastest-growing middle class.
India's Record Toilet-Building Spree A Windfall For Companies: Report
India News | PR Sanjai, Bloomberg | Wednesday August 1, 2018
India is on the greatest toilet-building spree in human history, and it's a windfall for companies. Prime Minister Narendra Modi's $20 billion "Clean India" mission aims to construct 111 million bathrooms in five years.
Singh Brothers Said To Have Taken $78 Million Out Of Fortis
India News | Ari Altstedter, George Smith Alexander, PR Sanjai, Bloomberg | Friday February 9, 2018
Billionaire Singh brothers took at least 5 billion rupees ($78 million) out of the publicly-traded hospital company Fortis Healthcare Ltd. they control without board approval about a year ago, people with knowledge of the matter said.
Yoga Guru Ramdev's Patanjali Wants To Take On McDonald's In Food Retail
India News | Archana Chaudhary and PR Sanjai, Bloomberg | Friday May 5, 2017
Patanjali Ayurved Ltd., which has taken on the likes of Unilever with its range of natural and ayurveda nutrition and personal-care products, plans to enter the restaurant business in India and compete with McDonald's Corp., Kentucky Fried Chicken Corp. and Subway Restaurants.
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