M&A
Mukesh Ambani in talks to sell media assets to Times Group: Bloomberg
28 Nov 2019
RIL, which saw its media arm Network18 report a loss of Rs178 crore in the year ended March 2019 and a net debt of Rs2,800 crore, is weighing various options, ranging from an outright exit to a stake sale
Bajaj Auto to invest $8 million in mobility sharing platform Yulu
26 Nov 2019
Yulu will source from Bajaj electric two-wheelers which have been co-designed and manufactured exclusively for shared micro-mobility, while Bajaj will provide financial support
British Airways Group IAG to acquire Air Europa for €1 billion
04 Nov 2019
International Airlines Group (AG), the owner of British Airways, said its purchase of Spain’s third largest carrier is a move designed to transform its hub in Madrid into a rival for Amsterdam, Frankfurt, London and Paris
Vodafone may exit India as losses mount: IANS report
30 Oct 2019
Vodafone-Idea continues to lose subscribers and market share with each passing month while falling market capitalisation is preventing it from raising fresh funds
Govt may opt to sell BSNL and MTNL, say reports
29 Oct 2019
Government would go for strategic disinvestment of BSNL and MTNL post Diwali rather than put money into bleeding telecom firms, reports citing officials said
Govt gives in-principle approval for BSNL-MTNL merger
23 Oct 2019
The Department of Telecom has finalised a Rs74,000-crore revival plan for the ailing state-run telecom firms - BSNL and MTNL, which will include capital infusion to acquire 4G spectrum and the cost of a voluntary retirement scheme
Temasek arm bids $3 billion for 30.55% of Keppel Corp
21 Oct 2019
Temasek directly owns 20.45 per cent in Keppel, and if successful, the partial offer will result in Temasek owning an aggregate 51 per cent in the struggling rig-maker