The Adani group dominated the news headlines. First, it acquired a 29% stake in news broadcaster NDTV through a subsidiary that had bought Vishvapradhan Commercial Pvt. Ltd (VCPL), ... Read more
The Adani group dominated the news headlines. First, it acquired a 29% stake in news broadcaster NDTV through a subsidiary that had bought Vishvapradhan Commercial Pvt. Ltd (VCPL), which held convertible debentures in NDTV against loans given. But there was some bad news too for the sprawling conglomerate, with a unit of Fitch expressing fears of falling into a debt trap following its unbridled expansion. Read more
Less than a month after it was first reported by Mint, private equity major KKR and Co. Inc. made its largest ever exit from an Indian firm when it sold its entire 27.54% stake in ... Read more
Less than a month after it was first reported by Mint, private equity major KKR and Co. Inc. made its largest ever exit from an Indian firm when it sold its entire 27.54% stake in hospital chain Max Healthcare Institute Ltd for around Rs 9,400 crore. Read more
There’s no stopping the march of the Adani group, which just announced a $7 billion foray into the metals sector with plans for an alumina and iron ore project in Odisha, even as t ... Read more
There’s no stopping the march of the Adani group, which just announced a $7 billion foray into the metals sector with plans for an alumina and iron ore project in Odisha, even as the group’s biggest rival, Reliance Industries chairman Mukesh Ambani made the bold prediction that its investments in green energy could potentially outshine all its existing growth engines in just 5-7 years. Read more
Jio was the sole carrier to buy 220MHz of paired airwaves in the pricier 700MHz band across all 22 circles. Bharti Airtel, the country’s second-largest operator, bought airwaves in ... Read more
Jio was the sole carrier to buy 220MHz of paired airwaves in the pricier 700MHz band across all 22 circles. Bharti Airtel, the country’s second-largest operator, bought airwaves in all circles paying a total of Rs 43,084 crore for 19,867.8MHz of airwaves across all bands. Read more
The 5G spectrum auction got off to a bright start with bids worth over Rs 1.45 trillion on Day 1, beating expectations and surpassing the 2015 record of Rs 1.09 trillion. Read more
The 5G spectrum auction got off to a bright start with bids worth over Rs 1.45 trillion on Day 1, beating expectations and surpassing the 2015 record of Rs 1.09 trillion. Read more
The Adani group's march into businesses that set it up in competition with India's largest conglomerate, Reliance, continues unabated, with one of its units, Adani Data Networks an ... Read more
The Adani group's march into businesses that set it up in competition with India's largest conglomerate, Reliance, continues unabated, with one of its units, Adani Data Networks announcing its intention to bid for the much-prized 5G spectrum in the forthcoming auction. Read more
In what could serve as a warning for the future, hundreds of IndiGo’s cabin crew members took sick leave on Saturday last, with sources in the industry saying they went for an Air ... Read more
In what could serve as a warning for the future, hundreds of IndiGo’s cabin crew members took sick leave on Saturday last, with sources in the industry saying they went for an Air India recruitment drive. Read more
Amid news of the US government banning e-cigarettes while also looking to lower the amount of nicotine in a cigarette stick, domestic cigarette giant ITC is continuing to gain grou ... Read more
Amid news of the US government banning e-cigarettes while also looking to lower the amount of nicotine in a cigarette stick, domestic cigarette giant ITC is continuing to gain ground in its FMCG business. Read more
IPL has been a money-spinner for BCCI since its inception in 2008. But the latest auction for the broadcast rights to the most popular sporting event in India broke all records, wi ... Read more
IPL has been a money-spinner for BCCI since its inception in 2008. But the latest auction for the broadcast rights to the most popular sporting event in India broke all records, with the five-year media rights for the tournament snapped up for a whopping Rs 48,390 crore, a threefold increase from the last auction held five years ago. Read more
The race to acquire Walgreens Boots Alliance Inc.’s Boots pharmacies unit in the UK is narrowing, with the consortium of Reliance Industries Ltd (RIL) and buyout firm Apollo Global ... Read more
The race to acquire Walgreens Boots Alliance Inc.’s Boots pharmacies unit in the UK is narrowing, with the consortium of Reliance Industries Ltd (RIL) and buyout firm Apollo Global Management Inc. emerging as the strongest contender. Read more
