M&A
Rel Jio set to bag RCom’s tower, fiber assets with Rs3,600-cr bid
11 Dec 2019
At Rs3,600-crore, Reliance Jio’s bid is the highest for Rcom’s tower business and optical fiber network worth a total Rs10,000 crore
Bharti Telecom seeks nod for Rs4,900-cr FDI to make it foreign
09 Dec 2019
Bharti Airtel has been in discussion with Singtel and other entities for fund infusion and has already applied for government permission to raise the company’s FDI limit to 100 per cent
Phoenix to acquire Swiss Re's UK business for $4.1 bn
06 Dec 2019
The acquisition will create an enlarged Phoenix Group with £329 billion of assets under administration and 14.1 million policies, confirming Phoenix’s position as the largest life and pensions consolidator in Europe
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