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Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding

Consumer

08 October, 2024

Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding

Neobanking startup Jupiter is said to be pursuing talks to acquire a stake of up to 26% in SBM Bank ......

Bharti to acquire minority stake in British telecom giant BT for $4 bn

TMT

12 August, 2024

Bharti to acquire minority stake in British telecom giant BT for $4 bn

India's Bharti Enterprises said it would acquire a 24.5% stake in BT, worth 3.2 billion pounds ($4 billion), to buy ......

Vodafone Group trims stake in Indus Towers, Airtel stake nears 50%

TMT

19 June, 2024

Vodafone Group trims stake in Indus Towers, Airtel stake nears 50%

Vodafone Group has sold a bigger-than-planned 18% stake in India's Indus Towers for $1.82 billion on Wednesday, with local telecom operator Bharti ......

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Grapevine: KKR, GIC eye Carlyle's Nxtra stake; Reliance Retail Ventures to raise funds

General

30 May, 2024

Grapevine: KKR, GIC eye Carlyle's Nxtra stake; Reliance Retail Ventures to raise funds

Private equity firm Carlyle Group has initiated formal discussions with potential buyers to sell its 24% stake in the data center subsidiary ......

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Bharti Airtel's Africa unit set to bag a big cheque from offshore investor

TMT

01 May, 2024

Bharti Airtel's Africa unit set to bag a big cheque from offshore investor

Airtel Africa Plc, which is listed on the London Stock Exchange and is a subsidiary of India’s Bharti Airtel, is ......

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Grapevine: General Atlantic mulls Rubicon IPO; Airtel Eyes Vodafone's Indus Stake

General

24 April, 2024

Grapevine: General Atlantic mulls Rubicon IPO; Airtel Eyes Vodafone's Indus Stake

Private equity firm General Atlantic is in talks with investment banks for an initial public offering (IPO) of its majority-owned portfolio company, ......

Dialog Axiata to buy Bharti Airtel's telecom operations in Sri Lanka

TMT

18 April, 2024

Dialog Axiata to buy Bharti Airtel's telecom operations in Sri Lanka

Sri Lankan telecom operator Dialog Axiata has signed a definitive agreement to buy Bharti Airtel's operations in the island nation, ......

Bharti Hexacom jumps 54% in debut trade at over $5 bn valuation

TMT

12 April, 2024

Bharti Hexacom jumps 54% in debut trade at over $5 bn valuation

Bharti Hexacom's shares surged 54.4% in their trading debut on Friday, beating analysts' expectations and valuing the Indian telecom operator ......

Rajiv Jain-led GQG Partners acquires Singtel's partial stake in Bharti Airtel

TMT

07 March, 2024

Rajiv Jain-led GQG Partners acquires Singtel's partial stake in Bharti Airtel

Singapore Telecommunications on Thursday said it has sold a 0.8% stake in India's Bharti Airtel for S$950 million (nearly $711 ......

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Grapevine: ITC eyes Prataap Snacks; GIC, KKR join race for Carlyle's stake in Airtel's data centre

General

22 February, 2024

Grapevine: ITC eyes Prataap Snacks; GIC, KKR join race for Carlyle's stake in Airtel's data centre

ITC is reportedly considering acquisition of a 47% stake held by Peak XV Partners (formerly Sequoia Capital) in Prataap Snacks, ......