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Reliance Infratel lenders to take 90% haircut as Jio set to take control

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07 December, 2020

Reliance Infratel lenders to take 90% haircut as Jio set to take control

Reliance Infratel Ltd’s financial creditors will take a haircut of as much as 90% on their loans under a court-approved ......

Reliance Jio gets NCLT nod to buy Anil Ambani's debt-laden tower firm

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03 December, 2020

Reliance Jio gets NCLT nod to buy Anil Ambani's debt-laden tower firm

The bankruptcy tribunal has approved billionaire Mukesh Ambani-led Reliance Jio’s plan to acquire younger brother Anil Ambani’s debt-laden Reliance Infratel ......

Vodafone Idea rebrands in fight for telecom market share

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07 September, 2020

Vodafone Idea rebrands in fight for telecom market share

Vodafone Idea Ltd said on Monday it is rebranding itself as the debt-ridden telecoms carrier, which has been losing customers, ......

Abu Dhabi state fund, Twitter in talks to invest $1 bn in Jio Platforms

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28 May, 2020

Abu Dhabi state fund, Twitter in talks to invest $1 bn in Jio Platforms

Abu Dhabi state fund Mubadala is in talks with Reliance Industries about investing around $1 billion in the Indian conglomerate's ......

Silver Lake to invest $747 mn in Reliance's Jio Platforms

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04 May, 2020

Silver Lake to invest $747 mn in Reliance's Jio Platforms

Energy-to-telecom conglomerate Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest Rs 5,655.75 crore ($747 million) ......

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One year of talks, Covid-19 hurdles and more backstory about Facebook-Jio deal

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22 April, 2020

One year of talks, Covid-19 hurdles and more backstory about Facebook-Jio deal

In 2008, Mark Zuckerberg made his first trip to India. The Facebook Inc founder, who became a billionaire at the ......

Scammers try selling Sardar Patel statue as pandemic boosts India's cyber crime

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07 April, 2020

Scammers try selling Sardar Patel statue as pandemic boosts India's cyber crime

Police in India lodged a case this week against an unknown online fraudster who tried selling the world’s largest statue ......

Supreme Court orders telecom firms to clear $13 bn in dues by March 17

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14 February, 2020

Supreme Court orders telecom firms to clear $13 bn in dues by March 17

India’s Supreme Court slammed mobile carriers on Friday for non-payment of billions of dollars in government dues and threatened them ......

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Kaup Capital presses exit button on debut India investment with sharp haircut

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30 January, 2020

Kaup Capital presses exit button on debut India investment with sharp haircut

Private equity firm Kaup Capital, known for its focus on the infrastructure sector, has taken a sharp haircut on its ......

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Flashback 2019: B2B startups, second-time founders and IT deals hog tech limelight

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27 December, 2019

Flashback 2019: B2B startups, second-time founders and IT deals hog tech limelight

Business-to-business (B2B) technology companies focused on small and medium enterprises got the most attention from private investors this year while ......