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Axiata logs out of talks to buy stake in Tikona Digital
Malaysia’s leading telecom operator, Axiata, has backed out of its negotiations to pick up a substantial stake in broadband wireless access (BWA) operator Tikona Digital due to differences over valuation and uncertainty on the Indian telecom policy, following the cancellation of 2G licences by the Supreme Court. The promoters of Tikona, say sources, had valued the company at $1 billion (Rs 4,900
Malaysia’s leading telecom operator, Axiata, has backed out of its negotiations to pick up a substantial stake in broadband wireless access (BWA) operator Tikona Digital due to differences over valuation and uncertainty on the Indian telecom policy, following the cancellation of 2G licences by the Supreme Court. The promoters of Tikona, say sources, had valued the company at $1 billion (Rs 4,900
Essel raises IVRCL stake above promoter holding
The Subhash Chandra-promoted Essel Group has raised its stake in IVRCL to 12.27 per cent by purchasing an additional 2.08 per cent stake from the open market, upping the ante for the battle to gain
Kingfisher Airlines shares surge on stake sale rumours
MUMBAI (Reuters) - Shares in ailing Kingfisher Airlines surged 10.4 percent on Wednesday on market rumours that Singapore Airlines would buy a stake, but the world's second
MUMBAI (Reuters) - Shares in ailing Kingfisher Airlines surged 10.4 percent on Wednesday on market rumours that Singapore Airlines would buy a stake, but the world's second
Kingfisher Airlines shares surge on stake sale rumours
MUMBAI (Reuters) - Shares in ailing Kingfisher Airlines surged 10.4 percent on Wednesday on market rumours that Singapore Airlines would buy a stake, but the world's second
MUMBAI (Reuters) - Shares in ailing Kingfisher Airlines surged 10.4 percent on Wednesday on market rumours that Singapore Airlines would buy a stake, but the world's second
Coal India workers demand roll back of foreign stake
At a time when the Coal India Ltd (CIL) management is facing heat from the second largest shareholder, its workers have stepped in to support the company demanding a rollback of all foreign stake.
At a time when the Coal India Ltd (CIL) management is facing heat from the second largest shareholder, its workers have stepped in to support the company demanding a rollback of all foreign stake.
NTT Docomo may raise Tata stake
Japanese telecoms operator NTT Docomo is discussing raising its 26 percent stake in Indian carrier Tata Teleservices, while the latter may be considering a buyback of Docomo's shares, reports say.
Japanese telecoms operator NTT Docomo is discussing raising its 26 percent stake in Indian carrier Tata Teleservices, while the latter may be considering a buyback of Docomo's shares, reports say.
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