Carlyle to acquire about 25% stake in Airtel’s Nxtra Data
This will peg the enterprise valuation of Nxtra at USD 1.2 billion The Carlyle Group will acquire about 25% stake in Airtel’s data centre business, Nxtra Data, for USD 235 … Read More
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This will peg the enterprise valuation of Nxtra at USD 1.2 billion The Carlyle Group will acquire about 25% stake in Airtel’s data centre business, Nxtra Data, for USD 235 … Read More
TRAI chief stressed on the need to promote domestic manufacturers of hardware, signalling equipment, fibre and other equipment. Telecom regulator TRAI on Monday strongly advocated domestic manufacturing of telecom equipment … Read More
Energy markets on coronavirus ‘probably most dangerous trade’ to be seen: Oil analyst Phil Flynn of the Price Futures Group on oil trading down amid the coronavirus. Amidst one of … Read More
Capital appreciation, an attraction: Godrej Properties CMO Non-Resident Indians (NRIs) from the Gulf Cooperation Council (GCC) region are seen investing in real estate in India despite the global economic scenario … Read More
The objective of the transaction is to have an asset-light model for the shipping requirements of the company and the sale proceeds will be used towards reducing the debt as … Read More
It will increase access and affordability of insulin for millions of Americans with diabetes. Semglee, a drug for diabetics, co-developed by Mylan and Biocon Biologics, has secured U.S. FDA approval … Read More
Labour alone accounts for up to 60-70% of the total cost of production Professional services firm Ernst & Young LLP has suggested coffee growers avail the services of MGNREGA workers … Read More
Telco hopeful that ARPUs will rise Even though the telecom industry has witnessed some ‘repairs’, more needs to be done on tariffs which are still ‘unsustainably low’, Gopal Vittal, MD … Read More
Companies with up to ₹50-crore investment, ₹200-crore turnover will come under this classification Days after changing the definition of MSMEs, the government has decided to further revise the criteria for … Read More
India’s largest automaker Maruti Suzuki to restart vehicle production at Manesar plant from May 12 Royal Enfield, TVS Motor Company, MRF and Apollo Tyres resumed operations at their manufacturing facilities … Read More