Tag: ASSET SALE

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» 2019-04-24

The National Stock Exchange on Wednesday sought a clarification from Jet Airways regarding reports that a British entrepreneur has expressed interest in acquiring it. The NSE has asked Jet Airways […]

» 2019-03-21

Bajaj Auto, one of India’s biggest motorcycle makers, could potentially exit KTM, the premium bike brand from Austria. According to a statement by KTM Industries AG, the parent company of […]

» 2018-12-17

Bangalore-based IT services firm Infosys said it has sold its minority stake in Israel-based CloudEndure for $15.3 million. The company had invested $4 million in the cloud computing start-up for […]

» 2018-12-06

Eveready Industries, one of India’s largest battery makers, said it has signed an agreement to sell its plot on  Tiruvottiyur Road in Chennai to local real estate developer Olympia Group […]

» 2018-11-30

Anil Ambani Group’s Reliance Communications Ltd got a big relief today after the Supreme Court ordered the Department of Telecommunications, Government of India to approve the sale of the company’s […]

» 2018-10-15

Dr. Reddy’s Laboratories, one of the biggest pharmaceutical companies in India, said it has agreed to sell its API manufacturing unit located in Jeedimetla, Hyderabad, to Therapiva Private Ltd, an […]

» 2018-08-27

Two days after announcing the completon of a transaction to sell some of its physical assets to Reliance Jio, Anil Ambani-led Reliance Communications said it has sold its fibre-based assets […]

» 2018-06-28

Wipro said it has completed the sale of its hosted data center services business for $399 mln as announced three months ago. The business, consisting of Wipro Data Centre and […]

» 2018-06-28

Anil Ambani-led Reliance Infrastructure said it has won approval from the Maharashtra Electricity Regulatory Commission for the sale of its Mumbai power business to Adani Transmission Ltd. It said it […]

» 2018-05-01

Television broadcaster NDTV Ltd said it was selling part of its stake in Red Pixels Ventures Ltd, an online focused subsidiary, to pay rent and meet other working capital requirements. […]

» 2018-04-05

Anil Ambani Group’s Reliance Communications cleared a major hurdle for the sale of its assets to Reliance Jio with the Supreme Court lifting the stay imposed by the Bombay High […]

» 2018-03-14

Anil Ambani-led Reliance Communications said it was confident of overcoming the twin legal challenges posed by shareholders in its tower subsidiary and one of the company’s unsecured creditors, Ericsson. The […]

» 2018-02-26

Bangalore-based real estate player Prestige Estates Projects said Singapore-based GIC Realty Pte Ltd, the country’s sovereign wealth fund, has signed a term sheet to explore the possibility of acquiring a […]

» 2017-12-28

Reliance Jio, the firm led by Mukesh Ambani, will walk away with most of the telecom assets of Reliance Communications, led by Mukesh’s brother Anil. Rcom said it has “signed […]

» 2017-12-08

The lenders of Reliance Communications have got initial bids for the company’s assets from the three big telecom companies in India, CNBC TV18 reported, quoting banking sources. The Anil Ambani […]

» 2017-11-13

Vodafone India and IdeaCellular Ltd said they agreed to sell their standalone tower businesses in India to the local unit of American Tower Corp for an aggregate enterprise value of […]

» 2017-11-07

Reliance Communications said it is in talks with several parties, including Brookfield Asset Management, to sell its tower assets. “The Company is renegotiating the tower transactions with all the interested […]

» 2017-10-09

Reliance Infrastructure Limited said it signed an agreement to transfer some of its transmission assets, under the Western Region System Strengthening Scheme (WRSSS), to two of its subsidiaries ahead of […]

» 2017-10-06

Reliance Industries said it had signed agreements to sell all of its interest in certain upstream assets in north-eastern and central Pennsylvania, known as Marcellus shale. The assets, which are […]

» 2017-10-06

Reliance Industries said it had signed agreements to sell all of its interest in certain upstream assets in north-eastern and central Pennsylvania, known as Marcellus shale. The assets, which are […]

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