Tag: ASSET SALE

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» 2017-06-21

Axis Bank confirmed it had sold its 8% share in new-generation card-swiping-machine company Mswipe Technologies. In a regulatory filing, the private sector bank said it sold its 8% stake for […]

» 2017-04-05

State-controlled telecom services provider Mahanagar Telephone Nigam Ltd said it has sought permission from the Department of Telecom to sell some of its assets to pay down debt. “In order […]

» 2016-12-21

Reliance Communications Ltd announced the signing of binding agreements with Brookfield Infrastructure for the sale of nationwide tower assets to Brookfield Infrastructure Partners LP and its institutional partners. RCOM will […]

» 2016-01-07

OnMobile, one of the biggest providers of ring-back tones in the world, said it has decided to sell its speech recognition software for 650,000 euros, or about Rs 4.7 cr. […]

» 2015-09-10

Spectrum trading is likely to lead to consolidation in the Indian telecom industry and four telecom operators — Bharti Airtel, Idea Cellular, Vodafone and Reliance Jio — are likely to […]

» 2015-07-15

Godrej Properties Ltd said it has transferred majority ownership in a special purpose unit developing an 18-acre plot in Kanakapura to Shubh Properties Cooperatief U.A. — a joint venture between […]

» 2014-12-15

Bharti Airtel said it will sell over 1100 telecoms towers across 2 countries in Africa to IHS Holding Limited, the largest mobile telecommunications infrastructure provider in Africa. The sale in […]

» 2014-09-09

Power and infrastucture player Lanco plans to sell 3000 MW of assets to raise Rs 5,000 crores cash to reduce its debt, the company said. “Since last one year, we […]

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