Company Overview and News

 
Airtel vs Reliance Jio to play out next in regional content

3h livemint
New Delhi: Bharti Airtel Ltd has identified two new areas—healthcare and education—around which it plans to build content apart from sharpening focus on regional music and videos on its platform as it braces for a long battle with rival Reliance Jio Infocomm Ltd. Airtel expects the current round of battle will centre around content as cut-rate data tariffs have ceased to provide a meaningful competitive edge in the hyper-intensive telecom industry.
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5 parties bidding for 74% Malaysian Maxis owned Indian Aircel assets

5h thestar.com.my
Aircel, which is 74% owned by Maxis Communications Bhd, reportedly owes about 50,000 crores to its creditors. Aircel is among the casualties of the intense competition in the Indian telecom market.
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Airtel, Sterlite Tech, two investment firms in race to buy Aircel assets

12h moneycontrol
The assets of the beleaguered telecom company Aircel are up for sale and Bharti Airtel, Sterlite Technologies, among others and two investment firms are reportedly keen to separately buy them. Despite the number of interested buyers, the lenders to Aircel may still have to take a large haircut, according to Livemint.
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Deals Buzz: ShareChat raises Rs 720 crore, valuation jumps seven-fold

23h livemint
Deals Buzz brings to you, your dose of the top deals news reported from newsrooms across the country.
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Ananda Krishnan’s Aircel assets: Airtel, Jio are said to be among bidders

23h theedgemarkets
SYDNEY (Sept 20): Bharti Airtel, Reliance Jio, Sterlite Technologies and two investment firms have bid to separately purchase assets of Aircel, the company linked to Malaysian tycoon T. Ananda Krishnan, Mint reports, citing two unidentified people with knowledge on the matter.
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Airtel, Jio, Sterlite Tech among bidders for Aircel assets

2018-09-20 livemint
Mumbai/New Delhi: Bharti Airtel Ltd, Reliance Jio Infocomm Ltd, Sterlite Technologies Ltd and two investment firms have bid to separately purchase assets of Aircel Ltd, but lenders to the bankrupt telecom operator may still have to take a large haircut. Lenders to Aircel are, however, keen on a lump sum sale to a single party as it believes such a move would lead to the best outcome, two people with knowledge of the matter said.
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An evening walk down Dalal Street | Pain continues on market, Sensex sheds 169 pts, Nifty gives up 11,250; midcaps fall

2018-09-19 moneycontrol
Equity benchmarks ended a volatile trading day on a negative note as consumer names as well as banks weighed. The Nifty ended below 11,250-mark, while the Sensex shed a little over 160 points. Rupee heading towards its low points also dented sentiment on the market.
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4
Sensex recovers by 142 points in opening trade, Nifty above 11,300

2018-09-19 freepressjournal.in
Mumbai: The BSE Sensex rebounded over 100 points in opening trade Wednesday on value-buying in recently battered stocks amid strength in the rupee and positive global cues. The 30-share BSE index recovered by 142.26 points, or 0.38 per cent, to 37,432.93 in opening trade. The index had lost almost 800 points in the previous two sessions as rupee woes and trade war worries spooked investors. The NSE Nifty was up 50.
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3
LinkedIn says these are the 25 most attractive startups to work for in India

2018-09-18 moneycontrol
The world’s largest professional network, LinkedIn, on Tuesday announced the 2018 LinkedIn Top Startups List for India, revealing the 25 most-wanted startups by professionals.
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4
Sensex, Nifty turn choppy on global rising trade war concerns

2018-09-18 freepressjournal.in
Mumbai: Benchmark indices turned volatile in early trade Tuesday on escalating global trade concerns after US President Donald Trump announced new tariffs on an additional USD 200 billion worth of imports from China.
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Vodafone Idea to merge Aditya Birla Telecom

2018-09-17 livemint
New Delhi: Telecom operator Vodafone Idea Limited will merge Aditya Birla Telecom Ltd, which holds 11.15% stake in telecom infrastructure firm Indus Towers, with it.
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5
Sensex tanks 400 points on weak global cues; Nifty down 100 points

2018-09-17 freepressjournal.in
Mumbai: Weak global markets amid the US-China trade concerns plunged the key Indian equity indices on Monday afternoon, with the S&P BSE Sensex losing around 400 points so far. The wider NSE Nifty50 also lost over 100 points during the intra-day trade. Among the sectors, heavy selling pressure was witnessed in banking, consumer durables and auto stocks. Globally, market sentiments were subdued on reports that the US might announce fresh tariffs on Chinese imports.
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5
Sensex cracks 350 points on profit-booking, weak global cues

2018-09-17 freepressjournal.in
Mumbai: The benchmark BSE Sensex sank over 350 points in early trade Monday after two sessions of gains as investors cashed profits in consumer durables, banking, oil & gas and PSU stocks, amid fresh weakness in the rupee and weak global cues.
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An evening walk down Dalal Street | Photo finish on D-Street! Sensex ends over 350 points higher, Nifty races past 11,500

2018-09-14 moneycontrol
It’s a perfect photo finish for D-Street! The Nifty raced past 11,500 and ended the session above that mark. This is contrary to the negative moves that the market had in the first couple of days of the week.
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Bharti Airtel picks banks for London IPO of Africa business: Report

2018-09-14 livemint
London: India’s biggest mobile carrier Bharti Airtel Ltd has chosen UBS, JP Morgan and Citi to coordinate the London initial public offering of its Africa business, two sources familiar with the matter said.
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