19 Jun, 2013
The Leela Palace, Bengaluru
Friday, November 16, 2012 - 08:58 IST
News Roundup: No takers for Siva's Tata Tele stake
BY TEAM VCC
The group was hoping to sell the Tata Tele stake to raise funds so it could buy back Bahrain Telecom’s stake in its now-closed wireless telephony business.
No takers for Siva's Tata Tele stake: Chennai-based Siva Group, trying to sell its four per cent stake in loss-making Tata Teleservices, could not find any taker among private equities or other investors. Siva Group had mandated JM Financial...
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