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Airtel, Axiata defer merger of Bangladesh operations


Telecom major Bharti Airtel and Malaysian firm Axiata have deferred the agreement for merger of their Bangladesh operations till September 26, 2016.

The merger of their Bangladesh business was earlier expected to be completed in the first half of this year.

 Malaysia-based Astro Group looking at a strategic exit from India

Manu P Toms

Amid legal troubles that its founder T Ananda Krishnan is facing in India, Malaysian business group Astro Malaysia Holdings is looking at a strategic exit from the Indian market.

Tata Sons told to pay $1.17 bn in arbitration with NTT DoCoMo


Japanese mobile-phone operator NTT DoCoMo Inc said on Friday an arbitration court has awarded the company $1.17 billion in damages in a dispute with India's Tata Sons Ltd.

Exclusive: Self-publishing platform Pratilipi gets seed funding from Nexus Venture, others

Nishant Sharma

Pratilipi, a Bangalore-based self-publishing e-platform, has raised about Rs 6.3 crore ($925,000) in seed funding from Nexus Venture Partners and other investors, a person privy to the development told VCCircle.