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Marquee PE firm in talks to buy controlling stake in internet service provider ACT

TMT

13 October, 2020

Marquee PE firm in talks to buy controlling stake in internet service provider ACT

A global private equity firm is in control-deal talks with Atria Convergence Technologies Ltd (ACT), India’s largest non-telco internet service ......

Govt plans to merge loss-making telecom firms BSNL, MTNL

TMT

23 October, 2019

Govt plans to merge loss-making telecom firms BSNL, MTNL

India announced an almost $8 billion plan on Wednesday to help loss-making state telecom providers Bharat Sanchar Nigam Ltd and ......

Govt clears plan to hive off BSNL's telecom tower assets

TMT

12 September, 2017

Govt clears plan to hive off BSNL's telecom tower assets

India approved a plan on Tuesday to hive off mobile tower assets of state-run telecom operator Bharat Sanchar Nigam Ltd ......

Govt puts off decision to sell BSNL stake after Reliance Jio onslaught

TMT

31 August, 2017

Govt puts off decision to sell BSNL stake after Reliance Jio onslaught

India has deferred a decision on selling a stake in state-run telecoms firm Bharat Sanchar Nigam Ltd (BSNL) as falling ......

BSNL and MTNL to get $1.8B refund for surrendering 4G spectrum

TMT

10 January, 2014

BSNL and MTNL to get $1.8B refund for surrendering 4G spectrum

The Union Cabinet has allowed the cash-strapped state-run telecommunications firms Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd ......

Soma Networks Gets $51 Million From India Knowledge Fund, Others

TMT

19 August, 2008

Soma Networks Gets $51 Million From India Knowledge Fund, Others

  US- and India-based wimax company has received private equity funding of $51 million. The investors in this round of funding ......

News Roundup: Suzlon Eyes Shanthi Gears, BSNL Unions Reject ESOP Offer

Others

10 August, 2008

News Roundup: Suzlon Eyes Shanthi Gears, BSNL Unions Reject ESOP Offer

Suzlon Eyes Stake In Shanthi Gears – Pune-based Suzlon Energy is in talks to pick up a stake between 50 ......