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Leaning towers of GTL Infrastructure

It is a tale of two deals: One completed and the other, announced and later aborted. Monday's mysterious crash of the GTL Group shares could have its origin in the deals, said analysts. Exactly......

Why Are Bankers SMILING At Last?

Finance Minister Nirmala Sitharaman's Rs 30,600 crore government guarantee for the bad bank has changed the body language of bankers for the better, observes Tamal Bandyopadhyay. IMAGE: Finance......

GTL default: Banks stare at fresh NPAs of Rs 6,000 crore

More than a dozen banks are now staring at Rs 6,000 crore (Rs 60 billion) of fresh non-performing assets, as GTL Infrastructure, a Mumbai-based company in the business of shared passive telecom......

GTL Infra cancels merger deal with Rel Infratel

GTL Infrastructure said on Monday it has called off the deal to merge the telecom tower business of Anil Ambani-led Reliance Infratel with itself. "The Non-Binding Term Sheet signed by both parties......

GTL Infra-Rel Infratel merger to be over by Aug

The world's largest independent telecom masts player GTL Infrastructure on Wednesday said its expects to complete the merger of Reliance Infratel's tower operations with itself by the middle of......

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