Adani opts out of US funding for Colombo Port project

Billionaire Gautam Adani's group has pulled out of a loan deal with a US agency to fund a port terminal in Sri Lanka, saying it will use its own resources for the project. Image used for......

Vodafone sells 18% stake in Indus Towers for Rs 15,300 crore

British telecom player Vodafone on Wednesday said it has sold an 18 per cent stake in Indus Towers for 1.7 billion euro (about Rs 15,300 crore). Photograph: Toby Melville/Reuters Meanwhile,......

Promoters Sold Rs 87,000 Crore Of Shares

Prominent exits by promoters included a Rs 15,300 crore share sale in Indus Tower by Vodafone Plc, a Rs 9,300 crore share sale by the Tata group in Tata Consultancy Services. Illustration: Dominic......

Voda Idea plans to raise about Rs 45,000 cr via equity, debt

Vodafone Idea board on Tuesday approved a fund-raise of up to Rs 20,000 crore through a combination of equity and equity-linked instruments, the crisis-ridden telco said, adding promoters will also......

Torrent Group acquires 67% stake in Gujarat Titans

IMAGE: The acquisition marks Torrent Group's foray into India's rapidly growing sports sector. Photograph: Kind Courtesy Gujarat Titans/X Ahmedabad-based Torrent Group has completed the......

Now, Saudi Arabia in race for Manchester United?

IMAGE: A deal for the record 13-times English Premier League winners is likely to exceed the biggest sports deal so far, the $5.2 billion - including debt and investments - paid for Chelsea,......

IOC reassures anxious Japan Olympics will be safe

IMAGE: International Olympic Committee (IOC) president Thomas Bach delivers an opening speech on a screen at a meeting of the IOC Coordination Commission for the Tokyo 2020 Olympics, as Tokyo......