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Reliance open to 30% stake sale in Jio

Reliance Industries Ltd, India’s largest private-sector company, is open to offloading up to 30 per cent stake in its telecom venture, Reliance Jio, to a global strategic partner -- a move to......

Ambani ceasefire: Competition or collaboration?

Will Sunday's rapprochement open a Pandora's Box? At first glance, going just by the statements that both Reliance Industries Ltd and R-ADAG released, it seems No. All non-compete and......

Bharti inks $10.7 bn Zain deal

The country's largest telecom service provider - Bharti Airtel - on Tuesday inked a definitive agreement with Kuwait's telecom firm, Zain, to acquire its African assets at an enterprise value of......

Zain has accepted Bharti offer for African assets

The Zain Telecom board met in Kuwait today and is said to have unanimously accepted a $10.7-11 billion (around Rs 51,000 crore) offer from Bharti Airtel to buy its African assets, according to......

MTNL revives bid to enter overseas markets

Growing competition and declining revenues in India have prompted state-run Mahanagar Telephone Nigam Ltd to revive plans to enter overseas markets. This move comes after the appointment of the......

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