Bharti Telecom sells 2.75% stake in Airtel for Rs 8,433 cr

The sale proceeds will be fully utilised to repay debt at Bharti Telecom and will make the promoter holding firm a 'debt free company'. Promoter firm Bharti Telecom has sold 2.75 per cent stake in......

US investors' equity clout a mirage

If investors are worried that the liquidity in the Indian bourses will evaporate if thegreenback flows back into the United States for some reason, here is something to put such concerns to......

22 new FIIs came calling in June

Twenty-two new foreign institutional investors have registered with the Securities and Exchange Board of India in June.This is the highest number of FII registrations in a month till date. The......

India story retains charm

Investors from across the globe are making a beeline to buy Indian stocks. Recently, the central bank of Norway, Norges Bank, got registered with the Securities and Exchange Board of India as a......

Three parties interested in buying Formula One, says boss

A race queen stands next to a Ferrari Formula One car at the pit. Photograph: Kim Kyung-Hoon/Reuters Formula One could have new owners by the end of the year with three parties currently......

Formula One faces BIG shake-up after Liberty deal

IMAGE: A race queen stands next to a Ferrari Formula One car at the pit. Photograph: Kim Kyung-Hoon/Reuters. Formula One faces its biggest shake-up in decades with the announcement on Wednesday......

Blackrock, others buy $1.6 bln stake in Formula One

Private equity firm CVC Capital has sold a $1.6 billion stake in Formula One to three investors including BlackRock ahead of the motor racing company's planned $3 billion initial public offering in......