Liability goes up by Rs 1,000 cr for every Rs 1 change in $ exchange rate Indian companies that went on a massive acquisition drive abroad in recent years are now realising they will have to now......
India's largest cellular service company Bharti Airtel will invest $600 million in Nigeria's mobile market following its take over of Zain Telecom's African business for around SUD 10.7 billion.......
Zain Telecom on Wednesday said it would earn $3.3 billion from sale of its African assets to Bharti Airtel for $10.7 billion even as the Indian operator said the deal is well-priced. In a filing......
Minutes after signing the agreement to acquire Zain Africa, Sunil Bharti Mittal spoke to Business Standard over the phone from Amsterdam.Excerpts:What are the next steps after signing of the......
Bharti Airtel is expected to sign the $10.7-billion deal with Kuwait's Zain tomorrow to acquire its African assets, says a media report. Once the deal is through, Bharti Airtel would be the......