Bharti Airtel Ltd

India: Paytm to start payments bank operations from May 23

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It has received the final nod from Reserve Bank of India.

India: Airtel to restructure shareholding pattern in foreign subsidiaries

Telecom major Bharti Airtel Ltd on Wednesday said it will undertake restructuring of its foreign subsidiaries with an aim to delayer and simplify the structure and bring in synergies among the companies. “The Board of Directors…has approved the company’s investments in its wholly-owned subsidiaries Bharti Airtel International (Mauritius) Ltd (BAIM),… Read more »

India 2016: Cement sector dominates top five M&A deals

Fuelled by a consolidation wave and rising confidence in the country’s economic growth prospects, merger and acquisition (M&A) activity increased to $69.75 billion across 1,195 announced transactions in 2016, beating the previous record of $66.96 billion seen in 2007, when dealmaking was at its peak, according to data compiled by… Read more »

India: Sale of tower assets will help telcos create some value

The fierce battle in the telecom industry is expected to result in a fair bit of M&A (mergers and acquisitions) activity in 2017. Regardless of whether companies move towards consolidation, it looks like there will be some asset sales, especially in the tower infrastructure space. While announcing its September quarter… Read more »