Bharti Airtel is poised to conclude a deal to sell its towers in Africa, which could help the telecom operator rake in as much as $3 billion and help reduce debt. The company has already shortlisted buyers from among four tower companies Helios Towers Africa, IHS, American Tower Corp and Eaton Towers for the sale.
Category: ECONOMY & POLICY
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Merger of BSNL, MTNL, ITI
The proposal to merge the three telecom public sector undertakings BSNL, MTNL and ITI could be one of the first things that the new government could be undertaking. According to sources in the Department of Telecom (DoT), a note for the consideration of the government to this effect is being drafted.
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AP Industrial Infra Corp board approves bifurcation
Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC) is all set for bifurcation. APIIC corporation board has approved the de-merger scheme at its meeting held recently.
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High Level Chinese Delegation meets Senior Officials of Urban Development Ministry
A high level Chinese delegation headed by H.E. Xia Yong, Vice Minister, the Legislative Affairs Office (LAO) of State Council, PeopleÂ’s Republic of China held a bilateral meeting with senior officials of Union Ministry of Urban Development under the chairmanship of Sudhir Krishna, Secretary (UD), in New Delhi recently.
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Supporting urban transport
Delhi Metro which is being referred as one of the shining examples of Indo-Japan collaborations, was the first endeavour in mass rapid transit system in India,
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An experienced hand
Vikas Agarwal is the Business Head of Building & Construction sector at Kirloskar Brothers Ltd (KBL), the flagship company of Kirloskar Group. He has an enriching industry experience and global exposure of 15 years in the field pumps.
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Economy to grow by 6.5 per cent
India's economy will grow by 6.5 per cent over the next four years if there is a decisive mandate in the general elections, CRISIL said. But if there is no clear mandate, the economy could derail further.More than election outcomes,
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Shriram Capital eyes more acquisitions
Shriram Capital is looking at a possible shift in strategy in favour of more acquisitions to expand its businesses. Apart from the acquisitions, Shriram will also focus on entering newer businesses which may be aligned to the current ones
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Mumbai Metro first phase ready
The first phase of the Mumbai Metro, connecting Versova to Ghatkopar in suburban Mumbai, is ready, however, the route fare has still not been fixed by the project developers
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Karnataka to revive infra projects
The Karnataka government is planning to revive a slew of infrastructure projects, including high-speed rail network and an international convention centre near Kempegowda International Airport near Devanahalli.