Reforms and stake sales in state-owned companies will continue even as India refines rules and procedures to make life easier for companies and strives to achieve self-sufficiency, Finance Minister Nirmala Sitharaman told business leaders on Monday. The government’s program to sell stakes in state-owned companies will accelerate in the coming …
Read More »Bharti Infratel board approves merger with Indus Towers
NEW DELHI: Bharti Infratel’s board approved Tuesday the long-pending merger with Indus Towers Ltd, first announced in April 2018, to create the world’s largest mobile tower operator outside of China. The deal will allow the cash-hungry Vodafone Idea Ltd to sell its 11.15% stake in Indus Towers for ₹4,000 crore, …
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