Tag Archives: Sale of participation

Sales of participation in the good way: FM

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 …

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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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