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AIRCEL DEAL
Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from EdelweissOmkara Asset Reconstruction Company and Oaktree Capital Management have acquired GTL Infrastructure's debt. The deal, valued at ₹1,200 cror...- NCLT allows Airtel to retain Rs 112-crore from Aircel paymentNCLT order comes on the back of long dispute over settlements between Airtel and Aircel, which is in the midst of insolvency proceedings.
- Top govt officials term Rajeshwar’s allegations against Adhia as baselessStatement came on a day when SC allowed the govt to probe charges against Singh and RS MP Subramaniam held a press conference alleging inte...
- RCom, Aircel merger deal on sticky groundSC had earlier this year threatened to cancel Aircel’s licences if the top executives of its Malaysian parent, Maxis Berhad, continued to e...
- 'Running against time' to close Aircel deal: Reliance Communications to NCLTRepresenting the company, senior counsel told tribunal at a hearing that RCom is also in talks to address major lender China Development Ba...
- Gave approval to Aircel-Maxis deal in normal course of business: ChidambaramChidambaram's remarks comes a day after the Supreme Court asked the CBI to file status report on the probe being carried out on various asp...
- Reliance Communications, Aircel combined entity to have Rs 25K crore business"The deal is almost in final stage. The merger should be announced within 10-15 days. The resultant entity will have revenue of Rs 25K cr f...
- RCom-Aircel extend merger deal talks again, now by a month to June 22RCom is simultaneously merging Sistema Shyam Teleservices' wireless business with itself. Under the structure being discussed, RCom is like...
- Bharti Airtel to buy Aircel's 4G airwaves in 8 circles for Rs 3,500 croreThe eight circles are Tamil Nadu, Bihar, Jammu & Kashmir, West Bengal, Assam, North East, Andhra Pradesh and Orissa.
- Airtel may buy Aircel 4G airwaves for Rs 3,800 crore; deal to close gap with Reliance JioThe deal to buy Aircel’s 4G spectrum in the 2300 MHz frequency band in eight circles is expected to be finalised by March-end, said two per...
- Controversial Aircel-Maxis deal raised in Lok SabhaHe claimed that CBI is delaying questioning the two despite their "absolute involvement" in the deal.
- 2G scam: Supreme Court refrains from passing order on Janata Party chief Subramanian Swamy pleaThe Supreme Court refrained from passing any order on the plea by Subramanian Swamy questioning the FIPB clearance granted to Aircel-Maxis ...
- Uproar over P Chidambaram's alleged role in Maxis-Aircel dealOpposition BJP and AIADMK today created a storm in Parliament over the alleged role of Home Minister P Chidambaram in the Maxis-Aircel deal.
- CBI likely to make Suneeta Reddy witness in Aircel caseThe CBI may be use Apollo Hospitals Joint Managing Director Suneeta Reddy as a witness to shed light on the Aircel-Maxis deal. Reddy holds ...
- Maxis-Aircel deal: C Sivasankaran loses case; Singapore panel tells Siva Ventures Limited to pay $ 7 millionThe arbitration panel, in its award last week, said Maxis had bought 100% (of Aircel) "through a commercial arm's length transaction".
- Questionnaire on Aircel deal for MaranThe CBI is preparing a questionnaire for former telecom minister Dayanidhi Maran in connection with the preliminary enquiry (PE).
- Aircel deal case: CBI collects documents of Standard Chartered Bank, Maxis Communications & SivaShantigram hands over copies of documents pertaining to three-way correspondence between the bank, Maxis Communications & Siva.
- RCOM deal is a synergistic fit: Manoj TirodkarGTL Infrastructure is making waves in the telecommunication tower market for the second time in the year. After closing the largest acquisi...
- Tata-Quippo eyes PE funds for Aircel armTata-Quippo is in advanced stages of negotiations with New York-based private equity fund Apollo Management to finance acquisition of cellu...
- Datacom inks $400 mn tower sharing deal with AircelTelecom service provider Datacom Solutions today signed a $400 million tower-sharing agreement with Aircel for getting access to the latter...
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