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BT GROUP PLC
Airtel eyes $2 billion London IPO of mobile money unitAirtel Money, Airtel Africa's mobile money arm, is planning a significant initial public offering. The listing could raise between $1.5 bil...
Bharti Global completes acquisition of 24.5% stake in BT GroupBharti Global, the investment arm of Bharti Enterprises, has successfully acquired a 24.5% stake in BT Group, making it the majority shareh...
View: An Indian billionaire bets on overcoming UK NIMBYsSunil Mittal of Bharti Enterprises praised British Telecom’s prospects following his group’s significant investment in BT Group from Altice...
No intention to bid for UK's BT, Reliance clarifiesReliance Industries on Monday in a stock exchange filing said that the company has no intention to bid for UK telecoms group BT, terming th...
Vodafone lenders approve merger of Indus Towers with Bharti InfratelVodafone Group had announced on September 1, 2020 that it had agreed to proceed with the merger of Indus Towers Limited and Bharti Infratel...
European stocks bounce off lows on virus treatment hopesThe pan-European STOXX 600 index rose 1.3%, mirroring gains for Asian markets after the U.S. health regulator said on Sunday it authorized ...
- British Telecom exits Tech Mahindra; sells 9.1% stake for Rs 1,011 crore
This marks its exit from the Indian IT services firm. Following the announcement, Tech Mahindra shares jumped 3.68% on the BSE .
UK based BT Group sells 14% stake in Tech Mahindra for Rs 1395 croreUK-based BT Group is a co-promoter of Tech Mahindra, with the other being Indian business conglomerate Mahindra and Mahindra Group.
British Telecom begins sale of part stake in Tech MahindraGlobal player British Telecom today began sale of a part of its over 23 per cent stake in IT major Tech Mahindra in the open market.
IT companies like Mphasis, Tech Mahindra, Genpact feel the pinch of having single big clientCompanies are feeling earning pressures due to reduced business and spending cuts by the IT clients based in US and Europe.
- BT Group to wait for Tech Mahindra-Satyam merger before stake sale
UK telecom major BT Group Plc has put plans to sell its stake in Tech Mahindra on hold ahead of the IT firm's merger with Mahindra Satyam.
BT Group to exit from Tech Mahindra, directors resignBT Group owns a little over 23% equity in Tech Mahindra and contributes 37% to company's revenue.
Merger bells ring for Mahindra Satyam, Tech MahindraThe merger will enable the M&M group's tech biz to become the sixth biggest software ser exporter after TCS, Infosys, Cognizant, Wipro and ...
- Tech Mahindra Q2 net profit up 60% to Rs 240 crore
The company expects a sustained growth momentum in its non-BT business and added 807 employees in the second quarter.
- British Telecommunications bags IT contract worth 200 mn euros from BASF
BT has bagged a contract worth 200 million euros (nearly Rs 1,330 crore) from the chemical group BASF to provide networked IT services.
- Tech Mahindra sells 8.07% stake to AT&T for $34.5 mn
Mahindra BT Investment Co has sold its entire 8.07% stake in Tech Mahindra to US-based communications firm AT&T for $34.5 mn. Key facts on ...
- UK telecom company BT to cut 10,000 jobs
Most of those layoffs hit workers employed through outside agencies, contractors and offshore workers. Nations that are to witness rise in ...
- Reports: RBS to cut 3,000 jobs globally
Royal Bank of Scotland will cut around 3,000 jobs worldwide over the next several weeks to reduce costs amid the global financial crisis, a...
- BT Q1 profit down 35%
Shares in BT Group PLC slumped 12 percent on Thursday after Britain's biggest telecommunications company posted a 35 percent fall in net pr...
- BT sells bonds worth 3.07 bn dlr
BT Group Plc, the UK's largest phone company, sold the equivalent of 1.56 billion pounds ($3.07 billion) of bonds in pounds and euros.