Batelco to seek $212 mn from former bankrupt partner C SivasankaranBahrain's telecom firm Batelco has said it will continue to seek USD 212 million from its former partner C Sivasankaran
01 Sep, 2014, 04.47 PM IST
NRI businessman C Sivasankaran seeks bankruptcy protectionNRI businessman C Sivasankaran who rode the telecom wave for two decades is officially bankrupt.
01 Sep, 2014, 10.26 AM IST
Batelco gets freeze order as Siva fails to clear $212-million dues to the telecom operatorThe order mandating worldwide freezing of assets “requires Sivasankaran to give disclosure of his assets,” Batelco said in a statement on J...
22 Jul, 2014, 03.00 AM IST
Batelco wins claim against former mobile investment partnerBahrain's Batelco Group has won a multi-million-dollar claim against its former Indian mobile investment partner Siva Limited and its chair...
18 Jun, 2014, 02.24 PM IST
Sivasankaran suffers a setback in fight with BatelcoSources said that Sivasankaran was not a shareholder in S Tel and that he merely stood guarantee on the request from Batelco chairman.
14 Jun, 2014, 12.38 PM IST
UK court to hear Batelco's $185 million case vs India partner in MayBritain's Commercial Court will hear Batelco's case against former Indian partner Siva and its chairman Chinnakannan Sivasankaran on May 7.
26 Nov, 2013, 04.28 PM IST
Tata Communications signs pact to deploy MPLS PoP in BahrainBatelco customers will also benefit from the agreement as a result of extended international network reach through Tata Communications glob...
11 Oct, 2013, 01.26 PM IST
Reliance Communications surges on hopes of deal with Batelco todayReliance Communications is planning to sell 80 per cent stake in subsidiary Reliance Globalcom to a consortium led by Batelco for around Rs...
10 Apr, 2013, 02.58 PM IST
RComm-Batelco talks in final stagesRComm is in advance stages of talks with Batelco for selling 80 per cent stake in its step-down subsidiary Reliance Globalcom for around 6,...
08 Apr, 2013, 06.50 PM IST
Batelco plans to re-enter India through acquisitionBahrain Telecommunication Co (Batelco) is looking to re-enter India through acquisition of a telcom company, says report.
15 Jan, 2013, 12.49 PM IST
- Legal proceedings started by BMIC to recover $184.79mn: Batelco
Batelco had acquired 42.7 per cent stake in STel via two transactions in May and June 2009 for a total of USD 174.5 million.
09 Nov, 2012, 07.43 PM IST
- Bahrain's Batelco seeks enforcement of pact with India's Siva Ltd
Bahrain's Batelco has said its fully owned subsidiary BMIC Ltd has commenced legal proceedings to enforce an agreement with Siva Ltd and re...
09 Nov, 2012, 12.01 PM IST
- 2G case: Batelco exits STel after SC order; sells stake for $175 mn
Bahrain Telecom became the first global firm to exit the Indian telecom market by selling its nearly 43 per cent stake for $175 million.
13 Feb, 2012, 05.00 PM IST
- Exploring all options for growth in Indian telecom market:Batelco
Bahrain Telecommunications, which holds about 43 per cent stake in Indian telecom player STel, on Thursday said it is "exploring all option...
08 Sep, 2011, 05.38 PM IST
- Batelco plans to increase stake in S Tel to 49 pc
Bahrain Telecommunications Company (Batelco) plans to increase its stake in S Tel to 49% in line with the earlier agreement between both co...
22 Jan, 2010, 02.29 AM IST
- Batelco to raise stake in S Tel to 49 per cent for $50 million
Bahrain Telecommunications Company (Batelco) plans to increase its stake in S Tel to 49 per cent for $50 million, the domestic telco said i...
21 Jan, 2010, 08.19 PM IST
- Siva Group to sell 6.3% stake in S Tel to Batelco
NRI investor C Sivasankaran has decided sell a 6.3% stake in the Chennai-based S Tel to the Bahrain-based Bahrain Telecommunications (Batel...
12 Sep, 2009, 12.03 AM IST