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Keshav Reddy's Equal AI raises $30 million in round led by Prosus, Tomales Bay CapitalThe round also saw participation from Think Investments, Valiant Fund, PhonePe founder Sameer Nigam, and Zubin Bharti Mittal, among others....
INSIGHT-How Honda's old guard tried, and failed, to oust its CEOHonda is encountering significant disputes as a faction of retired executives pushes for the removal of CEO Toshihiro Mibe. Citing his fail...
African proverb of the day: 'The earth is a beehive, we all...' Here's life lessons on human nature, equality, unity, and why our fates are interlinked despite numerous differencesAfrican proverb of the day explains the message behind the saying “The earth is a beehive, we all enter by the same door.” The proverb high...
ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. B...
The Secret Dance Bees Use to CommunicateHoneybees communicate food locations through a unique waggle dance. This intricate movement, involving body vibrations, guides other bees t...
Tata Communication extends deadline for demerger of surplus landLast year , the NCLT had approved a scheme which will clear the way to de-merge surplus land of nearly 773 acres from Tata Comm into HPIL.
Hiving off tower and fibre assets to help Jio turn more profitable“Hiving off capex-heavy tower or fibre assets into a separate company by telcos is an established and tested model to unlock value, both fo...
Paytm breaking its business into two helped it cut losses by 40%One97’s filings for its valuation before getting SoftBank funds show that it is projected to make revenues of Rs 1,752 crore in FY18.
- Tata Communications plans to hive off data centre business to raise finances
TCL plans to hive off its data centre business into a subsidiary. The company says this business requires investments of Rs 1500 cr.
Power of positive campaigning: Why SP won and BSP, Congress lostRahul Gandhi's campaigning failed to revive the Congress partly because the party’s advertisements failed to connect with people.
- Cabinet note moved to sell VSNL land; may fetch Rs 6,150 crore
Facing a huge shortfall in disinvestment proceeds, the govt is likely to hive off VSNL's surplus land that may fetch the exchequer Rs 6,150...
- RCom may hive off DTH, IPTV businesses into separate entity
Reliance Communications is planning to hive off its direct-to-home (DTH) and Internet protocol TV (IPTV) businesses into a separate company...
- Idea to hive off overlapping licences into two entities
Idea Cellular will hive off six overlapping licences it inherited from Spice Communications that it had acquired last year into two entitie...
- No licence fee on tower infra cos: DoT
Govt has rejected telecom regulator TRAI's proposal that stand-alone tower companies be made to share a certain per cent of their revenues ...
- Tata Tele-Virgin deal gets TRAI clean chit
The telecom regulator also clears Bharti and Vodafone's outsourcing deals, as well as RCOM's dual-company structure. Hot Handsets | Phones ...
- BSNL mulling hiving off infrastructure biz into separate co
Taking a cue from its private sector counterparts, state-run telecom major BSNL is exploring possibilities of hiving off its infrastructure...
- Xcel in race for Spice’s tower arm
Xcel Telecom, which has been incubated by Q Investments, a Dallas-based $4billion multi-strategy fund, is learnt to be in talks to buy out ...
- Xcel in race for Spice's tower arm
Xcel Telecom, which has been incubated by Q Investments, a Dallas-based $4billion multi-strategy fund, is learnt to be in talks to buy out ...
- Temasek may buy stake in Tata Tele arm
TTSL was looking to divest upto 20% stake in its 100% infra subsidiary, which will hold all wireless towers.
- Tatas may hive off tele tower biz
The Tata group is planning to hive off its telecom tower business into a separate company to monetise assets valued at over Rs 1,000 crore.