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BATELCO EARLIER
Fifteen stocks in focus on Monday, 5 June 2017Andhra Bank and Allahabad Bank have put up for sale nearly Rs 6,000 crore of bad loans
Ajay Piramal buys 'marginal' stake in Chennai-based cab aggregator UtooUtoo, which was launched just over a month ago to compete against Ola and Uber, has been valued at Rs 1,000 crore.
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...
- 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.
- Telecom minister did nothing wrong in 2G sales: DoT to PM
With telecom minister A Raja facing intense pressure from the opposition over allegations that he gave away mobile licences at throwaway ra...
- DoT sends PMO letter defending A Raja
With telecoms minister A Raja facing intense pressure from the Opposition over allegations that he gave away mobile licences at throwaway r...
- S Tel softens stand, tells it may not need licences
The communications ministry appears to have succeeded in its efforts to arm-twist telecom company S Tel, a joint venture between Chennai-ba...
- 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...
- 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...
- CAG probes Raja’s bid to allot licences to new entrants at 2001 rates
After the Central Vigilance Commission (CVC) and the Central Bureau of Investigation (CBI), the Comptroller and Auditor General (CAG) of In...
- STel awards five-year system integration contract to Tech Mahindra
New telecom entrant STel has awarded a five-year IT outsourcing contract to Tech Mahindra, at least two people familiar with the transactio...
- 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...
- Sivasankaran acquires control of S Tel
Siva's investment arm Sterling Infotech Group has bought the stake from two private equity firms - Skycity Foundations and Telecom Investme...
- Sahara group acquires 11.7% in S Tel
The Sahara group has picked up an 11.7% stake in Chennai-based telecom company S Tel, which has licences to operate in several northern and...
- Bahrain Telecom joins race for stake in Spice
Batelco is understood to have joined the race with Idea Cellular, to acquire about 40 % stake held by Telekom Malaysia in Spice.Hot Handset...
- RCOM fails to bag Bahrain contract
The West-Asia entry for Reliance Communications did not take off as the company failed to win the licences for offering fixed-line services...
- RCL shortlisted for Bahrain project
Anil Ambani-owned Reliance Communications is amongst the six companies to be shortlisted for the final round of the two fixed-line licences...
- Reliance Comm lines up bid for Bahrain's fixed wireless service
Anil Ambani-owned Reliance Communications is eyeing the Bahrain market. The company is among the 11 players including Vodafone, who have bi...
- FLAG bags worth $35 mn deal from China Netcom
FLAG Telecom, the global telecom arm of the Anil Ambani-led Reliance Communications, is believed to have won a $35 million worth internatio...
- Rel Comm signs $150-180 mn deal with Middle East
Anil Ambani promoted Reliance Communications has further expanded its footprint on foreign shores by clinching a $150-180 million bandwidth...