1.Bharati Airtel has entered into a definitive agreement to acquire Tikona Digital netwroks 4G business for 1600 crore,including spectrum and 350 sites in five telecom circles.With this acquisition Bharati Airtel will have spectrum in 2300 mhz bad in all circles.
2.National Company Law Tribunal(NCLT) approved the metals and mining firm Vedanta's Merger with its cash rich oil subsidiary Cairn India,paving the way for the world's 4th largest resource company after BHP billition,Rio tinto and Glencore plc.
3.Competition Commission of India has approved a 11000 crore proposed transaction involving the sale of the tower division of Reliance Infratel limited,a subsidiary of Reliance communications to Brookfield Infrastructure group.
4.Chennai based Repco Finance ltd has signed with National Housing bank for implementation of Credit linked subsidy scheme for middle income group.The scheme will be implemented for a period of 1 year from January 2017 in all towns under Pradhan Mantri Awas Yojana(PMAY).
2.National Company Law Tribunal(NCLT) approved the metals and mining firm Vedanta's Merger with its cash rich oil subsidiary Cairn India,paving the way for the world's 4th largest resource company after BHP billition,Rio tinto and Glencore plc.
3.Competition Commission of India has approved a 11000 crore proposed transaction involving the sale of the tower division of Reliance Infratel limited,a subsidiary of Reliance communications to Brookfield Infrastructure group.
4.Chennai based Repco Finance ltd has signed with National Housing bank for implementation of Credit linked subsidy scheme for middle income group.The scheme will be implemented for a period of 1 year from January 2017 in all towns under Pradhan Mantri Awas Yojana(PMAY).
