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GTL default: Banks stare at fresh NPAs of Rs 6,000 crore

More than a dozen banks are now staring at Rs 6,000 crore (Rs 60 billion) of fresh non-performing assets, as GTL Infrastructure, a Mumbai-based company in the business of shared passive telecom......

GTL Infra cancels merger deal with Rel Infratel

GTL Infrastructure said on Monday it has called off the deal to merge the telecom tower business of Anil Ambani-led Reliance Infratel with itself."The Non-Binding Term Sheet signed by both parties......

GTL Infra-Rel Infratel merger to be over by Aug

The world's largest independent telecom masts player GTL Infrastructure on Wednesday said its expects to complete the merger of Reliance Infratel's tower operations with itself by the middle of......

India Inc's M&A deal tally hits $25 bn

Driven by Reliance Infratel's $10.86 billion merger deal with GTL Infrastructure, the total value of merger and acquisition deals in the country jumped nine-fold to $24.8 billion in the second......

'People had doubts when we did the Aircel deal'

Manoj Tirodkar, a first-generation entrepreneur and the chairman of GTL Infra, is a busy man.In just two decades, not only has he emerged as a leading telecom infrastructure player in India but......
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Mukesh Ambani

Reliance Industries (RIL), India's largest private company , has tied-up $6.5-billion long-term credit facilities to complete building its 4G... ...

http://businesstoday.intoday.in/story/reliance-industries-readies-long-term-credit-mukesh-ambani/1/219591.html
Reliance Jio raises $750M in debt from Korean firm K-Sure to enable 4G roll-out

For K-Sure, this is the first facility with Reliance Jio and second one with Reliance Group. Reuters Mukesh Ambani Reliance Jio Infocomm... ...

http://www.vccircle.com/news/telecom/2015/05/13/reliance-jio-raises-750m-debt-korean-firm-k-sure-enable-4g-roll-out
Stock markets likely to open negative, says SMC Global

Domestic equity market is likely to open on negative note tracking CNX Nifty futures on the Singapore Stock Exchange. CNX Nifty futures on the... ...

http://businesstoday.intoday.in/story/indian-stock-markets-likely-to-open-negative-may-6-2015/1/218978.html
Hopes expire! Nifty cracks below 8350

The hopes of India bringing back the World Cup have been shattered. The pitches were different but the action was more or less same in cricket and... ...

http://www.indiainfoline.com/article/news-top-story/hopes-expire-nifty-cracks-below-8350-115032600468_1.html
Up, Up and down..Nifty shuts below 8600

The Indian equity market shut in the red for fifth consecutive trading session on Tuesday. Indices which opened with smart gains and kept going... ...

http://www.indiainfoline.com/article/news-top-story/up-up-and-down-nifty-shuts-below-8600-115032400528_1.html

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