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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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