Global private equity major Blackstone today said Akhil Gupta, who founded and led its operations in India for eight years, will step into a non-executive role.
For the startup ecosystem in India, the scorecard so far has been a mixed bag, observes Akhil Gupta.
Don't download a rent agreement from the Internet or sign blindly on one prepared by the broker.
In 2006, CBI registered a case against six top officials, including Manoj Modi, of Reliance Infocomm which has now been transferred to the Anil Ambani group as part of the family settlement that divided the Reliance Empire.
The Uttar Pradesh government recommended a Central Bureau of Investigation probe into the murder of prime witness Akhil Gupta in a rape case against self-styled godman Asaram Bapu.
In a chat with Business Standard, Blackstone India chairman and managing director Akhil Gupta says the PE player is eyeing investment opportunities in infrastructure and personal consumption-driven sectors and may raise an India-focused fund.
Sunil Mittal-led Bharti Airtel acquired the African business of Kuwait-based Zain in a $10.7-billion deal, which was completed in June.
He likes to try and try again, as the renewed merger talks with MTN have demonstrated.
Bharti Airtel will spend up to $800 million (about Rs 3,565 crore) this fiscal on setting up infrastructure network for its new acquisition Zain Africa.
Bharti Airtel said it might look at diluting some of its equity either at Bharti Airtel or at its tower subsidiary as one of the options to fund the $10.7-billion acquisition of African assets of Zain Telecom.
PwC is the auditor of Satyam Computer Services whose founder Ramalinga raju earlier this month admitted to financial irregularities of about Rs 7,800 crore (Rs 78-billion). The newly-inducted board of the company later hired two foreign audit firms -- KPMG and Deloitte Touche Tohmatsu -- to restate the accounts books.
Bharti Airtel Ltd on Thursday said it is still in talks with South Africa's MTN over a deal which could see a merger of the two telecom giants with a combined revenue of $20 billion.
Bharti Airtel Ltd on Thursday said it is still in talks with South Africa's MTN over a deal which could see a merger of the two telecom giants with a combined revenue of $20 billion. The two companies would be in exclusive talks till July 31.
An Indian firm Vavasi Telecom is trying to rope in Bharat Sanchar Nigam Limited and Mahanagar Telephone Nigam Limited to pick up a stake in Zain.
A close aide of Asaram who was evading arrest in connection with the murder of a prime witness in a rape case against the self-styled godman has been arrested.
Bharti Airtel, India's largest private cellular operator, on Thursday announced an investment of over $2 billion (Rs 9,000 crore) in 2007-08 to expand network.
Bharti Airtel, India's leading private telecom service provider, is keen to acquire a player similar in size to South African giant MTN in the emerging markets to become a global brand, said Akhil Gupta, deputy group CEO and managing director of Bharti Enterprises.
Bharti Airtel, India's leading private telecom service provider, is keen to acquire a player similar in size to South African giant MTN in the emerging markets to become a global brand, said Akhil Gupta, deputy group CEO and managing director of Bharti Enterprises.
Bharti Airtel on Tuesday welcomed the decision of the directors of Vodafone to abstain from its board meeting, in view of the UK-based telecom major's interest in acquiring rival Hutch-Essar.
Bharti Televentures Ltd has appointed Sunil Bharti Mittal, Rajan Mittal and Akhil Mittal as the directors of the company.
Three police teams have been formed to apprehend the 2 assailants who shot dead Akhil Gupta, a witness in the rape case against Asaram Bapu in Surat, on Sunday evening.
Global equity investment and advisory firm Blackstone has said it was open to come up with an India dedicated fund for infusing capital into corporates depending on response to its initial $1 billion investment.\n\nGlobal equity investment and adviso
Taking advantage of liberalised norms for external commercial borrowings to raise upto $500 million through the automatic route, Sunil Mittal-promoted Bharti Group is planning to tap the overseas market next fiscal.
Akhil Gupta got the shock of his life when the CBSE Class 12 results showed that he had got only 13% in Physics though he had scored well in other subjects.
The father of the girl, who was allegedly sexually assaulted by Asaram Bapu, has been threatened by an unidentified person to withdraw the case or face dire consequences.
People living in Mumbai paid an average of 18% more for renting their homes last year. Rents rose on average by 15% in Chennai and 14% in Bengaluru last year.
Within a year of Gopal Vittal becoming the joint MD and CEO of Bharti Airtel's India operations, the company has elevated him as the MD and CEO for Bharti Airtel's operations in India and South Asia.
Telecom operators are not opposed to over-the-top service providers like Skype, Viber, WhatsApp but looking to work in synergy with them, Bharti Enterprises Vice Chairman Akhil Gupta said on Wednesday.
Bharti Airtel is the largest mobile phone operator in the country.
This will be the first time BJP's prime ministerial candidate holds a discussion with IT, telecom czars.
Self-styled 'godman' Asaram's son Narayan Sai, jailed in a rape case, was granted three weeks' temporary bail by the Gujarat high court to attend to his ailing mother, who is schedule to undergo a surgery.
He was allegedly involved in the killings of Asaram's personal doctor Amrut Prajapati in June 2014, his assistant-cum-cook Akhil Gupta in January 2015 and another key witness, Kripal Singh, in July 2015 in different parts of the country, said the release.
He is now in the custody of Rajasthan Police for further probe, city Crime Branch's Assistant Commissioner of Police K N Patel said on Monday.
As per data, call drop situation in Delhi has improved.
The threat may be a decade away, but it has brick-and-mortar sellers rethinking their strategies and banking on the govt to regulate online companies.
After a two year run-in with controversies, telecom sector now looks stable and seems back on its feet with initial investment proposal of over Rs 11,000 crore (Rs 110 billion) received in 2013.
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