Bharti Infratel IPO subscribed 1.3 times

The biggest initial public offer in over 2 year, made by telecom tower company Bharti Infratel, has received total subscription of over Rs 4,365 crore or 1.3 times the issue size on its last day......

Boardroom battles hot up as top executives step down

Subodh Bhargava, chairman of Viom Networks, has decided to quit, citing his "discomfort about the speed at which the business was growing". Bhargava's decision comes four months after KPMG......

PE investments in 2010 almost double to $7.9 bn

Private equity firms invested $7.97 billion in Indian companies in 2010, almost double than that in the previous year, says a study.According to data compiled by deal space research firm VCCEdge,......

RCom to demerge tower biz, sell stake

Reliance Communications, India's second-biggest mobile operator, has decided to demerge its telecom tower business -- Reliance Infratel (Rel Infra). The company's board has approved a proposal to......