The report quoted SingTel chief executive officer (CEO) Chua Sock Koong as saying that the talks were "at an extremely preliminary, exploratory stage". The company's CEO for international operations, Lim Chuan Poh, was quoted as saying that it was too early to determine if Bharti would make a bid for MTN or whether SingTel would provide financing for the deal. The executives were talking at the company's annual results event in Singapore.
Private equity investments into domestic companies fell sharply year-on-year by 42 per cent to $23.3 billion in 2022, which is the lowest since 2019, when it was $15.8 billion, according to an industry report. The numbers reflect the overall funding winter that the startup space in particular, and the overall foreign investments in general have been witnessing since the Ukraine war began last February. Private equity investment inflows into the country fell by a sharp 42 per cent in 2022 from last year to $23.3 billion -- the lowest annual inflows since 2019 when it was a low $15.8 billion, but still relatively elevated compared to historical levels, said Elaine Tan, a senior analyst at Refinitiv, the LSEG business arm that provides financial markets data and insights.
No-frill Gulf carrier Air Arabia on Monday special holiday fares from India to Egypt, Greece, Turkey and Jordan for the up coming holiday season to attract woo domestic travellers.
'While we do some metro-to-metro flying, we have got a lot of metro-to-non-metro cities like Bengaluru-Visakhapatnam, Bengaluru-Bhubaneswar, Bengaluru-Guwahati and Bengaluru-Kochi.'
With an interesting twist on the concept of super heroes, and using strong high-tech, Megamind is expected not to lure millions of comic book fans but also those who love a adventure with interesting twists and a few moral lessons.
Boeing Company on Monday said the Indian civil aviation sector would require 856 new commercial jet airplanes worth over $72 billion over the next 20 years.
Coca-Cola pledged on Tuesday to conserve seven of the world's most critical river basins under a $20 million plan but skipped India, where it faces protests for allegedly depleting ground water.
Ducks, rice and human beings -- and not chickens are the "most significant factors" behind persistent outbreaks of bird flu, a new study has claimed. The study released by United Nations Food and Agriculture Organization (FAO) found ducks, rice and people not chickens to be the "most significant factors" in the spread of the bird flue in Thailand and Vietnam.
Domestically, Indians are exploring popular beach destinations, the hills of Himachal Pradesh and Uttarakhand, and the North-Eastern region as well.
Regardless of where you want to go, you can make it the holiday you want it to be - without burning a hole in your pocket - by paying attention to the following simple tips.
'Manipur is critical to India's Look East policy.' 'It's a strategic state. In the Second World War, the Japanese entered Manipur through Burma.' 'China can use the same direction to approach India.'
An Indian scientist, Modadugu V Gupta, has been named winner of the $250,000 World Food Prize for his work to enhance nutrition for over 1 million people, mostly very poor women, through the expansion of aquaculture and fish farming in South and Sout
While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.
An ardent fan of F1 driver, Max Verstappen, Yuvraj keenly follows the Scuderia Ferrari Formula1 team.
Private equity player Everstone Capital has sold Modern Foods, which it had taken over in early 2016 from Hindustan Unilever, to Mexican baking major Grupo Bimbo for an undisclosed sum.
Leading integrated media and entertainment company UTV Software Communications Ltd has decided to divest its entire stake in United Home Entertainment Ltd to the Walt Disney Company
'Studying History, we come close to all of the messiness of human life -- we understand what motivates people, what makes them get along or go to war, what dreams they had for themselves and their futures.'
Air India on Thursday increased the fuel surcharge component in fares on several routes.
Hospitality firm OYO is looking to raise $600 million (over Rs 4,380 crore) in debt from the US institutional investors to service its existing loans, sources in know of the matter said on Thursday. The company is raising $600 million in a term loan B (TLB) structure, the sources said. The company is taking the TLB to service its existing loans which are on higher interest rates, they added.
Around 15 venture funds from the US and Southeast Asia will be making investments in the Indian real estate sector through the FII route
The thick haze that has blanketed parts of Southeast Asia is threatening to disrupt this weekend's World Cup swimming meet in Singapore, with officials considering cancelling the two-day event if the air quality worsens further.
After allowing private Indian carriers to operate to the UK and Southeast Asia, government on Friday permitted Jet Airways to launch operations to New York from the ensuing summer season starting April.
President Xi is also skipping the ASEAN (Association of Southeast Asian Nations) and East Asia summits in Jakarta this week.
US, India, Australia and Japan have forged an international coalition to coordinate relief and reconstruction efforts in the region, US President George Bush said Wednesday.
'What India needs to do is to re-build those cultural links in a way it didn't.' 'Clearly, India needs to wake up and spend more time on ASEAN.'
A Human Rights Watch report says the US abuse of prisoners in Iraq and Afghanistan has given other nations an excuse to torture terror suspects.\n\n
However, according to some social media reports, the Civil Aviation Administration of China has allowed IndiGo to operate seven flights a week to Chengdu and Guangzhou from New Delhi and Kolkata, respectively
As the largest producer of vaccines in the world, with 60 per cent of the global share, India is well-positioned to use its existing manufacturing capabilities to contribute to mass vaccine production and distribution needs for other countries in addition to meeting its domestic requirements, said Moody's.
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