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  • Business

BAT to sell up to 3.5% stake in ITC via block trade

 British multinational BAT PLC on Tuesday said it plans to sell up to 3.5 per cent stake in India's ITC Ltd to institutional investors through a block trade. Photograph: Dado Ruvic/Reuters In a......

Idea Cellular buys 40.8% stake in Spice

 Aditya Birla group's Idea Cellular has signed a deal to acquire 40.8 per cent stake in Spice Communications for Rs 2,716 crore (Rs 27.16 billion). Idea will benefit operationally by leveraging......

STT-TM to dump Idea deal

 The Singapore Technologies Telemedia (STT) and Telekom Malaysia (TMI) consortium has pulled out of the transaction for acquiring 47.7 per cent stake in Idea Cellular for a consideration of $390......

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