Tejassvi Aaharam, Premium Capital Market, Eveready Industries, Intense Technologies, Continental Controls and Budge Budge Company are six companies that are scheduled to announce their March quarter e
"The post-money enterprise valuation of Nxtra is approximately USD 1.2 billion and Carlyle will hold a stake of approximately 25% in the business upon completion of the transaction, with Airtel contin
The brokerage remains positive on Piramal Enterprises unique positioning in the pharma business with its CDMO services and critical care products.
Domestic stock markets have strengthened further on Wednesday afternoon, building on their early gains, due to buying interest in financial and pharma stocks.
The Carlyle Group will acquire about 25 per cent stake in Airtel's data centre business, Nxtra Data, for USD 235 million (about Rs 1,780 crore), the company said in a statement on Wednesday. This will
For the quarter ended March 2020, the telecom operator posted a consolidated loss of Rs 5,237 crore.
The Carlyle Group will invest $235 million (about Rs 1,780 crore) for about 25 per cent stake in Airtel's data centre business, Nxtra Data, company said on

HIGHLIGHTS

07:01am, Wednesday, 01'st Jul 2020
DEL6 JK-LD ATTACK CRPF jawan, civilian killed in militant attack in J&K's Baramulla Srinagar: At least one CRPF jawan and a civilian were killed while two other security force personnel received i
Bharti Airtel share price rose in an otherwise volatile market after US-based private equity PE firm Carlyle Group that it would buy a 25% stake in Bharti Airtel's data centre business, Nxtra Data for
On completion of the deal, Carlyle will hold about 25 per cent stake in the business with Airtel continuing to hold the remaining stake of about 75 per cent.
On Wednesday, in a stock exchange filing, Bharti Airtel said that the Carlyle Group will invest $235 million for approximately 25 percent stake in Nxtra Data Limited (Nxtra), a wholly-owned subsidiary
Nxtra from Airtel offers secure data centre services to leading Indian and global enterprises, hyperscalers, start-ups, SMEs and governments.
The US-based Carlyle Group will buy a 25 per cent stake in Bharti Airtel's data centre business, Nxtra Data, at a cost of $235 million (Rs 1,774.25 crore at $1 = Rs 75.50).

Nifty Trades Flat, ONGC Drops

04:10am, Wednesday, 01'st Jul 2020
The Nifty and the Sensex opened the day flat, even as most global markets were subdued. Overnight the Dow Jones ended the day with gains, however, Dow Futures were pointing lower for openings on Wedne
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