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Tech Mahindra is going to acquire K-Vision for $1.5 million in an all cash deal to support the roll out of its 4G and 5G network in Japan. The deal between the two companies is expected to close by the…
According to S&P Global Ratings, Bharti Airtel’s proposed rights issue of up to Rs 250 billion is not enough to stabilise its credit rating. The agency believes that there is a negative outlook, which is an indication of rating downgrade.
Sify technologies has reported a 10 per cent increase in its revenues from Rs 5,228 million during the quarter ended (QE) December 2017 to Rs 5,732 million during the QE December 2018.
Fitch Ratings has downgraded Reliance Communications owned (RCOM) Global Cloud Exchange (GCX) Limited’s long term foreign and local currency issuer default ratings (IDRs) to CC from CCC.
Ericsson has announced its fourth quarter and full year results 2018. Sales as reported increased by 10 per cent YoY and sales adjusted for comparable units and currency increased by 4 per cent.
Wistron Infocomm Manufacturing India, an original equipment manufacturer (OEM) and original design manufacturer (ODM), has increased its authorised share capital from Rs 1.85 billion to Rs 30 billion, thereby signalling a fresh round of capital infusion in the country.
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- Bharti Airtel sells 32 per cent stake in Bharti Infratel to Nettle
- Google acquires Sigmoid labs for an undisclosed amount
- Cybersecurity startup CloudSEK raises $2 million in a pre- Series A round
- Bharti Airtel International pre-pays a debt of over $995 million
- Lenovo group’s smartphone business reports sales of Rs 68.81 billion during FY 2018 in India
- RCOM and SEBI settle case regarding violation of listing norms
- Mphasis acquires Stelligent Systems for $25 million
- Tata Communications delivers strong revenue, EBITDA and PAT growth
- Subex reports revenues of Rs 880.6 million during quarter ended September 2018
- Global investors to invest $1.25 billion in Airtel Africa through primary equity issuance
- myGate raises Series A funding worth Rs 650 million
- Bharti Airtel secures full commitment from leading global banks to refinance € 1 billion debt
- Tech Mahindra partners with Israel Aerospace Industries to offer cybersecurity solutions
- Cognizant acquires SaaSfocus; deal expected to close in Q4 2018
- Tanla Solutions acquires Karix Mobile at an enterprise value of Rs 3.4 billion
- Cisco reports impressive results in Q4 2018, driven by its software business
- Paytm acquires Bengaluru-based Balance Technology to improve user and merchant interfaces
- Apple posts revenue of $53.3 billion in April-June quarter, 2018
- Samsung posts $13.3 billion in operating profit for April – June 2018
- Jio reports net profit of Rs 6.12 billion during April-June 2018
- Nokia releases financial report for the second quarter of 2018
- Airtel posts consolidated net profit of Rs 973 million for QE June 2018; Indian revenues dip
- Vodafone India’s service revenues declined by 31 per cent YoY during April-June 2018
- Bharti Infratel’s net profit decreased by 4 per cent YoY during quarter ended June 2018
- Sify reports revenues of Rs 4,683 million during Q1 of 2018-19
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