Vodafone sells its stake in Bharti Infotel for $200 million

Vodafone sells its stake in Bharti Infotel for $200 million

The stake represents about a 4.2% interest in the Indian mobile carrier Bharti Airtel, which is also a subsidiary of Bharti Enterprises
Hindalco’s Q4 profit declines 36% to Rs159.53 crore

Hindalco’s Q4 profit declines 36% to Rs159.53 crore

Power and fuel expenses rose 54.87% year-on-year to Rs1,425.72 crore, while finance costs rose 117.3% to Rs466.34 crore
Intel nears $15 billion deal to buy Altera: report

Intel nears $15 billion deal to buy Altera: report

The deal price could be as much as $54 a share, a 15% premium over Altera’s Thursday closing price of $46.97, says the report
Bank of India posts first quarterly loss since 2001

Bank of India posts first quarterly loss since 2001

Bank posts net loss of Rs56.14 crore in March quarter as income falls while provisions and expenses grow
ChrysCap sells Mankind stake to Capital International

ChrysCap sells Mankind stake to Capital International

ChrysCap sold its 11% stake at a price that is 10 times the value of its original investment

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