Bharti Airtel renews partnership talks with African MTN
Bharti Airtel Ltd, India's largest mobile services provider, said it has renewed its effort for a partnership with Africa's largest wireless carrier MTN Group Ltd (MTN) and is exploring a potential transaction whereby it would acquire a 49% shareholding in MTN and in turn, MTN and its shareholders would acquire an approximate 36% economic interest in the company.

Both Bharti and MTN...

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  • Punjab National Bank's Q4 net profit up 59%
    Punjab National Bank (PNB), India's second-largest state-run lender, reported a 59% higher fourth quarter net profit on increased interest revenues.

    For the quarter to end-March, PNB said its net profit rose to Rs8.65 billion from Rs5.43 billion while revenues, including interest revenues, grew to Rs61 billion from Rs44 billion, same period last year.

    The lender said for the full...

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  • Masala Switzerland

    Enjoy villas, homes, apart-ments, chalets and castles of Switzerland, stocked with MDH (Indian) masalas and utensils, hot plates, microwave oven, dishwasher, television and radio. “Indians have a strong need for Indian spicy food and savouries wherever they travel. Hence we thought of stocking the kitchens of the apartments with Indian spices,” said Amit Talwar of Switzerland Destination...

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