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Eicher-Volvo to form $760 mn CV co via JV |
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Eicher Motors and Volvo will be setting up a separate company for their commercial vehicles business. The company is valued at over USD 760 million. Volvo will be pumping in USD 350 million in the JV, reports CNBC-TV18.... |
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Suzlon to hold 72% in Hansen post-dilution |
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Suzlon's subsidiary Hansen filed for London Listing. It closed at 224 pence v/s an issue price of 175 pence. Tulsi Tanti Suzlon's CMD said their post dilution stake in Hansen stands at 72%... |
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Bharti Airtel to start tower JV with 70,000 towers |
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Akhil Gupta, MD of Bharti Airtel, told CNBC-TV18 that in the proposed tower JV, all telecom companies will be able to share infrastructure. Bharti will start a tower JV with 70k towers... |
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Value emerging in IT stocks: ABN AMRO Asset Mgmt |
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Sameer Narayan of ABN AMRO said he sees some sort of value emerging in the IT sector and hence, these stocks are available at values that can be used as entry positions... |
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