Apr 24, 2013 | Africa, India, News, South & Central Asia
Business Standard Bharti Airtel, this country’s largest mobile telecom carrier by subscriber base, on Tuesday said it had signed an agreement to buy Warid Telecom Uganda. This is expected to help raise its customer base in that country by about 60 per cent. With the...
Apr 24, 2013 | India, News, South & Central Asia
Business Standard 23 April (Mumbai) Today, Padmanabh Sinha, or Paddy Sinha as he is often called in the private equity industry, is a relaxed man. After taking charge of the PE arm of the $80-billion Tata Group, Paddy has added another feather in his cap — he has...
Apr 23, 2013 | Central & Eastern Europe, News
LONDON, April 23 (Reuters) – Private equity group Warburg Pincus has bought a stake of just under 50 percent in Polish cable operator INEA, providing funding to expand its network and make acquisitions. INEA, the fourth largest cable operator in Poland, said...
Apr 23, 2013 | Central & Eastern Europe, News, Russia
Moscow (Reuters) – Russia’s Otkritie Financial Corp, which is in the process of buying banking group Nomos, has dropped plans to merge Nomos with its Otkritie Bank and a third party in favour of a looser tie up. Alexey Karakhan, Otkritie Financial...
Apr 23, 2013 | Central & Eastern Europe, News, Russia
Peter Löscher, Siemens’ CEO and president, said at a press briefing earlier this month that his company is investing €40 million in Russia with plans to set up as many as 90 different R&D centers in tight cooperation with Skolkovo. It is the first German company...
Apr 23, 2013 | Central & Eastern Europe, News, Russia
In a controversial TV program aired yesterday, Ilya Shcherbovich, the president of the UCP fund, which has just acquired a 48% stake in Vkontakte, brought some clarity to his strategy as a major shareholder of Russia’s first social network. Shcherbovich...
