INDIA > Telecom Company Tikona to Receive FDI Worth US$ 40 Million

On August 24, 2016 by admin

Based on the recommendations of Foreign Investment Promotion Board, the government of India has approved telecom company Tikona Digital’s issuance of CCDs worth ₹267 crore (US$ 40 Million) increasing its foreign equity to 76.73%....

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NEPAL > Malaysian giant acquires 80 per cent stake in Ncell for 1.36 billion US dollars

On December 22, 2015 by admin

In the biggest ever corporate deal in Nepal’s history, Malaysia-based Axiata has agreed to acquire 80 per cent stake in Ncell, the country’s largest private cell phone service provider, for $1.365 billion (Rs...

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