internet | inves4: Indian Equity Investing

Jio forms JV for satellite broadband services in India. A piece that was missing has been tied up.

Now a days nothing escapes Reliance’s attention. Gone are the days when it used to be extremely averse to do tie-ups/ JV’s. With next generation getting a bigger say and future becoming more and more unpredictable, Reliance seems to have decided – ‘we can not play a wait and watch’ and more importantly ‘we can … Read more

Sunil Mittal bids for SoftBank-backed satellite firm OneWeb

The bankrupt satellite firm whose investors include SoftBank Group Corp., people with knowledge of the matter said. An arm of Mittal’s Bharti Enterprises Ltd. conglomerate made an offer for London-based OneWeb with backing from the U.K. government, according to the people, who asked not to be identified because the information is private. The U.K. government … Read more