Author : wirecable

With this acquisition, Sterlite Power owns 100% stake in its transmission business. Jan 29, 2018 Sterlite Power today acquired the 28.4 per cent stake in its transmission business from Standard Chartered Private Equity (SCPE) for Rs 1,010 crore. With this acquisition, Sterlite Power owns 100 per cent stake in its......

The ‘new RCom’ also announced a USD 600-million investment to build a 68,000-km undersea cable network that will carry data to Europe and Hong Kong from its headquarters. February 16, 2018 Three weeks after announcing a new revival plan to limit its focus to B2B opportunities, Reliance Communications said shutting......

The cable landing station will connect the east coast to Andaman and Nicobar Islands, Myanmar, south-east Asia and onwards. February 18, 2018 Mukesh Ambani-headed Reliance Industries (RIL) has sought the Andhra Pradesh governments support for setting up an international submarine cable landing station (CLS) at Visakhapatnam, an official said today.......

The Govt.’s investment is for improving the telecommunication network in the northeastern states and along the National Highways in the region. January 18, 2018 The Union Minister of State for Telecommunications Manoj Sinha announced this while in Guwahati to review the implementation of BharatNet and other major telecom projects in......

The acquisition of assets by Jio is likely to put ahead of its rivals Bharti Airtel and Idea+Vodafone. January 2, 2018 Reliance Jio Infocomm’s (Jio) 4G footprint after acquiring spectrum from Reliance Communication (Rcom), could potentially be higher than Bharti Airtel and the new company formed post Idea and Vodafone......

Tata group earlier has entered into an agreement with Bharti Airtel to sell mobile business of Tata Teleservices, which has debt of around Rs 40,000 crore. January 25, 2018 Investment firm TPG Global led consortium is believed to have placed bid of about USD 1 billion for optical fibre asset......

PolyOne currently produces color and additive concentrates and engineered polymer solutions at the Pune facility. February 7, 2018 PolyOne Corporation announced it expects to begin production of thermoplastic elastomers (TPEs) this summer at its existing facility in Pune, India. PolyOne currently produces color and additive concentrates and engineered polymer solutions......

“The acquisition of the SKS companies strengthens Lapp’s leading role in cable harnessing and our market position in North-Eastern Europe,” said Andreas Lapp, Chairman of the Board of Lapp Holding. January 1, 2018 Lapp Group acquires SKS Automaatio and SKS Connecto in Finland and Poland. “The acquisition of the SKS......

The new factory will be the most modern wooden reel manufacturing plant in the world. This will be the fourth factory of the Brazilian Group Madem. February 7, 2018 Madem-Moorecraft Reels USA, Inc. announces final preparations for the beginning of operations of the new factory. The production is set to......

The move is inspired by government’s measures including the proposed separation of the wire and electricity supply business. January 9, 2018 Attracted by proposed power sector reforms and India’s potential, Italy’s Enel Group is exploring the possibility of entering India’s electricity distribution business, according to a media report. The interest......