Airtel to challenge DoT demand of Rs 8.2k cr guarantee for Tata Tele deal

ReutersAirtel and Tata Teleservices had announced their merger in Sept 2017.A similar notice was sent to Tata Teleservices.

Foxconn’s Deal With Wisconsin Should Be Revised, Gov. Tony Evers Says

Business|Foxconn’s Deal With Wisconsin Should Be Revised, Gov.Tony Evers SaysImage“The present contract deals with a situation that no longer exists,” Gov.

trade war: Treasury secretary Steven Mnuchin says US open to facing penalties in China trade deal

46 PM ISTAFPUS Treasury Secretary Steven Mnuchin.“There are certain commitments that the United States is making in this agreement, and there are certain commitments that China is making,” Mnuchin told reporters on Saturday at the IMF meetings in Washington.

How to Deal With Debt Collectors

A collection agency can continue to call you and may take the step of reporting the unpaid debt on your business credit report.It's a good idea to record your conversations with a debt collector, if it's legal to do so in your state.

Trump Says U.S.-China Trade Deal Close, but No Summit Plans Yet

We take a look back at how the world’s two largest economies got to this point.Photo: GettyWASHINGTON—The U.

RBI will come up with revised circular to deal with resolution of stressed assets: Shaktikanta Das

24 PM ISTAgenciesHe further elaborated that the RBI will issue a revised circular under section 35 AA which authorises the central bank to authorise initiation of insolvency in respect of a default.The RBI governor said that the central bank will come up with a revised circular to continue its battle against stressed assets within India's banking system.

What Would a No-Deal Brexit Look Like?

Europe|What Would a No-Deal Brexit Look Like?A no-deal Brexit could also lead to company closings in the food industry.

DSV Reaches Panalpina Merger Deal After Increasing Offer


Danish logistics firm


A/S said Monday that it reached a merger agreement with

Panalpina Welttransport Holding

after increasing its offer to 4.375 DSV shares for each Panalpina share, implying an offer price of CHF195.

JPMorgan’s Role in Nigerian Oil Deal Has Come Back to Haunt It

Now the Nigerian government is demanding some of its money back — from JPMorgan Chase.In the London lawsuit, the Nigerian government is seeking damages from JPMorgan of nearly $900 million.

RCom: Post default, DoT lens on RCom-Jio spectrum deal

We need to get our dues or we (will) revoke the licence for that spectrum,” said an official.The DoT has already served a show-cause notice on RCom for defaulting on the Rs 21-crore spectrum payment.

China Pledges Openness in Hopes of Reaching a Trade Deal

Business|China Pledges Openness in Hopes of Reaching a Trade DealImageA container ship in the Chinese port of Qingdao.Senior American officials are scheduled to come to Beijing in the coming days for trade talks, with Chinese officials then headed to Washington the following week in an attempt to wrap up a deal.

What a U.S.-China Trade Deal Might Look Like

and China are nearing the finish line of a trade dispute that has hurt the world’s two largest economies.WSJ takes a look at what the trade pact could look like and whether the two sides can overcome their biggest hurdles.

Vodafone Idea inks deal to offer ZEE5 content

Under the partnership, the content portfolio of ZEE5 will be available to Vodafone Idea customers on Vodafone Play as well as Idea movies and TV app, the Mumbai-based telco said in a statement Monday.The telecom market leader said its customers of Vodafone Idea can now access the entire content catalogue of ZEE5 via multiple devices.

L&T set to seal Mindtree deal with Café Coffee Day founder VG Siddhartha

KPMG Corporate Finance is the lead adviser to L&T.“This will help him and L&T both as the share transfer will be easier now.

Jet Airways chairman tells pilots he needs more time to finalise rescue deal

He also said that talks for the rescue deal with the airline's biggest shareholder, Etihad Airways, and lenders, led by State Bank of India (SBI), are ongoing.38 PM ISTBCCLSaddled with debt of more than one billion dollars, Jet is struggling to stay afloat.

Baring set to acquire health tech co AGS in Rs 2,230cr deal

BENGALURU: Buyout investor Baring Private Equity Partners Asia is set to acquire AGS Health, a medical revenue cycle management (RCM) company, in a deal valued at $320 million, or Rs 2,230 crore, people directly aware of the matter said.The Chennai and Newark-based AGS provides a host of services, including medical billing, claim submission, denial management and medical coding.

2018 Economic Development Deal Of The Year Silver Award: Alabama

6-billion auto assembly plant, a project that is expected to bring 4,000 direct new jobs to the Huntsville, AL area.CODE NAME: PROJECT NEW WORLD
The site selection team working clandestinely on “Project New World”—the codename given to the $1.

Honorable Mentions: 2018 Economic Development Deal Of The Year

In October 2016, the Henrico Economic Development Authority (HEDA) engaged a large data center project (codenamed Project Echo) through Dominion Energy’s Economic Development team.The Gilbert (AZ) Office of Economic Development (GOED) for Deloitte’s U.

2018 Economic Development Deal of the Year Bronze Award

By the Business Facilities Editorial Staff
From the January/February 2019 Issue
ur judges tapped the Michigan Economic Development Corp.