A year ago in October, Tata Group had agreed to sell its loss-making mobile telephony business to Bharti Airtel on "a debt-free cash-free basis".
Last week, Tata Sons said it will invest at least Rs 1,077 crore to hike stake in the BSE-listed hospitality arm Indian Hotels Co Ltd. Citigroup Inc. and Morgan Stanley are the bankers to the sale.
The conglomerate has been planning to raise its ownership over time in five of its largest businesses including Tata Chemicals Ltd. and Tata Steel Ltd., Bloomberg News reported a year ago. The price range represents a 4.2 percent to 5.9 percent discount to its last close.
The holding company is also seeking an offshore syndicated loan, as it seeks to pay down expensive debt at telecommunications unit, people familiar with the matter said last week. The plan is to reduce the considerable debt obligations in the wireless telecom units - Tata Teleservices and Tata Teleservices (Maharashtra) - and to spruce up equity interests in key Tata group companies.
Hawking said making the first moves into space would "elevate humanity" because it would have to involve many countries. He said: "Perhaps one day we will be able to use gravitational waves to look back into the heart of the Big Bang".
Both teams are effectively playing for second, with Man City a massive 18 points head of Liverpool at the top of the league. West Bromwich Albion's woes continued as they slipped to a 4-1 home defeat by Leicester City.
Clifford proposed on Monday that she be allowed to discuss her alleged affair with the president freely after repaying the money. Daniels has since filed a lawsuit alleging the nondisclosure agreement is invalid because Trump never signed it.
We request all the parties to let the house function and hold constructive discussions", the Minister said. The government, he said, was ready to discuss any issue, but since the proceedings remained disrupted.
Boston Celtics star Kyrie Irving will not play in Wednesday's game against the Washington Wizards because of a knee injury. Theis and Smart were both hurt in Sunday's game, with Smart's injury occurring when he dove to the floor.
He added, "I'm grateful to all of our fans for respecting this hard decision and our privacy at this time". The source said Malik and Hadid "have insane work schedules that would put pressure on any relationship".
Gorakhpur Bypoll: BJP's Upendra Dutt Shukla leading with 15577 votes, SP's Praveen Kumar Nishad second with 13911 votes. In Phulpur, SP Nagendra Patel is leading by 12,000 votes with his opposition candidate Kaushalendra Singh Patel.
Foreign companies will have to pay a 25 percent tax for steel and 10 percent for aluminum sold on the United States market. While that is not a lot for the economy as a whole, it would be painful for the individual industry.
As US District Judge Tena Campbell was escorted out of the courtroom, someone called 911 at the end of the released video. An investigation launched into the incident found the officer, who was not named, was legally justified in using force.
Advisor to Delhi CM Arvind Kejriwal resigns
Sisodia said: "They don't want to find a solution". "Mr Sisodia said the BJP could resolve the issue immediately if it wanted to". His tweet said, "Due to the fake fights and the collusion between BJP and AAP, traders are facing a lot of damage".
Case Keenum Reportedly Ready To Sign With Broncos
That included choosing among the draft prospects that include Josh Allen, Josh Rosen, Sam Darnold, Baker Mayfield and others. The 30-year-old will look to help steer the Broncos to a bounce-back season after they went 5-11 in 2017.
U.S. consumer price gains ease in Feb
Economists surveyed by the Wall Street Journal expected consumer prices to rise 0.2% in February, and core prices to rise 0.2%. In January, manufacturing grew by a robust 8.7 per cent, followed by 7.6 per cent increase in electricity generation.
RS Polls: Owaisi to support TRS
The maximum number of candidates fielded by the Congress party are in Karnataka, with 3 nominations, namely Dalit poet L. Three nominated members - actor Rekha, cricketer Sachin Tendulkar and social worker Anu Aga - will also retire then.
Here's how UCLA matches up with St. Bonaventure
He committed 10 turnovers - his previous season high was seven, done twice in an overtime loss to MI and in a win over Kentucky. The Bruins finished the season ranked 9th nationally, but fell in the Pac-12 Tournament championship to Oregon.
Trump Floats Having Space Force
On Tuesday afternoon, Donald Trump made his way to San Diego , California to visit the prototypes for his proposed border wall. And some said a military space force may make it harder to keep Earth's orbit a place of peace. "We have the army, the navy".
Jets to sign QB Bridgewater to one-year deal
Newsday reported earlier on Tuesday that McCown had been promised the team's starting job prior to agreeing to re-sign. The Jets had high hopes going into free agency, since they had the most space available under the salary cap.
Packers to Sign Former Jets DE Muhammad Wilkerson
With Wilkerson now in the fold, the Packers have a formidable defensive line that also includes Mike Daniels and Kenny Clark . The Packers are looking to rebuild a defense that has not finished in the top 10 since their Super Bowl season of 2010.
QB Teddy Bridgewater Finalizing Deal With NY Jets
Your team has added the player they believe will push them back into the Super Bowl for the first time since 1977. Per multiple reports , quarterback Kirk Cousins will sign a three-year, $84 million deal with the Vikings.
Justin Trudeau visits Locke St. during Hamilton visit
President Donald Trump for over a year that there is no national security threat from Canadian steel or aluminum. The North American steel industry is heavily integrated, with raw materials, steel and parts crossing the U.S.
Nikolas Cruz Prosecutors Intend to Seek Death Penalty
Cruz, 19, is accused of killing 17 people at Marjory Stoneman Douglas High School with an AR-15 assault rifle on February 14. The man charged with killing 17 students and teachers at a Florida high school last month will face the death penalty.