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MTN, Reliance call off talks

MTN, Reliance call off talksBy Gugulakhe Lourie and Rina Chandran of ReutersJOHANNESBURG/MUMBAI -- South African mobile phone group MTN and India's Reliance Communications called off talks aimed at creating a top-10 global telecoms group, saying they could not reach a deal.MTN, sub-Saharan Africa's biggest mobile phone group, and Reliance Communications, controlled by billionaire Anil...

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Reliance Comm shares up, keep MTN deal hopes alive - Reuters India

Reuters India - 3 hours agoBy Rina Chandran MUMBAI (Reuters) - Shares in Reliance Communications rose nearly 3 percent on Friday, as investors shrugged off the latest twist in a family squabble and kept alive hopes for a deal with South Africa's MTN Group to create a top-10 ... Sify Economic Times

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India's Bajaj Auto beats estimates

India's Bajaj Auto beats estimatesBy Rina Chandran of ReutersMUMBAI -- Bajaj Auto Ltd, India's second largest motorcycle maker, posted a net profit of 1.75 billion rupees ($43 million) in its fiscal first quarter, beating estimates, as it rode sales of higher-margin motorbikes.Bajaj Auto, which relisted in May following a restructuring which split the manufacturing and financial services...

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South Africa's MTN extends exclusive talks with Reliance - Reuters India

Reuters India - 2 hours agoBy Gugulakhe Lourie and Rina Chandran JOHANNESBURG/MUMBAI (Reuters) - South African mobile phone operator MTN Group and India's Reliance Communicationshave extended exclusive talks on a potential tie-up to create a top-10 global telecom group. Hindustan Times

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Reliance Comm shares up on MTN deal clarity hopes - Reuters India

Reuters India - 1 hour agoBy Rina Chandran MUMBAI, July 4 (Reuters) - Shares in India's Reliance Communications Ltd (RLCM.BO: Quote, Profile, Research) bounced on Friday in a firm Mumbai market, on expectations that some clarity may soon emerge on the status of its exclusive ... Business Standard Sify

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Tata Motors completes acquisition of Jag, Land Rover

... chief executive of Jaguar and Land Rover, will be the new chief executive, it said.(Reporting by Rina Chandran; Editing by John Mair)