News
Operators braced for India licence fallout
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[Financial Times] - By James Crabtree in Mumbai The day after India's supreme court dramatically cancelled 122 mobile licences Vodafone took out a series of provocative front page newspaper adverts, with the strapline “everybody's welcome to the network you can depend on”
Reliance in $2bn buy-back to reassure investors
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[Financial Times] - By James Crabtree in Mumbai Reliance Industries launched the largest share buy-back in Indian corporate history on Wednesday, in a move designed to stem investor concerns about sagging performance and wayward management focus.
Corporate profile: Ratan Tata
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[Financial Times] - By James Crabtree After more than 10 years of heady international expansion Ratan Tata's message to his employees at the start of this year sounded a decidedly cautious note. The company his ancestors began as a small cotton trading business more than
Ambani loan deals ease Reliance pressure
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[Financial Times] - By James Crabtree He might be one of India's best connected businessmen, but Anil Ambani was still forced to look for new friends far across Asia this week to raise cash for his debt-stretched Reliance empire. On Thursday the Indian billionaire posed
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