The board of directors of NXTDigital Ltd (NDL) on Wednesday, has accorded in-principle approval for the merger of Hinduja Leyland Finance Ltd (HLFL), a non-banking finance company into NDL, subject to all statutory or regulatory approvals and approval of the shareholders. The proposed acquisition will result in the merged entity
Category: Technology
Data centers to enable India’s trillion$ digital economy growth
India’s data center industry is poised for a sustained period of growth, driven by a diverse range of consumer and demographic trends, says Nxtra by Airtel, the data center subsidiary of Bharti Airtel, India’s premier communications solutions provider, in association
Vi partners with Nazara Tech for gaming service
Leading telecom service provider VodafoneIdea (Vi) Monday, announced the partnership with Rakesh Jhunjhunwala-backed Nazara Technologies Limited, an India based diversified gaming and sports media company, launching a new service called Vi Games.
The new gaming service will offer ove...
Hathway names Panesar strategic initiatives head
The Indian cable television service Hathway Digital has announced the appointment of Tavinderjit Panesar as head of strategic initiatives and broadcast partnerships. The news was shared by Tavinderjit on his LinkedIn account. Panesar will be responsible for content buying and placement strategy,...
VodaIdea to replace Huawei with Nokia as equipment vendor
Nokia is in talks to replace Huawei 4G radio equipment from parts of Vodafone Idea's telecom network in India, in one of the largest swap deals for the Finnish company, three sources familiar with the matter said.
The deal will see Nokia deploying 12,000 5G-ready radio sites and 4,00...
Amazon poised to get EU antitrust okay for MGM buyout
Amazon is expected to win unconditional European Union (EU) antitrust approval for its $8.5 billion buy of US movie studio MGM, people familiar with the matter said, a move that is set to ramp up competition with streaming rivals Netflix and Disney+.
Announced in May last year, the d...