sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« Mergers and Acquisitions »
 Wipro Consumer Care scouts for acquisitions in developing countries
 Top 5 most interesting mergers and acquisitions of the past year
 Vodafone, Idea merger in process; likely to be completed by May
 Indian auto component makers are hungry for overseas acquisitions
 Nine digital health mergers and acquisitions from the first quarter of 2018
 Deals of the day-Mergers and acquisitions April 2, 2018
  Deals of the day-Mergers and acquisitions March 28, 2018
 Top 7 M&A deals in India: Who joined hands with whom and for how much?
 Manipal Hospitals buys Fortis Healthcare: A look at major mergers and acquisitions in the pharma industry
 Deals of the day-Mergers and acquisitions March 28, 2018
 Merger and acquisition deal volume at 7-year high in 2017 with 1,022 transactions

Bharti-MTN dual listing linked to full convertibility, says Pranab
September, 24th 2009

Dual listing of Bharti Airtel and MTN of South Africa is linked with the full convertibility of the rupee and this aspect is being looked into before taking such a step, Union Finance Minister Pranab Mukherjee said here on Wednesday.

Replying to a question whether he is in favour of dual listing of MTN and Bharti Airtel or not, Mr. Mukherjee said: Dual listing is linked with the full convertibility (of the rupee). So all these aspects have to be looked into.

Confirming that he had talks with his counterpart in the South African government regarding the tie-up between Bharti Airtel and MTN, he said that though he welcomes such a move but certain legal implications had to be cleared first.

When I met the South African Minister, I said that we welcome you. However, in the context of the law of the land, there are legal implications. Those are to be examined and are being looked into now, Mr. Mukherjee said.

In the proposed tie-up between Bharti Airtel and MTN, Bharti will acquire 49 per cent share in MTN while the latter will hold 25 per cent in the newly created combine if the deal goes through.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multimedia Presentations Multimedia Solutions 3D Solutions Corporate Presentations Business Presentations Multimedia Presentation India M

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions