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Dual listing for Bharti-MTN linked to full convertibility: Mukherjee

Source: NewKerala

Cape Town : South Africa | 2 months ago

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Asked whether his ministry would step into the deal between Airtel and MTN, he said the government would welcome the deal if it happened in compliance with the "law of the land". "There are certain legal implications which are now being examined (by the Finance Ministry)," he said.

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News Stories

MTN deal: Dual listing not possible, says min

News Source: India Abroad | 2 months ago

A policy change on full convertibility of rupee is not possible at present, commerce and industry minister Anand Sharma said in New Delhi [ Images ]. "At this stage nobody is in a position to talk about the policy change on convertibility. However,...
Bharti-MTN deal: Sebi, RBI officials meet SA team

News Source: India Abroad | 2 months ago

The meeting was attended by Sebi executive director Usha Narayanan, Sebi wholetime member Prashant Saran and Reserve Bank chief general manager foreign exchange department Salim Gangadaran among others. The South African delegation comprised top...
Dual listing on Bharti-MTN raises other hurdle

News Source: India Abroad | 2 months ago

Full convertibility is presently not allowed under Indian law and the government is in no hurry on that path...He repeated the comment when asked about convertibility. BS Reporter in Kolkata Source:
MTN deal may hit dead end

News Source: Asian Age | 2 months ago

The finance ministry, Sebi and RBI officials are expected to meet treasury officials from South Africa on Thursday to discuss the irritants holding up the multi-billion Bharti-MTN deal. While the Indian government is keen to help the deal, finance...
Government may support Bharti-MTN deal

News Source: Sify News | 2 months ago

The government may support the proposed $23-billion cash-cum-equity-swap deal between Bharti Airtel and South African telecom major MTN that seems to have run into turbulent weather after new norms on takeover announced by India's capital markets...
Dual listing for Bharti-MTN linked to full convertibility: Mukherjee

News Source: NewKerala | 2 months ago

Asked whether his ministry would step into the deal between Airtel and MTN, he said the government would welcome the deal if it happened in compliance with the "law of the land". "There are certain legal implications which are now being examined (by...

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