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This is an archive article published on September 30, 2009

Bharti-MTN deal called off

Bharti Airtel called off the much-hyped USD 23 billion deal for amalgamation with MTN.

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Bharti Airtel on Wednesday called off the much-hyped USD 23 billion deal for amalgamation with South Africa’s MTN after nearly four month-long intense discussions.

“The deal has been called off,” Bharti spokesperson said.

This is the second time in less than two years the Indian corporate giant called off the negotiations in a deal to acquire control of South African major that has presence in 21 countries with about 100 million subscribers.

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Who is Nupur Bora? Assam bureaucrat raided, Rs 92 lakh cash and gold found
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Assam CM's Special Vigilance Cell raided 4 locations linked to ACS officer Nupur Bora, recovering Rs 92 lakh cash and gold jewellery. Bora, 36, is being investigated for profiting from sale of land owned by Hindus to Muslims. Her social media profile portrays a normal life, but also includes posts about her work and a connection to the case.

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