Liberty House highest bidder for Amtek Auto acquisition

Liberty House highest bidder for Amtek Auto acquisition

This is a very proud moment for GFG Alliance and for my family, said Sanjeev Gupta on the Liberty House emerging as the highest bidder for Amtek Auto. Photo: Shendrew Balendran/Mint New Delhi: Liberty House, part of Sanjeev Gupta’s global industrial group GFG Alliance, on Wednesday said it has emerged as the successful highest bidder for Amtek Auto Ltd, paving the way for the former’s entry into the Indian market. “Liberty House…is set to make a dramatic entry into India after being chosen as preferred H1 bidder for Amtek Auto assets…

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Govt approves relief package for debt-ridden telecom sector

Govt approves relief package for debt-ridden telecom sector

India’s telecom industry is highly stressed due to intense competition from new entrant Reliance Jio and spectrum auction payments. Photo: Indranil Bhoumik/Mint New Delhi: The government on Wednesday approved a relief package for the stressed telecom sector, easing spectrum-holding caps and extending the payment period for spectrum acquired in auctions to 16 years from 10 years. While the change in spectrum caps is expected to aid telecom sector consolidation, allowing operators to settle their dues to the government over a longer time period will boost cash flows of operators. The earnings…

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Can the ‘Inspiring Women’ Barbie doll series be the answer to gender justice?

Can the ‘Inspiring Women’ Barbie doll series be the answer to gender justice?

Amelia Earhart (left), Mexican artist Frida Kahlo (centre), and mathematician Katherine Johnson, part of the ‘Inspiring Women’ Barbie doll line from Mattel. Photo: AP New Delhi: Mattel, the manufacturer of the iconic Barbie doll, seems to have a canny finger on the pulse of the moment. Just as “inclusion rider” is rolling off the tongues of people across the world, thanks to Frances McDormand’s Oscar speech, and the chorus around the #MeToo movement grows on the internet, it has announced a new line of products that will elevate its own ‘wokeness’…

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