Tag Archives: sources

10 Sources of Custom Gift Cards for Small Businesses

With the holidays approaching, now is a great time for businesses to start thinking about tapping into the $124 billion-a-year gift card industry. Gift cards have long been an effective way to boost holiday sales. For small businesses unsure where to start with the marketing and selling of gift cards, fortunately there are a whole host of gift card tools available ... Read More »

Tata Group in talks to acquire Bharti Airtel’s DTH business: Sources

After merging their consumer mobile operations, Tata Group and Bharti Enterprises are now reportedly in talks to merge their DTH (direct to home) businesses. The two companies are also exploring other options like merging Airtel DTH business with Tata Sky. The talks have entered due diligence stage and would take at least a couple of months before being finalised. If ... Read More »

Verizon close to Yahoo deal, price cut of $250-350 million – sources

Verizon Communications Inc (VZ.N) is close to a revised deal to buy Yahoo Inc’s (YHOO.O) core internet business for $250 million to $350 million (£200.7 million to £281 million) less than the original agreed price of $4.83 billion, according to a source briefed on the matter. Since last year, Verizon had been trying to persuade Yahoo to amend the terms ... Read More »

Exclusive: China insurance regulator tightening new license issuance – sources

China’s insurance regulator is making it much tougher for insurers to get new licenses as it seeks to reduce risks resulting from the aggressive business and investment practices of some players, said three people with knowledge of the matter. Concerns about the kinds of asset purchases and trading conducted by some insurers and its focus on new solvency rules that ... Read More »

Salesforce still mulls bid for Twitter as shareholders resist – sources

Salesforce.com Inc (CRM.N) is still deliberating whether it should make an offer for Twitter Inc (TWTR.N) in the face of resistance from Salesforce shareholders over the strategic merits and valuation of such a deal, people familiar with the matter said on Monday. Twitter shares have lost as much as a third of their value since Oct. 5 on concerns the ... Read More »

Three big firms pursue Oi creditor protection mandate -sources

Alvarez & Marsal, PricewaterhouseCoopers and Deloitte & Touche are pursuing a mandate to administer the bankruptcy protection process for Brazilian telecommunications group Oi SA (OIBR4.SA), according to two sources familiar with the matter. Oi filed last month for court protection from creditors on 65.4 billion real ($19.9 billion) of bonds, bank debt and operating liabilities, Brazil’s biggest filing ever of ... Read More »

Vodafone picks BofA, Kotak, UBS, other banks for India IPO – sources

British telecoms operator Vodafone has picked Bank of America Merrill Lynch (BofA), Kotak Investment Banking and UBS as joint global coordinators of its Indian unit’s IPO, people familiar with the matter said, kicking off its long-awaited listing plan. The IPO is expected to raise between $2 billion–$2.5 billion, Reuters previously reported, which, at the upper end, would make it India’s ... Read More »