News Digest: Hungama, MTS, Airtel-MTN, Rajasthan Royals, Orkut, DB Corp, ATC-Essar

Quotes

1. “ The discussions are still on. As and when there is any development, we would be happy to share the same with the media. ”

Entities Mentioned

• Google
• Airtel
• Economic Times
• Foreign Investment Promotion Board
• Siddhartha Roy
• Rajasthan Royals
• DB Corp
• XCEL Telecom

1. FIPB Defers DBCorp, Rajashtan Royals Decision India’s Foreign Investment Promotion Board has deferred a decision on DB Corp’s plan for an IPO, which involves a sale from existing promoters, upto 26 percent of the companys post-IPO paid up share capital. A decision on Jaipur IPL Cricket Pvt. Ltd (Rajasthan Royals), which plans to induct 100% foreign [...] More at MediaNama.com (Read Full Article)

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