bidder

(This Dec. 8 story has been corrected to show that valuation does not include debt, but buyout would be partly funded by loans by the banks, in paragraph 4)By Makiko Yamazaki, Kane Wu and Ritsuko ShimizuTOKYO/HONG KONG : Japan…

An undated image of flags hoisted in Qatar for the World Cup. — AFP/FileKUALA LUMPUR: Saudi Arabia on Monday became the sole bidder to host the 2027 Asian Cup after India withdrew its bid.The Asian Football Confederation (AFC) said…

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India on Monday withdrew its bid to stage the 2027 AFC Asian Cup with the All India Football Federation (AIFF) declaring that hosting big-ticket events is not among its "strategic priorities" at this juncture. India and Saudi Arabia were…

Reliance Industries is in advanced discussions to acquire German firm Metro AG’s wholesale operations in India, according to people familiar with the matter, as the conglomerate led by billionaire Mukesh Ambani seeks to dominate India’s…

Reliance Industries (RIL) is likely to be the lone bidder for Mangalore-based JBF Petrochemicals, which is up for sale after defaulting on bank loans worth Rs 5,000 crore. Photograph: PTI Photo The lenders for the second time extended the…

A US car dealership giant with a market value of over $7bn was the mystery bidder which made an offer last month for Pendragon, its British peer.Sky News has learnt that Lithia Motors, which is listed on the New York Stock…

India’s biggest ever auction of telecom spectrum received a record Rs 1.5 lakh crore of bids, with Mukesh Ambani’s Reliance Jio leading the auction with Rs 88,078 crore worth of bids, and Airtel coming second with a bid of Rs 43,084 crores.…

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A record over Rs 1.5 lakh crore worth of 5G telecom spectrum was sold in a seven-day auction ending on Monday, which saw billionaire Mukesh Ambani's Jio emerging as the top bidder to consolidate its leadership position. Sources with…