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National Investment & Infrastructure Fund picks majority stake in iBus Network for $200M

National Investment & Infrastructure Fund picks majority stake in iBus Network for $200M
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.

India , Bharat , Ram-sellaratnam , Vinod-giri , National-investment , Master-fund , Bus-networks , Bus-network , Infrastructure-fund-ltd , Managing-partner ,

NIIF picks up majority stake in iBus for $200 million; startup eyes acquisitions in IBS, managed Wi-Fi, ET Telecom

iBus aims to leverage freshly raised funds towards scaling its operations through organic and inorganic initiatives. It also aims to further strengthen its position in in-building solutions (IBS), outdoor small cells and managed WiFi services while expanding its presence in new emerging sectors such as Internet of Things (IoT) solutions.

United-states , India , American , Ram-sellaratnam , Vinod-giri , National-investment , Morgan-stanley , D-vois-communications , Infrastructure-fund , Wire-group , Bus-networks , Master-fund

NIIF opens a $200 million wallet for this digital infra firm

Once concluded, this will be the NIIF Master Fund’s second investment in digital infrastructure

Bengaluru , Karnataka , India , Ayana , Uttar-pradesh , Vallabh-bhansali , Morgan-stanley , Japan-nomura-holdings , Master-fund , Ubico-networks , Haven-india-infrastructure-fund , Bus-networks

iBus: NIIF to acquire Morgan Stanley-backed in-building connectivity firm iBus for Rs 1600 crore

NIIF is set to acquire a majority stake of 55-60% in iBus Networks, a leading provider of in-building wireless solutions in India, for Rs 1,600 crore ($200 million). The current minority stakeholder, Morgan Stanley India Infrastructure Fund, will retain its position, and the company's management will continue to run the business. iBus Networks offers in-building sharing (IBS) and last-mile connectivity solutions, serving clients such as Airtel, Jio, and Vodafone Idea.

Japan , India , United-kingdom , Mumbai , Maharashtra , Japanese , Subash-vasudevan , Sandeep-mehta , Sunil-menon , Vallabh-bhansali , Sanjiv-aggarwal , Ram-sellaratnam

Budget 2024: Telecom infrastructure providers seek simpler GST regime, ET Telecom

Telecom Infrastructure Providers: The Delhi-based group has also written to the Union Minister of Finance & Corporate Affairs Nirmala Sitharaman, seeking support for the telecom infrastructure industry in the upcoming budget.

Delhi , India , Dipa , Assam , Digital-infrastructure-providers-association-dipa , Crest-digitel-american-tower-corporation , Bus-networks , Union-budget , Corporate-affairs-nirmala-sitharaman , Ascend-telecom , Digital-infrastructure-providers-association

Budget wishlist: Telecom infra providers bat for availability of input tax credit

Telecom infrastructure providers are seeking availability of input tax credit, an increase in tax depreciation rate, and rationalisation of TDS provisions in their Budget wishlist. Measures to facilitate ease of doing business will increase investment and contribute to the industry's long-term growth. The telecom infrastructure industry is also seeking government support for the availability of input tax credit on telecom towers and the rationalisation of TDS provisions on purchase of electricity and purchase of diesel.

New-delhi , Delhi , India , United-states , American , Nirmala-sitharaman , Digital-infrastructure-provider-association , Union-budget , Ascend-telecom , Bus-networks , Summit-digitel , American-towers

Budget 2024: Telecom infra providers bat for availability of input tax credit

Budget 2024: Telecom infra providers bat for availability of input tax credit
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India , United-states , American , Nirmala-sitharaman , Digital-infrastructure-provider-association , Bus-networks , Union-budget , Ascend-telecom , Summit-digitel , American-towers , Indus-towers , Cloud-extel

ITI Limited organizes Conclave for Startups, MSMEs & Vendors

ITI Limited organizes Conclave for Startups, MSMEs & Vendors
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India , Bangalore , Karnataka , Abhijit-chaudhary , Rakesh-chandra-tiwari , Ram-sellaratnam , Telecom-testing-lab , Lekha-wireless-solutions , Research-development-center , Radiot-solutions , Reliability-lab , Technology-development

EV solutions provider Magenta snags fresh Series A1 funding

Electric mobility solutions provider Magenta Mobility has raised $22 million (around Rs 180 crore) as part of a Series A1 funding from Morgan Stanley’s India-focussed ......

Bengaluru , Karnataka , India , Mumbai , Maharashtra , Chennai , Tamil-nadu , Mysuru , Delhi , Hyderabad , Andhra-pradesh , Maxson-lewis

Here's the next sunrise sector for global investors

Given the proven market potential across the domain of opportunities and overall optimism in the space, India’s digital infrastructure space is attracting substantial interest from institutional and strategic investors

Mumbai , Maharashtra , India , Bus-networks , Data-infrastructure , I-squared-capital , Indus-towers , Crest-digitel , Vodafone-idea , Data-infrastructure-trust , Summit-digitel