Brookfield Asset Management

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Facebook buys 9.9% stake in Reliance Jio: What does Mark Zuckerberg-led social media giant gain from it?
Business

Facebook buys 9.9% stake in Reliance Jio: What does Mark Zuckerberg-led social media giant gain from it?

Facebook has bought a 9.9 percent stake in Reliance Jio for $5.7 billion (Rs 43,574 crore), the telecom unit of Reliance Industries Ltd (RIL

'Bharti Infratel, Indus Towers merger expected to be completed by August'
Business

'Bharti Infratel, Indus Towers merger expected to be completed by August'

Last year, Bharti Airtel, Idea Cellular and Vodafone Group had announced an agreement for merger of Indus Towers and Bharti Infrate

Hotel Leela Venture to sell four hotels, property to Canadian investment fund Brookfield for Rs 3,950 crore
Business

Hotel Leela Venture to sell four hotels, property to Canadian investment fund Brookfield for Rs 3,950 crore

The transaction includes assignment of all hotel management contracts currently in operation as well as all under-development, along with the employees of the hotels

Four Seasons owner Provenance Land may sell up to 50% stake to global investment cos
Business

Four Seasons owner Provenance Land may sell up to 50% stake to global investment cos

Brookfield Asset Management and GIC of Singapore are vying to buy 50 percent stake in Provenance Land

BlackBerry extends key deadline to boost capital raise
News & Analysis

BlackBerry extends key deadline to boost capital raise

BlackBerry Ltd, which recently concluded a $1 billion convertible debt offering, said it has agreed with its debtholders to extend an option...