Telecom Italia (TIM) said on Wednesday its board of directors had approved a 700 million euro ($726 million) sale of its submarine cable unit Sparkle to a consortium led by Italy's Treasury. TIM, ...

Private equity firm CVC Capital has agreed to sell a 67% stake in the Indian Premier League cricket franchise team ...

Torrent Group has acquired a 67% stake in IPL franchise Gujarat Titans, marking its entry into the sports sector. The acquisition is subject to approvals and CVC will retain a 33% stake.

Healthcare and energy conglomerate Torrent Group on Wednesday announced acquisition of a majority stake in IPL franchisee, Gujarat Titans for an undisclosed sum, marking the Ahmedabad-based firm’s ...