Tuesday 29 July 2014

Batelco wins order freezing former partner's assets

A British court has ordered a worldwide freeze on assets of Batelco's former Indian investment partner Siva Limited and its chairman Chinnakannan Sivasankaran.   The Bahr


India deal: Batelco seeks payment of $212m claim

Batelco Group, the Bahrain-based international telecommunications group with operations across 14 countries, has demanded full payment of the judgment debt totalling $212 million awarded by the English High Court of Justice against Chinnakannan


Batelco wins $211m from Indian partner

A British court has ruled in Batelco's favour, ordering the Bahraini telecom operator's former Indian partner to pay it $211.1 million for failing to fulfil a previous agreement, a statement to Manama's bourse said on Monday.


Batelco bids to recoup $185m from India partner

Batelco will go to a British court in May in a bid to recoup $185 million from a failed Indian venture, as the Bahraini firm tries to avoid following Gulf peer Etisalat in suffering big losses on the subcontinent. The ongoing trou

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