1. DIALOGUE AXIATA AND BHARTI AIRTEL IN SRI LANKA SIGN A LEGALLY BINDING CONTRACT SHEET
A contractual term sheet for the merger of their Sri Lankan subsidiaries has been announced by Dialogue Axiata, the largest telecom company in Sri Lanka and a subsidiary of Malaysian Axiata.
First Republic Bank had been taken over, and an agreement had been struck to sell the institution to JPMorgan Chase & Co., according to American regulators. In just two months, this is the third significant U.S. financial institution to fall.
2. IN LIGHT OF THE RECENT FAILURES OF SIGNIFICANT US BANKS, JPMORGAN ACQUIRES FIRST REPUBLIC BANK
By increasing its installed capacity to 72,304 MW, the state-owned power giant NTPC Group has marked a historic milestone in the power industry.
3. WITH THE FIRST FOREIGN CAPACITY INCREASE IN BANGLADESH, THE NTPC GROUP'S TOTAL INSTALLED CAPACITY NOW STANDS AT 72,304 MW