India's sheikhs appeal

Last Friday, the Qatar Foundation announced that it would pay $1.26 billion to buy a 5% stake in Bharti Airtel. The investment is the third major transaction involving an Indian company in the last 30 days, following Unilever's $5.4-billion open offer to raise its stake in HUL and Etihad's $600-million investment in Jet Airways. Earlier, AirAsia had announced a joint venture with the Tatas to set up a new carrier.

Read Full Story>>