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ESSAR COMMUNICATIONS
Essar group seeks Rs 4,000 crore refund from I-T deptThe tax department is, however, contesting the claim of Essar Communications, saying the deal was structured in a way so as to misuse the p...
- Essar likely to seek tax refund of $883 mn in Vodafone deal
Essar is likely to seek refund of $883 mn, amount deducted as withholding tax related to 22% stake sale by its Mauritius entities in Vodafo...
- Govt clears Vodafone's stake buy in JV with Essar
The transaction is for transfer of shares of Vodafone Essar from Mauritius based Essar Communications and Essar Com Ltd to Euro Pacific Sec...
- Essar Vodafone split: Govt to pocket tax gain of Rs 1,700 crore
The Vodafone-Essar deal will lead to a tax collection of over Rs 1,700 crore, thanks to the double taxation avoidance treaty between India ...
- ETHL prepays Rs 4,230 crore raised through NCDs
Essar group company ETHL Communications Holdings repaid loans worth Rs 4,230 crore ahead of their due date to free the 10.97% stake it hold...
- Essar prepays Rs 4,230 crore raised through NCDs
The Essar Group has pre-paid Rs 4,230 crore raised by subsidiary Essar Communications Holdings Ltd a year ago.
- Loop Tele under DoT watch
The telecom department is set to issue a show-cause notice to Loop Telecom asking the telco to explain why its mobile licences across 21 ci...
- Telecom norms not breached, says Loop
The MCA had said that while the Essar Group did not have a direct stake in Loop Telecom, funds from the group was routed into Loop through ...
- Loop Tele may lose mobile licence over stake 'violation'
The ministry of corporate affairs (MCA) has asked the communications ministry to reconsider granting a telecom licence to Loop Telecom owne...
- 'BPL Mobile stake structure won't be altered'
Vodafone Essar has sought an injunction from Bombay HC after BPL Communications sold stakes in BPL Mobile Communications to Gypsy Rover wit...
- Promethean India invests $1 mn in US-based Obopay
Promethean India Plc listed on the Alternative Investment Market on Thursday said it has invested $1 million during a fresh round of fundin...
- Essar Communications acquires stake in Kenyan telecom firm
Ruias-led Essar Communications Holdings Ltd has acquired a 49 per cent stake in Kenya's Econet Wireless International Ltd for an undisclose...
- Essar Communications to raise $3.95-bn syndicated loan
The loan proceeds would help Essar monetise its liquidity rights agreed with Vodafone as part of the British company's acquisition of Hutch...
- Essar bid to hike stake in tower co on hold
The FIPB has deferred a proposal by the Essar group to make its telecoms infrastructure wholly-owned subsidiary.
- Essar to set up holding co for tele ventures
The Essar group is setting up a new holding company with a capitalisation of Rs 500 crore.
- Anil Ambani meets FM; RCOM starts due diligence
Reliance Communications Chairman Anil Ambani on Thursday met Finance Minister P Chidambaram and senior DoT officials, even as his company s...
- Essar delists BPO subsidiary Aegis in consolidation move
The Essar group has delisted its US-based BPO subsidiary Aegis Communications Group (ACG) from over-the-counter bulletin board (OTC BB) of ...
- Hutch wants to settle row with Essar out of court
Attempts are being made to settle the battle between Hutchison and the Essar group over BPL out of court, failing which Hutchison will move...
- 'BPL ownership issue did Essar deal in'
- Ruias seek to invest $500m in Hutch Essar
The Ruias have applied to the Foreign Investment Promotion Board (FIPB) on Thursday to increase Essar’s foreign holding in HEL by 6.26% to ...