CCI approves sale of Essar's BPO AegisEssar, which entered the BPO business in 2004 with the US-based Aegis Communications Group, had said last month, "the net proceeds of this ...
19 May, 2017, 07.33 PM IST
India's investment abroad down 2 per cent to $2.67 billionIndian Hotels Co made an investment of $125 mn in a fully owned company in US & UPL Ltd invested $110 mn in a wholly owned subsidiary in Ma...
10 Nov, 2014, 09.46 PM IST
Aegis to take over Symphony Assets for Rs 43 crore by MarchThe acquisition will help Aegis to gain a foothold in Southeast Asia and expand its operations in China, Japan and Korea.
19 Jan, 2014, 11.59 AM IST
- Vodafone to pay $500 mn more for Essar buyout
Essar’s Mauritian unit gets $3.3 bn after deducting withholding tax of $880m while Indian arm gets $1.3 bn.
02 Jul, 2011, 01.59 AM IST
- 2G scam: Dubai-based industrialist IP Khaitan questioned by CBI for alleged interests in Loop Telecom
IP Khaitan, was grilled by the sleuths for about eight hours in connection with ownership patterns in Loop Telecom.
23 May, 2011, 10.24 PM IST
- CBI, ED looking into flow of funds from Mauritius
The CBI and Enforcement Directorate are investigating several foreign companies and their investments into Indian firms including many of t...
24 Feb, 2011, 05.59 AM IST
- Essar to transfer 2.63% in Vodafone to foreign investment co
Essar Group is indirectly transferring part of its Indian holding in Vodafone Essar to its overseas investment company, using the provision...
15 Jan, 2010, 12.33 AM IST
- Voda can offer ISD, STD services, hive off tower business
Vodafone Essar, the country’s second-largest GSM-based mobile operator, has finally received the go-ahead from the FIPB to hive off its tow...
01 Jul, 2009, 01.01 AM IST
- African fund invests in Essar Tele
Pan African Infrastructure Development Fund (PAIDF) has invested Rs 450 crore ($93.75 mn) in Essar Telecom Kenya Holdings (ETKHL), the Essa...
01 Jul, 2009, 12.29 AM IST
- 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...
28 Apr, 2009, 12.27 AM IST
- Essar, Capital Global stake in BPL Mobile falls
The induction of Essar Group in BPL Mobile Communications and the subsequent rejig of its shareholding structure has been rather interestin...
11 Sep, 2008, 01.48 AM IST
- 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.
12 Feb, 2007, 03.57 AM IST
- Total foreign investment in JV touches 74%
With this, the total foreign investment in the telecom JV, Hutchison Essar has touched the permissible limit of 74% - off this, HEL’s princ...
24 Nov, 2006, 10.00 AM IST
- Essar may sell 10% in Hutch JV
The Essar Group, which owns 33.1% in Hutchison Essar, may offload a part of its stake in the JV.
24 Nov, 2006, 01.07 AM IST
- Essar plan gets nod, HEL foreign equity hits 74%
The FIPB is understood to have cleared the proposal from Essar Group on Friday seeking to restructure the equity of telecom joint venture H...
11 Nov, 2006, 01.09 AM IST
- 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 ...
28 Jul, 2006, 12.17 AM IST
- Stakes in Hutchison Essar don’t tally, throw up a 5.8% gap
The high stakes of Hutchison Essar shareholding from its largest Indian shareholder, Essar, has apparently thrown up some conflicting figur...
25 Jul, 2006, 01.18 AM IST