The court also imposed a cost of Rs 10,000 on Ruia, who is facing trial along with others in a case arising out of the 2G scam probe.

The Ruias and the Khaitans are facing trial in a case arising out of the probe into the 2G spectrum allocation scam.

Amid intense lobbying in favour for Vodafone in the Rs 11,000 cr tax dispute case, FinMin today said that similar transactions are taxed in...

Finance Ministry on approved 18 FDI proposals, including that of Dish TV and MCX, envisaging foreign investment of Rs 2,126 crore.

The Finance Ministry today approved 18 FDI proposals, including that of Dish TV and MCX, envisaging foreign investment of Rs 2,126 crore.

The government will take up 55 proposals for foreign direct investments , including that of Dish TV, Vodafone Essar and BNP Paribas.

USA's biggest independent tower firm American Tower Corp (ATC) has agreed to acquire 4,450 towers of Essar Telecom Infrastructure (ETIPL), ...

Boston-based American Tower Corp (ATC) has agreed to acquire Essar Telecom Infrastructure (ETIPL) in an all-cash deal for an enterprise val...

USA's biggest independent tower firm American Tower is close to acquiring Essar Telecom Infrastructure for over $425 million as it looks to...

RBS picking up shares in Reliance Ports and Terminals and DE Shaw Composite Investment of Mauritius pouring money in DLF Assets are among m...

Essar Group is in talks with international bankers to raise about five billion dollars (over Rs 20,000 crore) by leveraging its 33 per cent...

Bharti Airtel has joined the league of top ten global telecom operators with a subscriber base of over 40m in a single country.

British billionaire Richard Branson’s Virgin Mobile is entering India through a 50:50 JV with the Tatas.

"We are in talks with various global players for other businesses of the group," said, Essar VC, Ravi Ruia.

The Essar-owned Aegis BPO has bought Global Vantedge, a US-based credit and receivable management BPO for Rs 100 crore.

The acquisition, the fourth by Aegis in the past one year, is expected to contribute over $25m in revenues.

Private equity major Chrys Capital and other investors are selling credit and receivable management BPO Global Vantedge to the Essar-owned ...