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ESSAR VENTURE
GreenLine to invest Rs 1,500 crore in LNG trucking push, sees major diesel savingsGreenLine Mobility Solutions plans a Rs 1,500 crore investment to expand its LNG truck fleet to 10,000 and establish 50 refuelling stations...- AM/NS India finance chief Amit Harlalka to replace retiring CEO Dilip OommenDilip Oommen, CEO of AM/NS India, will retire at the end of June. Amit Harlalka, the current chief financial officer, will take over as CEO...
- Essar Group seeks $350 million from Russia-backed Nayara in brand pact: SourcesEssar, built by brothers Shashi and Ravi Ruia, sold Essar Oil to a group backed by Russian oil major Rosneft for about $13 billion in 2017 ...
- LIC demands dues from Essar to give clearance to Rosneft-Essar dealThe state-owned life insurer has spelt out that it would issue a ‘no-objection certificate’ (NoC) for the $13-billion deal only after Essar...
- Piramal to buy 5.5% stake in Vodafone-Essar for $640 mnBritish telecom major Vodafone today said Piramal Healthcare would buy 5.5 per cent stake in Indian joint venture Vodafone-Essar for about ...
- Vodafone pays $1.9 billion for buying Essar stake in JVUK-based Vodafone today paid USD 1.9 billion to Essar as first tranche for buying 22 per cent stake, held by offshore entities belonging to...
- Madras HC rejects Vodafone plea against Essar Tele, ISL mergerVodafone had filed a petition against Essar's proposal to merge Essar Telecommunications Holdings (ETHPL), which has 11 % stake in Vodafone...
- Madras HC adjourns Vodafone-Essar case till April 1Essar has also said that Vodafone's fresh application is nothing but tactics to delay the proposed merger of two entities.
- Bankers free to consider ISL in deciding valuation: EssarEssar said there was no change in plan to merge Essar Telecom Holding Pvt Ltd with listed group firm ISL as an exercise to determine valuat...
- Essar may drop ISL reverse listing planMobile phone operator Essar has abandoned plans to inject part of its 33% in the Vodafone Essar venture into a listed shell company.
- Vodafone wants 100% control at artificially low value: EssarVodafone is neither a shareholder nor a creditor of any of the merging companies and has no legal capacity to challenge the merger, Essar s...
- Essar hits at Vodafone; says foreign firm has no locus standiEssar also said that the company has two put options -- underwritten put option and fair market value put option--for divesting its stake i...
- Essar Group ventures into IT servicesAfter BPO, the Essar Group has now ventured into technology services. The group has set up a technology firm Aegis Tech, which will offer s...
- Essar uncertain on joining VodafoneEssar now says it would take a decision in "due course" on its stake in mobile venture Hutch-Essar.
- Asim Ghosh to continue as HEL MDAsim Ghosh, managing director of Hutch-Essar in which UK telecom giant Vodafone has picked majority stake, would continue to head the new-l...
- Vodafone, Ruias differ on offer of partnershipAfter clinching the Hutch- Essar deal, Vodafone is going all out to persuade Essar to sell its stake in the venture, contrary to the Ruia-p...
- Vodafone bid for HEL in next few weeksArun Sarin will meet Commerce Minister Kamal Nath, Telecom Minister Dayanidhi Maran later in the day.
- Essar, bankers to start due diligence for HutchEssar's move follows Vodafone, which has already started examining the books of Hutch Essar.
- Talks with suitors on for HEL stakeHutchison Telecom said talks were on with various suitors and that there was no time-frame for a decision.
- 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...
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