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...
24 Mar, 2017, 02.43 AM IST
- Piramal to buy 5.5% stake in Vodafone-Essar for $640 mn
British telecom major Vodafone today said Piramal Healthcare would buy 5.5 per cent stake in Indian joint venture Vodafone-Essar for about ...
10 Aug, 2011, 10.39 PM IST
- Vodafone pays $1.9 billion for buying Essar stake in JV
UK-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...
01 Jun, 2011, 10.29 PM IST
- Madras HC rejects Vodafone plea against Essar Tele, ISL merger
Vodafone had filed a petition against Essar's proposal to merge Essar Telecommunications Holdings (ETHPL), which has 11 % stake in Vodafone...
21 Apr, 2011, 01.37 PM IST
- Madras HC adjourns Vodafone-Essar case till April 1
Essar has also said that Vodafone's fresh application is nothing but tactics to delay the proposed merger of two entities.
25 Mar, 2011, 08.08 PM IST
- Bankers free to consider ISL in deciding valuation: Essar
Essar 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...
01 Feb, 2011, 07.02 PM IST
- Essar may drop ISL reverse listing plan
Mobile phone operator Essar has abandoned plans to inject part of its 33% in the Vodafone Essar venture into a listed shell company.
01 Feb, 2011, 12.48 AM IST
- Vodafone wants 100% control at artificially low value: Essar
Vodafone is neither a shareholder nor a creditor of any of the merging companies and has no legal capacity to challenge the merger, Essar s...
21 Jan, 2011, 06.45 PM IST
- Essar hits at Vodafone; says foreign firm has no locus standi
Essar also said that the company has two put options -- underwritten put option and fair market value put option--for divesting its stake i...
19 Jan, 2011, 05.10 PM IST
- Essar Group ventures into IT services
After BPO, the Essar Group has now ventured into technology services. The group has set up a technology firm Aegis Tech, which will offer s...
09 Jun, 2009, 02.00 AM IST
- Essar uncertain on joining Vodafone
Essar now says it would take a decision in "due course" on its stake in mobile venture Hutch-Essar.
15 Feb, 2007, 08.50 PM IST
- Asim Ghosh to continue as HEL MD
Asim Ghosh, managing director of Hutch-Essar in which UK telecom giant Vodafone has picked majority stake, would continue to head the new-l...
12 Feb, 2007, 06.02 PM IST
- Vodafone, Ruias differ on offer of partnership
After 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...
12 Feb, 2007, 02.29 PM IST
- Vodafone bid for HEL in next few weeks
Arun Sarin will meet Commerce Minister Kamal Nath, Telecom Minister Dayanidhi Maran later in the day.
10 Jan, 2007, 11.28 AM IST
- Essar, bankers to start due diligence for Hutch
Essar's move follows Vodafone, which has already started examining the books of Hutch Essar.
09 Jan, 2007, 03.00 PM IST
- Talks with suitors on for HEL stake
Hutchison Telecom said talks were on with various suitors and that there was no time-frame for a decision.
24 Dec, 2006, 02.30 PM 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