- 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...
- Vodafone Essar had various avatars in India since mid 90s
Vodafone Essar has existed in various forms since the mid-90 s, when it started operations as Max Touch. It has since metamorphosed through...
- Essar's exit wil allow Vodafone to take crucial decisions without intervention
It’s been a rocky ride for the two partners with the latest fissures in the Vodafone Essar joint venture surfacing in January this year ove...
- Vodafone mulls new pact with Essar
Global telecom giant Vodafone may push for a new agreement, including crucial changes in shareholder rights with its Indian partner Essar, ...
- Vodafone, Analjit may buy Essar stake
Global telecom giant Vodafone, along with its ally Analjit Singh, may jointly buy Essar’s 33% stake in Vodafone Essar to comply with India’...
- FIPB okays change of name to Vodafone Essar
The Foreign Investment Promotion Board (FIPB) on Friday notified the change of name in the mobile joint venture Hutch Essar to Vodafone Ess...
- Essar set to launch GSM services in Cambodia
The Essar Group, which owns 33% in Vodafone-controlled Hutchison Essar, is planning to launch telecom services independently abroad.
- Vodafone-Essar deal: FIPB may clear next week
The partners have agreed that the business will market its products and services under the Vodafone brand.
- Finally, Vodafone-Essar deal closed
While Arun Sarin would take control of the JV as the vice-chairman, Ravi Ruia will be the chairman.
- Ruias keep bidders guessing; HTIL in talks with Essar
The takeover battle for Hutch-Essar may have moved into the New Year, but the fate of all bidders - Vodafone and Reliance Communications in...
- Hutch-Essar board meet turns out to be routine
The Hutch-Essar board is understood to have discussed the financials as well as operations of the company for the third and the last quarte...
- Hutch-Essar Board meets
Although the meeting came in the backdrop of ongoing developments for its reported takeover, it is learnt that the purpose of the Board was...
- Govt okays Essar proposal to step up foreign stake
The government has cleared a proposal from the Essar Group to increase foreign holding in the telecom JV Hutchison Essar by 5.85%, which ta...
- 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...
- 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.
- 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...
- Termination notice 'wrongful': Hutch
Hutchison Telecom International Ltd, the Hong-Kong based parent of Hutchison that operates the Hutch-Essar JV in India with Essar group, ha...