Favourable policies brighten telecom prospects in 2013

With foreign investment dropping by a steep 96 per cent in 2012, the Department of Telecom is hoping to annouce the new M&A guidelines next month as it attempts to infuse life into a sector......

Vodafone to raise Indian unit stake to 100% for Rs 10,141 cr

World's second largest mobile operator Vodafone Plc of UK on Tuesday sought FIPB approval to invest Rs 10,141 crore (Rs 101.41 billion) in raising its stake in the Indian arm to 100 per cent.......

Vodafone's UK parent may buy Analjit Singh's stake

British telecom giant Vodafone Plc is planning to approach the Foreign Investment Promotion Board to buy the 6.2 per cent equity stake held by its Indian partner, Analjit Singh. The move has come a......

Telenor investment plan for Indian JV gets approval

The government on Wednesday said it has cleared Norwegian telecom firm Telenor's proposal to invest Rs 1,000 crore (Rs 10 billion) in a joint venture company in the telecom sector. Telenor Mobile......