The UK group bought a 52 per cent stake in the Indian company in May, which is now called Vodafone Essar. Mumbai-based Essar Group owns 33 per cent, with Asim Ghosh, Vodafone Essar managing director, and Indian businessman Analjit Singh owning the remaining 15 per cent.
Technology giant Cisco has meanwhile hired Padmasree Warrior as its chief technology officer.
Dola Banerjee created history on Saturday, clinching a gold medal at the archery World Cup final in Dubai's Medinat Amphitheatre -- an achievement unparalleled in Indian archery. The Indian archer beat Eun Young Choi of Korea 110-109 in the final.
Impressive advances in the world's most populous countries, India and China, have been at the forefront of the reduction in global poverty, a World Bank panel has said.
The stake was bought for Rs 447 crore (Rs 4.47 billion).
Stock options are the most popular form of long-term incentive among Indian companies.
Number of password-stealing Web sites will increase and so will spam, says McAfee Inc.
What is Wal-Mart? When was it set up? Who owns it? Read on to find out.
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