Egyptian mobile operator Orascom has said it was open to sell a part of its 19.3 per cent stake in Hutchison Telecom International Ltd, a promoter of Indian cellular joint venture Hutch-Essar.
Continuing the efforts to strengthen its presence in telecom JV with Hutchison, Ruias' Essar Group is considering buying Max Telecom and IL&FS's 3.16 per cent stake in the Hutch-Essar joint venture.
3 Global Services, a Hutchison Whampoa company, is looking for Customer Relations Advisors.
Telecom Regulatory Authority of India on Wednesday issued another directive to Bharti, Spice and Hutchison-Essar following blocking of calls originating from the basic telecom players offering limited mobile services.
3 Global Services needs Customer Relation Advisors.
The apex court had on December 4 last year, reserved the verdict after hearing counsel for corporate honchos and the Central Bureau of Investigation.
Private cellular service provider Hutchison on Thursday introduced international roaming on pre-paid cards at a cost of Rs 40 per activation, providing its subscribers the facilities to recive calls and short message service.
The Bombay High Court on Thursday stayed a new income tax demand of Rs 3,000 crore (Rs 30 billion) on Vodafone India Services in an alleged transfer-pricing case from 2010-11.
Sunil Mittal promoted Bharti Group garnered the largest subscriber base of 37.50 lakh (3.75 million), followed by BSNL and Hutchison Group.\n
Leading GSM service provider Hutch would roll out its services in West Bengal and Sikkim by the end of the current year, executive director of Hutchison Essar Sandip Das said in Kapurthala on Thursday.
Besides Vodafone, several other major MNCs like Nokia and Shell were locked in tax dispute with the revenue department.
Finance Minister Arun Jaitley, in his Budget speech on Monday, announced a new dispute resolution mechanism for such companies who are in confrontation with the taxman's action.
Cellular operator Hutchinson has bagged exclusive rights for the content of ICC World Cup Cricket 2003 for mobile telephony, enabling it to send video clips of every match's "best moments" on a cellphone.\n\n\n\n
The 'Lion of Lucknow' came up with a fine showing on the penultimate day of the Hutchison-Essar Open.
Telecom services, cell-to-fixed line phones and vice versa remained crippled for the second day on Saturday even as cell operators shot off letters to telecom regulator and state-owned MTNL.
The arbitration clause is present in almost 95 per cent of corporate agreements, according to tax and audit firm Ernst & Young.
To compete with limited mobility telephony operators, Hutchison on Wednesday lowered STD tariff at Rs 1.99 per minute anywhere in India on any other cellular phone.
Country accounts for 38% of telco's global user base, 10% of total revenue
Vodafone's long-pending tax dispute with the government might be heading for a resolution, with the finance ministry considering changing the Income-Tax Act's retrospective amendment and taxing indirect transfer of assets prospectively from 2012, the year the law was clarified.
A day after Arvind Kejriwal put his name on a list of corrupt politicians, Union minister Kapil Sibal on Saturday shot back, saying that the Delhi chief minister should prove his allegations within two days or resign.
The coming Union Budget might give relief to foreign portfolio investors from taxation on indirect transfers.
The Supreme Court had ruled in Vodafone's favour in 2012.
The onus of the tax dues of Rs 22,100 crore on Vodafone India's British parent could also fall on the merged entity.
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
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