News for 'Essar India'

Walmart's $16 bn Flipkart buy is the biggest deal this year

Walmart's $16 bn Flipkart buy is the biggest deal this year

Rediff.com9 May 2018

Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company

Royalty-linked benefit sharing may add to coal cos' woes

Royalty-linked benefit sharing may add to coal cos' woes

Rediff.com27 Mar 2012

The recommendation, if implemented, could severely dent coal miners' bottom line.

Vodafone posts 1st yearly profit in India

Vodafone posts 1st yearly profit in India

Rediff.com21 May 2014

In 2013-14, India became the third-largest contributor to Vodafone Group's service revenue and operating free cash flow.

Destination smaller towns for BPOs

Destination smaller towns for BPOs

Rediff.com2 Apr 2012

With an expanding domestic market, increasing cost and higher attrition rate, outsourcing action is shifting to tier-III and IV cities.

At $73 bn, deal activities see a sharp 40% drop

At $73 bn, deal activities see a sharp 40% drop

Rediff.com19 Dec 2019

With $120 billion worth of deals, 2018 was the best year on record. Many also blame frequent policy flip-flops and increasing tax scrutiny as big dampners for business.

Kraft's liability on Cadbury buy limited

Kraft's liability on Cadbury buy limited

Rediff.com6 Jan 2011

"Kraft's acquisition of Cadbury is a global acquisition, where some value is attributable to India. This is different from Vodafone, where the transfer of a single share of the offshore company by Hutch resulted in the Indian business getting transferred to Vodafone," said Pranay Bhatia, associate partner at legal firm Economic Laws Practice.

Vodafone launches solar powered phone

Vodafone launches solar powered phone

Rediff.com29 Jul 2010

The launch of VF 247 solar powered phone is in keeping with Vodafone's aim to increase mobile technology accessibility for millions in India.

When a pigeon caused a security scare in Gujarat

When a pigeon caused a security scare in Gujarat

Rediff.com27 Mar 2015

The bird was seen near the coast carried an electronic chip and an Arabic word written on its wing.

Karnataka, Gujarat best for investment: US

Karnataka, Gujarat best for investment: US

Rediff.com7 Jan 2011

Gujarat and Karnataka are the "role models" of a competent and transparent government and a progressive leadership that can attract investors in the coming years, according to a leading US business forum representative.

3G roaming pacts face DoT heat

3G roaming pacts face DoT heat

Rediff.com31 Oct 2011

DoT has stated in an internal note that the 3G roaming agreements between these three companies are tantamount to their becoming mobile virtual network operators, something not allowed under the current policy.

Lukewarm response to new Apple iPhones in India

Lukewarm response to new Apple iPhones in India

Rediff.com19 Oct 2015

Demand is expected to grow as most customers await a drop in prices.

From 2007 to 2017: How the 2G scam case progressed

From 2007 to 2017: How the 2G scam case progressed

Rediff.com21 Dec 2017

A special court on Thursday acquitted all accused in the 2G spectrum allocation scam cases. The scam relates to the granting of 2G spectrum licence allocations in 2007-08 which caused, according to a report by the Comptroller and Auditor General of India, a loss of Rs 1.76 lakh crore. Here is a detailed timeline of how the case came to light and how it has progressed over the years:

SC notice to Trai, telecom majors

SC notice to Trai, telecom majors

Rediff.com9 Nov 2009

A Bench headed by Justice Altamas Kabir sought an reply from 11 repondents Telecom Regulatory Authority of India, Association of Unified Telecom Service Providers of India, Reliance Communications, Tata Teleservices, Vodafone Essar Mobile Services, Cellular Operators Association of India, Bharti Airtel, Idea Cellular, BPL Mobile Communications, HFCL Infotel, and Spice Communications -- as to why they should not pay ADC to BSNL.

11 mn new GSM subscribers in April

11 mn new GSM subscribers in April

Rediff.com15 Jun 2010

Indian GSM telecom operators added 11.25 million new subscribers in the month of May, taking the all-India cellular subscriber base to 444 million, according to cellular operators' association COAI.

DoT committee nods one-time fee on telcos

DoT committee nods one-time fee on telcos

Rediff.com25 Apr 2011

Firms to pay Rs 24,700 cr if spectrum formula is accepted.

Trai asks operators to justify rise in tariff

Trai asks operators to justify rise in tariff

Rediff.com3 Aug 2011

Mobile tariffs are currently under forbearance, which means these are determined by market forces.

ONGC topples RIL to become highest ranked Indian energy firm

ONGC topples RIL to become highest ranked Indian energy firm

Rediff.com29 Oct 2014

Cairn India is 25th on the list with 22.2 per cent CGR.

Spectrum pricing: GSM operators slam Trai

Spectrum pricing: GSM operators slam Trai

Rediff.com9 Mar 2011

The telecom regulator had suggested imposition of a price on operators for holding spectrum beyond the contracted limit of 6.2MHz.

Investors must stay positive amidst the gloom

Investors must stay positive amidst the gloom

Rediff.com29 Jan 2020

Investors must be prepared to believe that things will get better eventually, no matter how bad the current situation may look. If you don't possess this optimism, you will not possess the courage to invest and if you don't invest, you don't give yourself any chance to get wealthy, says Devangshu Datta.

3G auction closes; licence bid touches Rs 16,828cr

3G auction closes; licence bid touches Rs 16,828cr

Rediff.com19 May 2010

According to sources, Bharti, Idea and Vodafone Essar have won in some of the circles in the auction that lasted 34 days.

Deal Street remained almost deserted in 2019

Deal Street remained almost deserted in 2019

Rediff.com25 Dec 2019

The domestic deal-making activities were hit by weak corporate governance and a huge liquidity crunch in 2019, while the global deals were also hard to come by due to various factors including uncertainties caused by the US-China trade war, which left many investors in a wait-and-watch mode.

The billion-dollar question before Vodafone Group

The billion-dollar question before Vodafone Group

Rediff.com24 Feb 2020

Based on Statista data for 2019, Vodafone has 17.2 million subscribers in the UK, 29.5 million in Germany, and over 13.7 million in Spain. Without Voda Idea, the Group will become smaller than Airtel and Jio.

RIL, ONGC among six in race for Bengal govt's HPL stake

RIL, ONGC among six in race for Bengal govt's HPL stake

Rediff.com11 Jun 2013

Three PSUs, three private firms join bid to acquire 40% stake in Haldia Petrochem.

Vodafone conciliation decision after transfer pricing row ends

Vodafone conciliation decision after transfer pricing row ends

Rediff.com28 Feb 2014

Vodafone is locked in twin tax disputes with the government.

 China mine buys won't hit Indian iron exports

China mine buys won't hit Indian iron exports

Rediff.com27 May 2010

The acquisition of iron mines in Madagascar by Chinese companies is unlikely to affect Indian ore exports to China, as the bulk of Indian exports consist of high quality ore, which is only available in Australia and Brazil, besides India.

More trouble likely for captive coal miners in Madhya Pradesh

More trouble likely for captive coal miners in Madhya Pradesh

Rediff.com12 Jun 2013

R-Power, Essar could be hit as state mulls benefit-sharing levy for ecology loss.

Patanjali acquires bankrupt Ruchi Soya for Rs 4,350 crore

Patanjali acquires bankrupt Ruchi Soya for Rs 4,350 crore

Rediff.com18 Dec 2019

Yoga guru Baba Ramdev's Patanjali Ayurved on Wednesday made its first big acquisition when it paid Rs 4,350 crore to take over soya food brand Nutrela-maker Ruchi Soya through an insolvency process. The acquisition will help Patanjali acquire edible oil plants as also soyabean oil brands such as Mahakosh and Ruchi Gold.

Why India's reset of its Russian relationship is important

Why India's reset of its Russian relationship is important

Rediff.com17 Oct 2016

'One lesson to emerge out of the Modi-Putin summit is that India can be more self-confident that it possesses inherent strengths to leverage its interlocutors to influence Pakistani policies,' says Ambassador M K Bhadrakumar.

'I have confidence in the people of India'

'I have confidence in the people of India'

Rediff.com21 Aug 2015

'Adivasis are a critical national treasure, so we need to protect them.' 'The fight for the tribals of Chhattisgarh needs people from all political parties. It cannot be about any single political group.'

Aegis to hire 11,000 in FY12

Aegis to hire 11,000 in FY12

Rediff.com3 Feb 2011

Aegis has more than 50,000 employees across 11 countries.

Make in India? It's tough, say steel manufacturers

Make in India? It's tough, say steel manufacturers

Rediff.com24 Apr 2015

The country imported 9.31 million tonnes (mt) of steel in FY15.

With $22.7 billion in his kitty, Mukesh Ambani is India's richest

With $22.7 billion in his kitty, Mukesh Ambani is India's richest

Rediff.com22 Sep 2016

The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015

Why corporate credit may grow in next few quarters

Why corporate credit may grow in next few quarters

Rediff.com22 Apr 2019

With average capacity utilisation now touching 76 per cent, Indian companies are going back to the drawing board to add capacity but the plans to build new factories and plants are still some months away.

Vietnam: The fulcrum of India's 'look east' policy

Vietnam: The fulcrum of India's 'look east' policy

Rediff.com20 Nov 2013

India-Vietnam relationship has its own imperatives and dynamism. In India's look east policy Vietnam has been the major pivot, at least in terms of security and strategic imperatives, says Rup Narayan Das.

India Inc sells assets abroad to cut debt

India Inc sells assets abroad to cut debt

Rediff.com30 Oct 2014

Bankers say it's a question of survival for debt-heavy companies.

Slow to start, banks wrestle with insolvency regime

Slow to start, banks wrestle with insolvency regime

Rediff.com13 Jul 2017

Insolvency professionals feel the bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans.

Companies bleed in Naxalite bloodbath

Companies bleed in Naxalite bloodbath

Rediff.com8 Apr 2010

Disruption of work, levy to insurgents, targeting of communications and security concerns stall development.

Vodafone, RCom, Bharti bid for 3G spectrum

Vodafone, RCom, Bharti bid for 3G spectrum

Rediff.com18 Mar 2010

Bharti Airtel on Thursday submitted its bid for 3G spectrum, auction for which starts from April 9.

'Diesel deregulation, gas price to have positive impact on oil cos'

'Diesel deregulation, gas price to have positive impact on oil cos'

Rediff.com17 Dec 2014

Expecting oil prices to remain under pressure, Fitch Ratings said deregulation of diesel prices in October will help in lowering the under-recoveries (which is nothing but international petroleum prices minus the subsidised retail rates).