FIPB okays Hutch-Essar deal

Foreign Investment Promotion Board is understood to have cleared the proposal from Essar Group on Friday seeking to restructure the equity of telecom joint venture Hutchison Essar Ltd, which takes......

Hutch-Essar battle intensifies

Hutchison Telecom International Limited, which recently sold its 67 per cent control in mobile service provider Hutchison Essar to Vodafone, has filed a caveat in the Bombay high court requesting......

Hutch, Essar differ on right of refusal

Differing interpretations by Hutchison and the Ruias of the first "right of refusal" clause in the shareholders' agreement may become a contentious issue in the sale of the former's 67 per cent......

Kraft's liability on Cadbury buy limited

The takeover of Cadbury India by US-based Kraft Foods is different from Vodafone's buyout of Hutchison Essar in 2007, said Indian tax experts."Kraft's acquisition of Cadbury is a global......