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Hutchison Essar Ltd

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  • Business

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 spar in North Block

On a day when Hutchison Essar Ltd's Indian partner Essar Teleholdings Ltd delivered representations to senior government officials including the finance secretary, the Foreign Investment Promotion......

Hutchison plan gets FIPB nod

Finance Minister P Chidambaram on Monday cleared the proposal of Hutchison Max Telecom to consolidate its shareholding in all group telecom entities.The approval will allows the shareholders of......

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......

RBI nixes Essar pledging shares

The Reserve Bank of India has rejected Essar Communications' application to pledge its equity in Hutchison Essar Ltd to Standard Chartered Bank, London, on the ground that the proposal would result......

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