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......
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......
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......
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......
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......