portfolio company Essar Telecom Kenya Limited, operates the yuMobile telecom service in Kenya, today announced the signing of binding agreements with Safaricom and Airtel for sale of its telecom business in Kenya for approximately USD 120 million. Business Standard India, 3 hours ago
Essar Group sells Kenya telecom business to Safaricom, Bharti Airtel - Livemint.com, 4 hours ago
Report Published: "Kenya - Telecoms, Mobile, Broadband and Forecasts" - Digital Journal, 2 months ago
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The $39 billion Essar Group today said it exited from Essar Telecom Kenya that operates under the yuMobile brand, by selling to Safaricom and Airtel Africa for $120 million. The divestment completes the exit of Essar Group from the telecom ...Telecom Lead, 1 hour ago Essar sells yuMobile to Safaricom, Airtel for about $120 mn Hindu Business Line, 3 hours ago
Arbitrators of the Indian government and Vodafone to decide on a third arbitrator for the latter's tax case
The arbitrators of Vodafone India and the Indian government have decided to engage into discussion and finalise the mechanism for selection of the third arbitrator for the Vodafone's Rs 200 billion tax dispute. Once the mechanism is agreed by both ...Tele.net.in, 4 days ago Government, Vodafone in talks to appoint third arbitrator Economic Times, 4 days ago Government, Vodafone Yet To Decide On Third Arbitrator in Rs 20,000-Crore Tax Dispute Communications Today, 1 week ago Govt plan to drop conciliation offer prompted Vodafone arbitration move Sify, 2 months ago
Vodafone India has received an approval from its parent company, UK-based Vodafone Plc, to borrow an amount of Rs 150 billion in 2014-15. These funds are likely to be used for the acquiring spectrum in the upcoming auctions in the 900 MHz and 1800 ...Tele.net.in, 4 days ago
Vodafone India, a wholly-owned subsidiary of the UK-based Vodafone Group Plc, has got the board's nod to borrow an additional amount of Rs 15,000 crore in 2014/15. As on March 31, 2014, the total debt stands at Rs 50,000 crore. Sources said the ...Business Today India, 5 days ago Vodafone India gets board nod to borrow Rs 15,000 cr more Business Today India, 4 days ago
The sustainability of Vodafone's op-erations in India depends on its abil-ity to buy back spectrum in upcom-ing auctions in seven circles where its permits expire by March 2016, since the company doesn't have the fallback option it had in the case ...Communications Today, 1 month ago Buying back spectrum in auctions to decide Voda's India future' Economic Times, 1 month ago Auction to decide Voda India's future: MD | FM hints at junking retro-tax Economic Times, 1 month ago Vodafone left to fight its Rs20,000 retro tax burden Domain-B, 1 month ago
Essar Global Fund, the Ruia company that invested $1.3 billion in telecommunications, towers and business process outsourcing over the years, made $6.5 billion, a five-fold return, when it flipped these businesses, according to discussions the group has had with merchant bankers. In contrast, the Essar group's five listed firms have run up a combined debt of Rs 66,000 crore (Rs 660 billion), half the group's Rs 118,000-crore (Rs 1.18 trillion) turnover in the oil refining, steel, power and ...Rediff.com, 2 weeks ago Essar made 5 times its money through exits Sify, 2 weeks ago Essar fund made 5 times its money through exits Business Standard India, 2 weeks ago
Arun Jaitley delegated the Rs 20,000-cr Vodafone case to his junior, Nirmala Sitharaman, and Revenue Secretary Shaktikanta Das BS Reporter | New Delhi June 19, 2014 Last Updated at 00:22 IST Finance Minister Arun Jaitley on Wednesday recused self ...Business Standard India, 2 months ago Vodafone case: FM rescues himself from tax dispute decision Deccan Herald, 2 months ago Jaitley recuses from decisions on Vodafone case InToday, 2 months ago Arun Jaitley delegates decision making in the Vodafone tax dispute case to Nirmala Sitharaman Economic Times, 2 months ago
The world's largest telecom player, Vodafone Group Plc, lends strength to the widely held management strategy, under which global firms have forayed intoemerging economies to drive profitability. Its 100 per cent subsidiary, Vodafone India, has had ...Tele.net.in, 3 weeks ago
The Supreme Court on Tuesday refused to entertain a PIL seeking direction to the Centre to recover around Rs 20,000-crore (Rs 200-billion) tax dues from UK telecom major Vodafone and to restrain the government from going ahead with arbitration on the issue. A bench headed by Justice H L Dattu, however, allowed the petitioner, former Additional Solicitor General Bishwajit Bhattacharyya, to file fresh petition with all the relevant documents stating what action Centre has so far been taken on the ...Rediff.com, 1 month ago SC dismisses PIL for recovery of Rs 21,00 cr from Vodafone NewKerala.com, 1 month ago SC rejects PIL seeking recovery of Vodafone tax dues ZeeNews.com, 1 month ago Top Court Refuses to Entertain PIL in Vodafone Tax Case NDTV Profit, 1 month ago
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