The government on Friday approved a proposal of Transcend Infrastructure, a subsidiary of US-based American Towers, to acquire the tower business of Essar Telecom, entailing an FDI inflow of about......
GTL Infrastructure (GIL), a subsidiary of telecom network major GTL, has acquired Essar Group's tower company Essar Telecom Infrastructure (ETIPL) for an estimated $1.5 billion (Rs 6,000 crore),......
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......
'He asserted in his usual jovial style that he was not an MBA like his audience at IIM-Ahmedabad but perhaps had an even better business degree: MBB'.'He went on to explain to his perplexed, blue......
Indian family-run business houses have in recent years seen ugly public spats between owners over control. Image: Shashi Ruia (left) and Ravi Ruia. Photograph: PTI Photo from the Rediff Archives......