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Naxal blackout: Water rationing in Bastar

 People in the backward Bastar region in Chhattisgarh have been living in darkness since the last five days after naxals blew up power transmission towers leading to a power blackout. Unprecedented......

American Tower gets nod to buy Essar's tower biz

 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......

India Inc asset sales peak in 2016, Essar tops list

 The sale of Essar Oil was India’s biggest deleveraging exercise undertaken by any debt-heavy group The sale of Essar Oil and related infrastructure to Rosneft and other partners has created......

Essar sells business park in biggest office space deal

 This is the latest in a series of large office space buyouts by RMZ Corp which has created a portfolio of rent-yielding commercial assets in India. Essar group on Wednesday announced the sale of......

Essar group's investments make a killing

 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......

Essar hopes for Kenya telecom break-even next year

 Essar's only telecom venture, Yu Telecom in Kenya, has raised its market share by eroding that of the market leader, Safaricom.The operator was acquired four years earlier by Essar, when the latter......

'Weather would be a worry'

 The Standard Chartered Mumbai Marathon 2006 received a tremendous boost when celebrities from various walks of life got together at the Hotel Hilton Towers in Mumbai on Tuesday to promote Asia's......

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