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This deal will see the single-biggest outflow of foreign capital from India

 The much-talked-about sale of Ambuja Cement and ACC by Holcim Group will see the single-biggest outflow of foreign capital from the country if the two cement firms are acquired by Indian investors.......

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......

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......

Sarin arrives, battle for Hutch-Essar escalates

 The race for India's fourth largest mobile phone company Hutch Essar Ltd intensified on Wednesday with the arrival of Vodafone CEO Arun Sarin in India. Vodafone chief Arun Sarin on Wednesday said......

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......

SMS hearing on Saturday

 The Madras High Court has posted for Saturday a batch of petitions filed by mobile cell phone providers, seeking to vacate the February 7 Court order, restraining the providers from giving any SMS......

'No cricket scores on cell phones'

 The Madras high court on Tuesday restrained mobile phone service providers across the country for four weeks from giving any SMS pertaining to the ongoing One-Day International between India and......

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