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Vodafone to spend $2bn for network expansion

Pratyush — Tue, 09 Oct 2007 09:01:05 +0000

Hutch is now Vodafone in India. Vodafone management has decided to spend $2 billion a year for expanding and strengthening the GSM network across India. The company had also promised another $10 million investment to establish a...

India's most expensive mobile number is 9780000000

Naveen — Wed, 01 Aug 2007 05:16:05 +0000

A song from an Indian movie says, ‘It happens only in India.’ Rightly said as a guy named Amit Malhotra from Ludhiana in India spend 1.5 million rupees ($32,000) for a mobile number (9780000000). Although, it’s not a new thing...

FIPB stamps approval on Vodafone's Essar bid

Gagandeep — Sat, 28 Apr 2007 06:03:57 +0000

Foreign Investment Promotion Board (FIPB) has finally cleared Vodafone’s buyout of a majority stake in Hutchison Essar. Friday saw the culmination of three months of corporate drama as Vodafone’s 11.1 billion-deal was finally approved....

India again defers decision on Vodafone's Hutch Essar acquisition

Balendu — Fri, 30 Mar 2007 11:44:47 +0000

The Foreign Investment Promotion Board (FIPB) on Thursday once again deferred authorization for Vodafone’s acquisition of Hutch Essar (HEL) seeking additional information from all stakeholders on the shareholding of the company. The Hindu...

Hutch is now Vodafone Essar in India

Pratyush — Sat, 17 Mar 2007 09:35:37 +0000

The deal between Vodafone and Essar group has been reached to the final stage now. Arun Sarin, Vodafone chief, has confirmed that Vodafone has completed the Hutch deal with Essar group. The Hutch operation in India would be called as...

Vodafone may introduce it's popular services to grab larger market share

Pratyush — Sun, 25 Feb 2007 15:45:04 +0000

Vodafone is planning to make a happening entry in Indian market. The deal between Vodafone and Hutch-Essar is likely to be completed by April this year. The Times of India has reported that Vodafone is interested to make the entry with...

Hutch joins Jet Airways to offer M-ticketing service in India

Ritu — Wed, 21 Feb 2007 07:04:38 +0000

Now, Indians can book their Jet Airways tickets through their mobile phones. Hutch, India’s number one service provider has joined hands with Jet Airways to provide mobile ticketing service in India. Jet and Hutch has launched the...

Essar wants to work as strategic partner not as investment partner with Vodafone

Pratyush — Tue, 20 Feb 2007 12:23:36 +0000

Essar is all set to have a important discussion with Vodafone but before the discussion, the Indian firm has stated on Monday that Essar wants ‘partnership of equals’ and ‘joint management’ in Hutch’s operation in...

Vodafone CEO Sarin meets Indian PM Manmohan Singh, happy with current developments

Vipin — Sun, 18 Feb 2007 05:40:42 +0000

Arun Sarin, CEO, Vodafone completed a high-voltage three-day trip to India today after a 15-minute meeting with Prime Minister Manmohan Singh. Sarin said he briefed the Prime Minister about Vodafone’s plan of action for Hutch-Essar. Talking...

Vodafone, Essar all set to bargain

Vipin — Fri, 16 Feb 2007 14:43:32 +0000

Hard bargaining between Essar and Vodafone, which clinched a deal to get control in mobile player Hutch-Essar, is more than likely to begin in the next 10 days focusing on restructuring of shareholders agreement and other related matters,...