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Delhi High Court Issues Notice to Essar, Loop Promoters for Cheating DoT
The CBI told Delhi High Court that the trial court had failed to appreciate the evidence which proved that the accused had hatched a conspiracy to cheat the DoT for obtaining spectrum licence.
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Essar Group Seeks Rs 4,000 crore Tax Refund On Vodafone Stake Sale
Ruias-owned Essar Group is seeking refund on the corporate tax paid for selling its stake in Vodafone.
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Essar Announces Aegis Sale, To Completely Exit From BPO Business
Essar had in July 2014 sold Aegis USA Inc, an outsourcing and technology company with operations in the US, the Philippines and Costa Rica, to Teleperformance of Paris for $610 million.
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Essar Exits Telecom Business After Monetizing $6 Billion
By selling off yuMobile in Kenya to Bharti Airtel and local operator Safaricom, Essar on Thursday marked its exit from its telecom business globally and completed monetization in the segment for $6 billion.
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Essar Completely Exits Telecom Business With yuMobile Sale
Essar has concluded sale of its Kenya-based yuMobile to Airtel and Safaricom for $120 million.
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Safaricom, Airtel Joint Bid for Essar Kenya Assets Seen Finalising Soon
Kenya's regulator on Wednesday said it has given preliminary approval to a joint bid by Safaricom and Airtel for the mobile assets of Essar Kenya and the final nod could be given next month.
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Vodafone, Government Agree to Extend Date for Selection of Third Arbitrator
The government and Vodafone have mutually agreed to extend the deadline for appointment of the third arbitrator to resolve the Rs 20,000-crore tax dispute with the UK telecom major.
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Essar Says in Binding Pact to Sell Telecoms Business in Kenya
Under the agreements, Safaricom will take over Essar Telecom Kenya Ltd's network, IT and office infrastructure, while Bharti Airtel will acquire its subscribers.
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Court Refuses to Entertain PIL in Vodafone Tax Case
The Supreme Court on Tuesday refused to entertain a PIL seeking direction to the Centre to recover around Rs 20,000 crore tax dues from UK telecom major Vodafone and to restrain the government from going ahead with arbitration on the issue.
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R C Lahoti Appointed as Arbitrator in Vodafone Tax Case: Report
The government has appointed former Chief Justice of India R C Lahoti as arbitrator in the Rs 20,000-crore tax dispute case with UK telecom major Vodafone.
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Aegis Expands Malaysia Operations, Adds 600 People in Kuala Lampur
Aegis, the business process management arm of Essar Group, has increased headcount at its Kuala Lampur centre by 60 per cent to 1,600 people, driven by strong demand across verticals such as telecom, banking and travel.
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Vodafone: Finance Ministry Moves Cabinet to Get Out of Talks, Says Report
The Finance Ministry on Monday said it has moved the Cabinet for withdrawing from conciliation proceedings to resolve the tax row with Vodafone after the UK-based telecom firm served notice of arbitration.
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Bharti Airtel, Safaricom get conditional approval to buy Kenyan rival: report
Kenya's telecoms regulator granted conditional approval to the nation's biggest telecoms operators - Safaricom and the local unit of Bharti Airtel - to buy the No. 3 network, Yu, operated by Essar Telecoms.
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Airtel eyes Essar's $100 mn Kenya telecom business
In March 2011, Essar exited from telecom business in India by selling its 33 per cent stake to Vodafone in Vodafone Essar, now Vodafone India, for $5 billion.
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Vodafone tax conciliation decision due after transfer pricing case is settled
Of the two pending cases against Vodafone, the government is waiting for the transfer pricing case to be resolved.
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Delhi High Court Issues Notice to Essar, Loop Promoters for Cheating DoT
The CBI told Delhi High Court that the trial court had failed to appreciate the evidence which proved that the accused had hatched a conspiracy to cheat the DoT for obtaining spectrum licence.
-
Essar Group Seeks Rs 4,000 crore Tax Refund On Vodafone Stake Sale
Ruias-owned Essar Group is seeking refund on the corporate tax paid for selling its stake in Vodafone.
-
Essar Announces Aegis Sale, To Completely Exit From BPO Business
Essar had in July 2014 sold Aegis USA Inc, an outsourcing and technology company with operations in the US, the Philippines and Costa Rica, to Teleperformance of Paris for $610 million.
-
Essar Exits Telecom Business After Monetizing $6 Billion
By selling off yuMobile in Kenya to Bharti Airtel and local operator Safaricom, Essar on Thursday marked its exit from its telecom business globally and completed monetization in the segment for $6 billion.
-
Essar Completely Exits Telecom Business With yuMobile Sale
Essar has concluded sale of its Kenya-based yuMobile to Airtel and Safaricom for $120 million.
-
Safaricom, Airtel Joint Bid for Essar Kenya Assets Seen Finalising Soon
Kenya's regulator on Wednesday said it has given preliminary approval to a joint bid by Safaricom and Airtel for the mobile assets of Essar Kenya and the final nod could be given next month.
-
Vodafone, Government Agree to Extend Date for Selection of Third Arbitrator
The government and Vodafone have mutually agreed to extend the deadline for appointment of the third arbitrator to resolve the Rs 20,000-crore tax dispute with the UK telecom major.
-
Essar Says in Binding Pact to Sell Telecoms Business in Kenya
Under the agreements, Safaricom will take over Essar Telecom Kenya Ltd's network, IT and office infrastructure, while Bharti Airtel will acquire its subscribers.
-
Court Refuses to Entertain PIL in Vodafone Tax Case
The Supreme Court on Tuesday refused to entertain a PIL seeking direction to the Centre to recover around Rs 20,000 crore tax dues from UK telecom major Vodafone and to restrain the government from going ahead with arbitration on the issue.
-
R C Lahoti Appointed as Arbitrator in Vodafone Tax Case: Report
The government has appointed former Chief Justice of India R C Lahoti as arbitrator in the Rs 20,000-crore tax dispute case with UK telecom major Vodafone.
-
Aegis Expands Malaysia Operations, Adds 600 People in Kuala Lampur
Aegis, the business process management arm of Essar Group, has increased headcount at its Kuala Lampur centre by 60 per cent to 1,600 people, driven by strong demand across verticals such as telecom, banking and travel.
-
Vodafone: Finance Ministry Moves Cabinet to Get Out of Talks, Says Report
The Finance Ministry on Monday said it has moved the Cabinet for withdrawing from conciliation proceedings to resolve the tax row with Vodafone after the UK-based telecom firm served notice of arbitration.
-
Bharti Airtel, Safaricom get conditional approval to buy Kenyan rival: report
Kenya's telecoms regulator granted conditional approval to the nation's biggest telecoms operators - Safaricom and the local unit of Bharti Airtel - to buy the No. 3 network, Yu, operated by Essar Telecoms.
-
Airtel eyes Essar's $100 mn Kenya telecom business
In March 2011, Essar exited from telecom business in India by selling its 33 per cent stake to Vodafone in Vodafone Essar, now Vodafone India, for $5 billion.
-
Vodafone tax conciliation decision due after transfer pricing case is settled
Of the two pending cases against Vodafone, the government is waiting for the transfer pricing case to be resolved.
