Update: Essar has acquired majority (51%) stake in the Dhabi Group’s Uganda and Congo-Brazaville telecom networks, which are collectively valued at $318 million. The capital will be used to expand ... Continue_Reading

Shine.com crosses 3 million candidates In less than 2 years since launch Shine.com a part of Firefly eVentures, HT Media group has crossed the 3 million candidate mark. Shine claims to ... Continue_Reading

BSNL To Share Towers With Aircel, Tata Teleservices Aircel and BSNL have entered into a infrastructure sharing agreement where Aircel will have access to 45,000 towers across 21 circles. (more at ... Continue_Reading

FIPB Defers DBCorp, Rajashtan Royals Decision India’s Foreign Investment Promotion Board has deferred a decision on DB Corp’s plan for an IPO, which involves a sale from existing promoters, upto 26 ... Continue_Reading

Essar Telecom Targets 1.5 Million New Subscribers In Kenya Essar Telecom Kenya Ltd. a unit of India’s Essar Communications, is aiming to quadruple its number of subscribers to two million by ... Continue_Reading

Vishal Info Subsidiary To Launch Book Portal CoralHub Online Service, a subsidiary of e-publishing company Vishal Information Technologies has published classics since 2006 and has a catalog of 5,600 titles.  It ... Continue_Reading

Rediff Sues Latin American Co. For Cyber Squatting Rediff.com has won a case against Panama-based Domain Management for running a website similar to its flagship webmail service Rediffmail.com. Domain Management bought ... Continue_Reading

Essar Group’s handset retail chain The Mobile Store is looking to raise $75 million for acquisitions and expansion in the country. Business Standard reports that the company would sell a ... Continue_Reading

Responding to an allegation at an arbitration hearing between Vodafone and the Essar Group, Essar has disclosed that BPL Mobile raised $80 million (around Rs. 357 crores), from a “Mauritius-based ... Continue_Reading

Rajiv Sawhney, the President Director at Hutchison Telecom, has been roped in to head Loop Telecom, reports the Economic Times. Loop is a subsidiary of BPL mobile, and has the ... Continue_Reading