Online edition of India's National Newspaper
Thursday, Jan 25, 2007
ePaper
Google



Business

News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Classifieds | Jobs | Obituary |



Business Printer Friendly Page   Send this Article to a Friend

Bharti to allow Vodafone exit

DAVOS: Bharti Airtel chief Sunil Mittal on Wednesday gave the go-ahead to British telecom giant Vodafone to sell its equity from his company in the market in case the U.K. entity acquired Indian mobile player Hutch-Essar.

"They can go to market and sell. It is good for the company as well since more of the float gets created,'' Mr. Mittal told reporters on the sidelines of the World Economic Forum meeting which began here. Vodafone is a front-runner for acquiring Hutchison Telecom's majority stake in the Indian venture Hutch-Essar. Indian partner Essar, Reliance Communications and the Hindujas are also interested in picking up the 67 per cent stake. — PTI

Printer friendly page  
Send this article to Friends by E-Mail



Business

News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Classifieds | Jobs | Obituary | Updates: Breaking News |


News Update


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | Publications | eBooks | Images | Home |

Copyright 2007, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu