Essar Group does not have a right of first refusal over Vodafone Group Plc's $11.1 billion deal to buy a controlling stake in Hutchison Essar, the chief executive of Vodafone said on Wednesday.

Vodafone Group Plc will buy an additional 33 percent stake in its Indian joint venture for $5 billion after partner Essar Group exercised an option to sell the holding in India’s third-largest ...

Vodafone Group and India's Essar Group have reached an agreement on running Hutchison Essar, the Indian mobile phone operator in which Vodafone plans to acquire a controlling interest.

March 15, 2007. British giant Vodafone and Indian conglomerate Essar group reached an agreement on Thursday for jointly running India's fourth largest mobile firm -- Hutch-Essar, which would be ...

Vodafone Group and India’s Essar Group have reached an agreement on running Hutchison Essar, the Indian mobile phone operator in which Vodafone plans to acquire a controlling interest. Under the ...

Vodafone is to pay US$5 billion to buy the 33 percent stake held in its Indian mobile arm by local partner, Essar, reports the Financial Times.

Vodafone Essar, the local unit of the U.K.'s Vodafone Group, said it will start selling Apple's iPhone 3GS in India from Friday, following a similar announcement by larger rival Bharti Airtel Ltd ...

Vodafone says Indian law bars it from owning all of the 67% of Hutchison Essar it plans to buy in a controversial $11.1 billion deal, the Financial Times reported on Thursday.

British telecom Vodafone Group has won a bidding war for Hutchison Essar in a deal that values the rapidly growing Indian telecom at $18.8 billion, including debt. Vodafone will be buying the ...

LONDON (MarketWatch) -- British mobile operator Vodafone Group PLC on Thursday said it has agreed to pay $5 billion in cash to buy out the Essar Group from its Vodafone Essar Indian joint venture ...

Mobile phone giant Vodafone <VOD.L> has announced plans to cut costs and expand coverage in India, where it expects growth to continue for a "substantial period of time" yet.

Two Mauritius-based companies of India's Essar Group will shortly seek a refund of the $883 million which UK's Vodafone Group withheld as tax to pay Indian authorities while buying 22% stake in ...