Hutch Essar

October 17th, 2013 2:35 PM 17 COMMENTS

Vodafone and SingTel Want Their 100% Owned Subsidiary in India

UK based global telecom major Vodafone Group Plc wants to invest more than $2 billion in its Indian venture and becomes the first mobile operator to have the advantage of 100% foriegn direct investment. Telecom Minister Kapil Sibal informed this in Delhi. In August this year India's Telecom Commission approved the removal of limit of foriegn direct investment in telecom sector. Earlier it was capped at 74%. Telecomtalk forcasted that... Read More

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