| Finance Minister P Chidambaram has given his assent to the Vodafone application to buy a 52% stake from Hutchison Whampoa in Hutchison-Essar. Last week, Foreign Investment Promotion Board (FIPB) cleared the proposal. With the latest move, Hutch-Essar will be renamed Vodafone Essar. |
FM approves Vodafone-Hutch deal
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First Published: May 04 2007 | 10:00 PM IST
