Arab Today, arab today telenor to secure india investment
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

Telenor to secure India investment

Arab Today, arab today

Arab Today, arab today Telenor to secure India investment

New Delhi - Arabstoday

Oslo-based Telenor ASA said it has approached India’s Company Law Board to prevent any ‘wrongful obstruction’ of its effort to secure its Indian investments, after its mobile phone joint venture partner opposed its plan to scrap the partnership and migrate the business to a new company. Unitech said in a separate statement that it had also approached the Company Law Board - a quasi-judiciary body that rules on corporate matters — to safeguard its interests in the joint venture. The joint venture’s 22 telecoms licences are among the 122 licences that were ordered to be revoked by the country’s Supreme Court earlier this month amid a probe into a scandal-tainted 2008 sale. Telenor, which had bought into the JV after the licences were granted, last week accused Unitech of “fraud and misrepresentation” and said it would form a new company with a new partner. Unitech had termed Telenor’s move as ‘shocking’ and that Telenor cannot terminate the agreement unilaterally. Unitech said on Monday it would resist any ‘mala fide’ and ‘unilateral’ action by Telenor, reiterating its allegation that Telenor had been trying to push it out of the joint venture.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today telenor to secure india investment Arab Today, arab today telenor to secure india investment

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today telenor to secure india investment Arab Today, arab today telenor to secure india investment

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday