Ruia

All is not well between Ruia’s and Vodafone

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By Vipin Agnihotri

In my opinion, the pursuit of power has irresistible appeal in the Indian telecom sector. For example, everyone is aware of how Kumaramangalam Birla and Ratan Tata made a mess of their ‘idea’ of partnership. Another stalemate is in the making between Ruias (holding 33 per cent in Hutchinson Essar) and Vodafone (with 52 per cent stake).

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