Finally after months of ups and down, It is vodafone who acquired 67% partnership in Hutch-Essar . We all know that Hutch-Essar is 4th largest telecom company in India and was a partnership between Hutchison and Essar. Since Hutchison's share is now in hand of Vodafone so lets what they will call it now?
Still will it be hutch ?
On the other hand Vodafone is already having 10% partnership in Airtel, but I think they will have to sell it off because according to Indian rules, a foreign investment is can't be more than 74% in India.
but I really wanted Reliance to take over .. also Hinduja brothers were in bid.. but Vodafone took it.. lets see what next.
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