Moneycontrol PRO

business

Etisalat to exit India JV with DB promoters

Etisalat's Indian joint venture will shut down its mobile phone network after the country's top court ordered all telecoms licences issued under a scandal-tainted 2008 sale be revoked in four months, including those held by the UAE carrier's joint venture.

first published: Feb 22, 2012 08:22 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347