Maxis Communication

  • 2G scam: ED slaps case against Marans February 8, 2012

    New Delhi: The Enforcement Directorate (ED) registered two money laundering cases against former Union Minister Dayanidhi Maran and his brother Kalanidhi on Wednesday in the multi-crore 2G licence scam. An illegal gratification of Rs 550 crore was reportedly accepted through Dayanidhi's brother Kalanidhi in the garb of share premium invested...
  • Saudi Telecom acquires stake in Maxis June 26, 2007

    New Delhi: Dow Jones reports say Arab's largest telecom firm Saudi Telecom has acquired 25 per cent stake in Maxis Communications. Saudi Telecom will also buy a 51 per cent direct stake in Maxis' Indonesian unit. The whole deal is worth $3.04 billion. This indirectly gives Saudi Telecom an 18 per...
  • Hutch-Essar bid war turns political June 16, 2007

    New Delhi: Egyptian telecom giant Orascom, has said that it is still in the race to acquire Hutchison Essar, although it is yet to make a firm bid. The Egypitan government has also written to the Indian government seeking clarity on its stand. Meanwhile European rival Vodafone too is upping the...