Hutch Tuesday

Powered by ActiveMedia Technology’s mobile coupon platform, Hutch has launched the “Hutch Tuesday” programme that provides exclusive offers to its subscribers across retail partners in Mumbai.
Under the terms of the privileges program, subscribers will receive exclusive two-for-one offers on a Tuesday and other ancillary offers the rest of the week to be redeemed at participating [...]

Who owns BPL Mobile?

The government seems unsure of the actual ownership of BPL’s mobile business, which was bought by Hutchison-Essar last year and has sought clarifications from it in this regard.
Following Hutch-Essar’s application for the legal merger of BPL Mobile Cellular Ltd and BPL Mobile Communications with it, the department of telecommunications has asked the BPL group about [...]

Hutchison offers to buy out Hindujas for $450m

Hutchison Whampoa is believed to have offered to buy the Hinduja group’s 5.11% stake in India’s 4th largest operator Hutchison Essar for $400m, according to ET.
A value of $400m for a 5% stake would thus mean a current valuation of $8 bn for Hutchison Essar. If the entity is subsequently listed, and the market valuation [...]