Choosing The Right Forum For Business Disputes | Etisalat Sues Indian JV Partner In Indian Courts.

Posted on Mar 12, 2012 in Emirates-Asia, India, UAE Law and Business

Late last month, the local media was flooded with reports of UAE-based operator Etisalat initiating legal proceedings in Indian courts against its Indian JV partner alleging fraud and misrepresentation. Given that the Indian court system is often criticized for its protracted judicial processes and accumulation of huge arrears of cases, the first question that comes […]

Etisalat Commences Legal Proceedings Against Swan Telecom Promoters

– The Emirates Telecommunications Corporation – Etisalat has issued proceedings in the Indian Courts against Mr Balwa, Mr Goenka and Majestic Infracon Pvt Ltd for fraud and misrepresentation. Etisalat’s case is that it was induced to sign agreements without knowledge of the allegations of fraud now in the courts.   My Solution Info Related articles […]

Indian Costs Weigh Down Etisalat

Posted on Feb 10, 2012 in Emirates-Asia, India

Abu Dhabi based Etisalat, the Middle East’s biggest telecom provider, posted a 4Q downturn of 65% in net profit due to a decision made last week by the Indian Supreme Court. Last week, the Court decided to cancel all mobile-telecom-service licenses issued  in the country without auction after January 2008. The decision raises uncertainty over billions […]

Latin America India Investors Forum

LatinFinance* reports that “investment and trade between India and Latin America increased to US$23bn in 2010 from $2.1bn in 2000. It is projected to reach $30bn by 2012 illustrating that the relationship between the two regions is growing deeper and becoming strategically important to the global economy.” The Latin America India Investors Forum, November 17 […]

Warning: A non-numeric value encountered in /home/emiratesbusiness/public_html/wp-content/plugins/ultimate-social-media-icons/libs/controllers/sfsi_frontpopUp.php on line 59