Vodafone India Liquidation Worry
When Vodafone Plc., in 2007 acquired a majority stake in Hutchison Essar, its (Vodafone’s) Indian-born chief executive officer (CEO) Arun Sarin did not hide his exuberance after emerging as the winner against tough competition. “We have got it at a reasonable price. And I am confident that the business will make a major contribution to …