Why hutch is selling its majore stake in india and who is going to take.?

Question

Why hutch is selling its majore stake in india and who is going to take.?

Answer 1

DUE FINANCIAL OVER BURDEN,it is not clear who is going to take it,but reliance,tatas and many are in the fray,in my opinion reliance holds the best deal and they will surely get hutchission essar india.

Answer 2

The exact reason for why Hutch telecom is selling its major stake in India is unknown, But maybe because they must be unable to stand firmly in the telecom sector compition. According to my knowledge the Reliance, Vodafone have claimed a major stake for it.

Answer 3

To make the best of the situation;