DoT likely to add Videocon dues of Rs 2,041 cr to Airtel's AGR bill; may not include Aircel's liabilities in Sunil Mittal-led telco
The DoT has pegged Airtel’s AGR dues at around Rs 35,586 crore, Videocon’s liabilities at 2,041 crore and Aircel’s dues at Rs 11,950 crore.
Airtel, Voda Idea, Tata Tele likely to pay AGR dues today; DoT unlikely to give more extension to telcos: Report
As per the last available estimates, Airtel owes nearly Rs 35,586 crore, including licence fee and spectrum usage charges, to the government.
ED summons P Chidambaram in connection with money laundering probe into aviation-related 'financial irregularities'
Enforcement Directorate has summoned P Chidambaram in connection with its money-laundering probe into aviation-related 'financial irregularities'.
Users of the Rs 169 plan with 1GB of data for 28 days can now max out 1GB of data every day of the month.
Canara Bank drags GTL group to NCLT after company defaults on its debt repayment worth Rs 1,000 crore
While GTL has defaulted on Rs 459 crore loans from the bank, GTL Infrastructure failed to make timely payment of Rs 541 crore to the lender
The ED is probing the Aircel-Maxis deal under the PMLA after taking cognisance of a 2011 CBI FIR in the case.
Idea-Vodafone merger heralds new phase of tough competition in telecoms; bankers and content consumers may hold the key
In a sense, the Idea-Vodafone merger was a forced marriage of convenience because Jio hit the market when the UK-based giant was planning its own Indian IPO (initial public offering), and the merger was seen as a backdoor way for Vodafone to get listed
Airtel-Tata Tele deal: C Sivasankaran to drag Cyrus Mistry to court for causing him Rs 3,000 crore loss
Earlier this month, Mistry had questioned the rationale behind the free sale of Tata Teleservices to Airtel.
The Serious Fraud Investigation Office (SFIO) is probing alleged financial irregularities at debt-laden Aircel as well as two group entities -- Aircel Cellular and Dishnet Wireless
Indian telecom subscriber base goes beyond the 1.2 billion mark with 26 million additions in March: TRAI report
TRAI's net addition trend shows that March was a competitive month with Idea Cellular and Bharti Airtel reducing their gap significantly with Reliance Jio.
IDBI Bank loan fraud: Two independent directors quit after CBI files FIR in connection with Rs 600 cr scam
Two independent directors Ninad Karpe and S Ravi have resigned from the board of state-owned IDBI Bank days after CBI filed FIR in connection with Rs 600 crore loan given by the bank to former Aircel promoter C Sivasankaran, his son and companies controlled by him
Telcos' revenue dip 8.6% to Rs 2.55 lakh crore; govt collections from licence fee, spectrum usage charges too plunge
The telecom sector's gross revenue fell by 8.56 percent to Rs 2.55 lakh crore in 2017, resulting in decline in government collections in form of licence fee
DRT orders: While Nirav Modis, Mehul Choksis escape net, people like Nirmala Prakash stand to lose their homes
Post-Nirav Modi scam, DRT is flooded with cases for adjudication and recovery by banks but a senior officer said on the condition of anonymity that the majority of big cases involving huge sums of money are being settled as per the whims and fancies of bank officials and big borrowers.
The CBI has registered a case against former Aircel promoter C Sivasankaran's companies Axcel Sunshine Ltd and Finland-based WinWinD Oy for defaulting a loan of Rs 600 crore
At present, it's difficult to gauge whether Jio is eating into others' share or adding to the pie with customers buying Jiophones as their secondary device.
Aircel has also been instructed to prepare a list of all prepaid subscribers ported out between 1 December 2017 and 10 March 2018
Aircel's committee of creditors wants to restart firm's mobile phone operations in some circles; seek investors
Aircel's lenders, led by the SBI, representatives from the firm's management and an insolvency professional from Deloitte have discussed a potential restart.
Interestingly, after 4G as India is looking hopeful for 5G, it is yet to catch up with its 4G internet speed.
India's telecom subscriber base dipped to 117.5 crore at the end of January with smaller operators losing bulk of their customers, as per monthly Trai report
Aircel-Maxis case: SC asks if invisible hands are delaying probe, directs completion of investigation in 6 months
Taking a hard stance on the Aircel-Maxis case, the SC directed investigating agencies to complete its probe into the 2G spectrum allocation case in six months.