Recent Highlights
All Stories for Financial Stress
Airtel, Vodafone Idea new rates effective from today: Tariff hike good for customers; to boost govt revenue, create jobs, says COAI
• 6 years agoThis is the first hike in the past five years in the country's telecom space that was facing tariff war, with voice calls becoming almost free in 2016 and steep 95 percent fall in data prices to Rs 11.78 per GB at present from Rs 269 per GB in 2014
Vodafone Idea, Airtel shares jump up to 8.5% amid govt move to set up panel to mitigate telecom financial stress
Fp Staff • 6 years agoAs the telecom sector stares at a massive payout following a Supreme Court order, the government has created a Committee of Secretaries to work out a financial bailout package
Govt to look at financial stress in telecom sector after Supreme Court orders massive payouts
• 6 years agoAs the telecom sector stares at a massive payout following a Supreme Court order, the government has constituted a Committee of Secretaries to work out a financial bailout package that may include lowering of spectrum charges as well as ending the era of free mobile phone calls and dirt cheap data
SC verdict on AGR: Telcos have long ignored the warning signals on revenue underreporting; cartelisation won't help this time
Rajendra Kumar Joshi • 6 years agoThe Supreme Court decision of giving three months is liberal considering the stringent provisions of the Insolvency and Bankruptcy Code 2016
US fund Invesco pays 10% premium to pick 11% more in Zee for Rs 4,224 cr; group to lower debt to Rs 7,000 cr
• 6 years agoThe price being paid by Invesco, which is a financial investor already holding 7.74 percent in Zee for long, is around Rs 400 a share,
Govt wants fair competition, will not encourage monopoly, says Telecom Minister Ravi Shankar Prasad to telco CEOs
• 6 years agoTelecom minister met CEOs of telecom companies including Bharti Airtel, Reliance Jio, Vodafone Idea and state-owned Bharat Sanchar Nigam Ltd
DHFL demise imminent just like debt-ridden IL&FS: India’s regulators, raters failed to catch early signs of NBFC mess
Dinesh Unnikrishnan123 • 6 years agoIn the case of both IL&FS and DHFL, rating agencies stepped in the last minute to call out the nature of stress in these firms and warn investors
Stiff competition, high employee costs lead to financial stress in MTNL, BSNL, but no proposal to shut down state-run units: Ravi Shankar Prasad
• 6 years agoEmployee cost of BSNL is 75.06% and MTNL is 87.15% of their total income, while for private telecom companies varies between 2.9 to 5%
Jet Airways crisis: Private airlines need to deal with issues facing them on their own, says Suresh Prabhu
• 7 years agoJet Airways, which has been flying for over 25 years, is facing financial woes and its share price has taken a beating in recent weeks.
Telecom minister Manoj Sinha assures 'corrective steps' to ensure growth in the sector
• 8 years agoThe meeting comes just days after an inter-ministerial group held a dialogue with all telecom companies on the industry's financial stress and measures that can be taken to ease the situation.