Tata Communications
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AGR dues: Airtel, Vodafone Idea default on Rs 88,634 cr payment; DoT orders no coercive action against delay
•Following the 24 Supreme Court October order, the DoT had sought Rs 1.47 lakh crore from Bharti Airtel, Vodafone Idea and 13 other telecom companies
AGR woes: DoT directs officials not to take action against telcos on dues non-payment
•The Licensing Finance Policy Wing of the Telecom Department on Thursday directed all departments concerned to not take any coercive action against telecom operators if they fail to clear AGR dues as per the Supreme Court order until further orders
AGR woes: Bharti Airtel, Vodafone Idea to pay telecom dues after Supreme Court hearing next week; deadline ends today
•Bharti Airtel and Vodafone Idea have communicated to the telecom department that they will not pay AGR dues of Rs 88,624 crore, the deadline for which ends on Thursday, and will wait for the outcome of modification petition listed for hearing before the Supreme Court next week, according to official sources
Tata Communications end eight year Formula One partnership, look to 'explore other platforms'
•Tata Communications has ended a partnership with Formula One after eight years working together on the sport’s digital transformation, the Indian-owned company said.
Tata Group stocks recover lost ground, gain up to 3% at close of trade; TCS shares rise 2.83%
•Shares of various Tata group companies on Thursday bounced back to close with gains of up to 3 percent a day after an NCLAT ruling that reinstated Cyrus Mistry as chairman of main group holding company Tata Sons sent the stocks down
Tata Group stocks remain under pressure after NCLAT verdict; fall up to 2% in morning trade
•Shares of various Tata Group companies remained under pressure on Thursday as well, falling up to 2 percent in morning trade, after the National Company Law Appellate Tribunal (NCLAT) restored Cyrus Mistry as Tata Sons Chairman
CII partners Tata Communications to set up Centre for Digital Transformation for new-age tech
•Industry body CII on Wednesday said it has partnered Tata Communications to set up a 'Centre for Digital Transformation' (CDT) that will help companies, especially small and medium enterprises, on using new-age technologies
IBM and Tata join governing council of US blockchain platform Hedera Hashgraph
•All members of the Hedera governing council have equal say in approving updates to the platform codebase.
Demerger of Tata Communications' surplus land to Hemisphere Properties India gets MCA nod
•As per the demerger plan, Tata Communications would transfer the surplus land to HPIL after the issue of equity shares by HPIL to the shareholders of the company.
Former MD of Tata Communications, Vinod Kumar, joins Vodafone Group; to take charge as business chief on 2 September
Fp Staff •Vinod Kumar will be a part of the executive committee from 2 September and report to Vodafone Group chief executive Nick Read