Tata Teleservices

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Tata Teleservices - Total results - 212
Supreme Court grants 10 years to telecom firms to pay AGR dues worth Rs 1.6 lakh crore
Business

Supreme Court grants 10 years to telecom firms to pay AGR dues worth Rs 1.6 lakh crore

Failure to pay the instalments of the dues would incur penalty, interest, and contempt of court, the Bench cautioned the telecom firms

Govt asks Bharti Airtel, Vodafone Idea, other telcos to pay balance AGR dues without delay: Report
Business

Govt asks Bharti Airtel, Vodafone Idea, other telcos to pay balance AGR dues without delay: Report

The government has so far received about Rs 26,000 crore from AGR payments, including adhoc/ buffer amounts given by telcos to meet any reconciliation differences with the telecom department

DoT to write fresh letters to telecom companies, questions discrepancy in AGR dues math; seeks names of MDs
Business

DoT to write fresh letters to telecom companies, questions discrepancy in AGR dues math; seeks names of MDs

The move assumes significance as the amounts paid by telcos so far, even those who have announced full and final settlement, is significantly less than DoT's AGR estimates.

AGR dues: Tata Sons chief meets Communications Minister Ravi Shankar Prasad as DoT prepares to issue notice to Tata Teleservices
Business

AGR dues: Tata Sons chief meets Communications Minister Ravi Shankar Prasad as DoT prepares to issue notice to Tata Teleservices

Tata Teleservices has paid Rs 2,197 crore, the entire outstanding it believes to have arisen after the October ruling of the apex court for calculating dues.

Tata Group refuses to pay Rs 13,823 cr AGR dues; says already cleared Rs 2,197 cr based on self-assessed calculations
Business

Tata Group refuses to pay Rs 13,823 cr AGR dues; says already cleared Rs 2,197 cr based on self-assessed calculations

On 17 February, Tata Teleservices had paid Rs 2,197 crore to the government, while DoT's calculations pegs the outstanding amount at over Rs 14,000 crore after the Supreme Court coming down heavily on telecom firms.

AGR dues: DoT likely to send notice to Tata Teleservices soon; SC to hear telecom players' pleas on 17 March
Business

AGR dues: DoT likely to send notice to Tata Teleservices soon; SC to hear telecom players' pleas on 17 March

The Supreme Court will hear the modification pleas, filed by telecom operators, namely Tata Teleservices, Vodafone Idea and Bharti Airtel on the AGR ruling, on 17 March.

AGR dues: Vodafone Idea pays Rs 1,000 cr to telecom department; DoT to issue fresh notices to Tata Teleservices
Business

AGR dues: Vodafone Idea pays Rs 1,000 cr to telecom department; DoT to issue fresh notices to Tata Teleservices

Vodafone Idea on Thursday paid Rs 1,000 crore more to the Department of Telecommunications (DoT) towards its statutory dues, a senior official said

AGR dues: Sunil Mittal, KM Birla meet Nirmala Sitharaman as their firms scramble to meet payment deadlines
Business

AGR dues: Sunil Mittal, KM Birla meet Nirmala Sitharaman as their firms scramble to meet payment deadlines

Mittal, who heads mobile service major Bharti Airtel, first met Telecom Secretary Anshu Prakash before going for the meeting with the finance minister

AGR dues: Vodafone Idea says will 'immediately' pay Rs 2,500 cr to DoT; Tata Teleservices makes Rs 2,197 cr payment
Business

AGR dues: Vodafone Idea says will 'immediately' pay Rs 2,500 cr to DoT; Tata Teleservices makes Rs 2,197 cr payment

Vodafone Idea Ltd (VIL) has said its board has authorised the company to immediately pay Rs 2,500 crore, a portion of its statutory dues, to the telecom department on Monday

Airtel, Voda Idea, Tata Tele likely to pay AGR dues today; DoT unlikely to give more extension to telcos: Report
Business

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.

Bharti Airtel raises additional $250 mn via perpetual bonds, offers yield of 5.65%
Business

Bharti Airtel raises additional $250 mn via perpetual bonds, offers yield of 5.65%

Airtel is among the few domestic companies, including Reliance and SBI, to issue perpetual bonds which do not prescribe a maturity date but can go up to 100 years

Srinath Narasimhan appointed as Tata Trusts chief executive; former Citi CEO Pramit Jhaveri to be Trustee of Sir Dorabji Tata Trust
Business

Srinath Narasimhan appointed as Tata Trusts chief executive; former Citi CEO Pramit Jhaveri to be Trustee of Sir Dorabji Tata Trust

Currently, Narasimhan is the managing director of Tata Teleservices Ltd and Tata Teleservices (Maharashtra) Ltd, Tata Trusts said in a statement.

Tata Sons likely to pay Tata Teleservices' AGR dues of Rs 13,823 cr, company to approach TCS for funds: Report
Business

Tata Sons likely to pay Tata Teleservices' AGR dues of Rs 13,823 cr, company to approach TCS for funds: Report

Two weeks ago, Tata Sons was trying to raise around Rs 14,000 crore from banks and through internal accruals to pay the AGR dues of Tata Teleservices before the 23 January deadline.

Telecom majors seek more time from govt; may miss 23 January deadline to pay AGR dues to DoT
Business

Telecom majors seek more time from govt; may miss 23 January deadline to pay AGR dues to DoT

DoT estimates that telecom companies are required to jointly pay around Rs 1.47 lakh crore by 23 January

Supreme Court to hear Tata Sons plea challenging NCLAT decision restoring Cyrus Mistry as chairman today
Business

Supreme Court to hear Tata Sons plea challenging NCLAT decision restoring Cyrus Mistry as chairman today

Tata Sons has challenged the 18 December decision of the National Company Law Appellate Tribunal (NCLAT) that gave a big relief to Cyrus Investment Pvt Ltd and Mistry, restoring him as the executive chairman of Tata Sons

Supreme Court to hear on Friday Tata Sons plea challenging NCLAT decision restoring Cyrus Mistry as chairman
Business

Supreme Court to hear on Friday Tata Sons plea challenging NCLAT decision restoring Cyrus Mistry as chairman

In the last three years, both in conduct and in their statements to the world at large, Tata Group's leadership has shown scant respect for the rights of minority shareholders, Mistry said.

Cyrus Mistry says not interested in getting back to Tata Group in any capacity; to pursue options to protect rights as minority shareholder
Business

Cyrus Mistry says not interested in getting back to Tata Group in any capacity; to pursue options to protect rights as minority shareholder

Cyrus Mistry, the ousted Tata Sons chairman, said he has taken the decision in the overall interest of the Tata group, whose interests are far more important than those of any individual

Bharti Airtel nearly doubles minimum recharge from Rs 23 to Rs 45 for prepaid customers
Business

Bharti Airtel nearly doubles minimum recharge from Rs 23 to Rs 45 for prepaid customers

The announcement pertains to prepaid subscribers of Bharti Airtel and Bharti Hexacom in all service areas

Delay hits Airtel, Tata Teleservices merger; unlikely to get govt nod this year as deal caught in AGR dues controversy
Business

Delay hits Airtel, Tata Teleservices merger; unlikely to get govt nod this year as deal caught in AGR dues controversy

Bharti Airtel on 1 July announced that the consumer mobile business of Tata Teleservices Ltd (TTSL) has now become a part of the company

Tata Teleservices Managing Director Srinath Narasimhan likely to head Tata Trusts; may get CEO post
Business

Tata Teleservices Managing Director Srinath Narasimhan likely to head Tata Trusts; may get CEO post

Soon after his exit, Ratan Tata's half- brother Noel Tata was appointed the trustee of Sir Ratan Tata Trust, the second largest among the dozen-odd charities that make up the Tata Trusts.