Such telcos should pick up AGR bill, says apex court
From Airtel readying to take on Jio to Kerala govt and Centre on collision course over privatisation of airport, here are the top headlines this morning
Tech to be tested once spectrum is available
Justice Mishra observed under the IBC spectrum trading was different from spectrum sale
The regulator recently sent reminders to the two companies to submit the additional data to back their claims, the source told PTI
All that happened in the markets today
All that happened in the markets today
In its last hearing, the SC had asked the Centre to prepare a plan for recovering AGR dues from bankrupt telecom operators
The stock recouped most of the day's losses after some brokerages pointed out that the reduction in weightage could be on account of an error in computation
Digital offerings represent a "growing area of investment" for every telecom company, with Reliance Jio leading the way, according to an analyst report
Justice Arun Mishra said: "We want to go into the cause for initiation of insolvency against telcos under the IBC."
Airtel said the inauguration of undersea optic fibre link between Chennai and Andaman and Nicobar Islands is a game changer, and will unlock the potential of 4G and 5G services in the region.
All that happened in the markets today
The company's future as a going concern, as it has admitted in its results for the June quarter of 2020-21, will be crucially dependent on the SC decision on repayment tenure
From auto firms planning new launches for festive season, Rajnath Singh banning import of defence items to telcos awaiting SC response of AGR dues, here are the top ness of the day
Both companies had sought 20 years time to make payment
The result indicated the impact of the Covid-19 pandemic and the lockdown, but its overall performance was weighed down by financial stress
From PM Modi laying foundation stone of Ram Temple, RBI Policy meet likely to keep lending rate unchanged to Airtel signing Amazon deal, here are the top news of the day
Puneet Chandok, president, commercial business, India and South Asia, Amazon Internet Services, said it is a 50:50 strategic partnership
Although Vodafone Idea Ltd. hasn't made a profit since 2017, its shares have more than doubled in the past three months