As per a company notice to shareholders, there shall be no meeting requiring physical presence at a common venue in view of the present circumstances on account of the Covid-19 pandemic
Through this innovative account construct, MSMEs and other organisations will be able to make cashless payments and also provide a financial security blanket to their employees," the bank said.
Given the high possibility of operators shying away from participation, the DoT is yet to decide on including the premium 5G spectrum in the tender.
The deal, which was signed in April 2018, is expected to come to fruition and once it is completed it will create one of world's biggest telecom tower companies.
All that happened in the markets today
The company has, accordingly, urged the partners to pass the base monthly pay to all their staff for May
Vodafone Idea will have to cough up an additional Rs 5,235 crore every year till 2040 to pay its remaining portion of the AGR dues.
In its affidavit, Bharti Airtel on Thursday told the court it had paid a substantial part of its AGR dues, seeking 20 years to pay the rest.
Vodafone Idea (VIL) would be the worst-affected if the AGR outstanding cannot be staggered or waived, but Bharti Airtel would also be under pressure
Bharti companies are 'not fly-by-night operators', company tells court about amount it has been asked to pay government
The bench asked the telecom companies to file their financial statements before it and fixed the matter for hearing in third week of July
DoT seeks time from SC to respond to telcos replies on payment of AGR related dues by them
Bharti Airtel - in a regulatory filing - said the acquisition of the equity shares of investee company is done at mutually agreed pre-money enterprise valuation
In this battle of ecoystems, Google desperately needs a telecom company for its plans for India
Counsels of both the mobile operators had sought a fortnight for submission of the affidavit
The financially distressed Vodafone Idea has paid Rs 6,854 crore of its dues, of the Rs 58,254 crore-demand raised by the DoT. The company's own assessment, however, pegs the dues at Rs 21,533 crore
The SC has not dictated the telcos to pay the dues right away, which shows its flexibility on the matter
Payment timeline for AGR dues would be critical
The AGR issue is a 14-year-old case that had mobile operators locked in a legal battle with the government over the definition of of the term
The deal has been approved by Bangladesh Telecommunication Regulatory Commission