With 2019 drawing to a close, Business Standard looks at the biggest news developments from the world of business that shaped the year
The economic slowdown and uncertain environment have led investors to put their faith in quality and size.
Telecom companies owe the government Rs 92,642 crore in unpaid licence fee, and another Rs 55,054 crore in outstanding spectrum usage charges.
From DHFL's dues claim to Bharat Forge increasing stake in Aeron Systems, here are the top 10 business stories that made news on Monday
In October this year, Bharti Infratel had extended the deadline for merger by two months to December 24.
The Supreme Court order for including non-core revenue in telecom groups' gross adjusted revenue -- the figure on which the levies are charged -- revived the rivalry between Ambani and Bharti Mittal
It's been a bruising battle but Mittal has managed to remain standing without conceding much market share to his rival and keeping his debt under control
In October this year, Bharti Infratel had extended the deadline for merger by two months to December 24 as regulatory uncertainty loomed over the deal
'We are unnecessarily killing this industry in a manner and way that is not conducive for our industry, and that's why we need Trai intervention,' Mittal added
Incumbent operators fought a public battle against Reliance Jio for the extension of the regime
Mittal said he made a request, on behalf of the telecom industry, for Rs 37,000 crore goods and services tax (GST) refund
Financial disincentive of Rs 47.5 lakh has been imposed on government-owned telecom firm BSNL, Rs 56 lakh on Tata Teleservices, Rs 34 lakh on Bharti Airtel
Free voice calls and dirt cheap data by billionaire Mukesh Ambani's Jio has wrecked havoc on the industry, which squeezed finances to match them
The merger with Dish TV provides Airtel substantial access to new homes.
Weak underlying economic trends may keep market interest limited to select stocks
The EGM will be held on January 3, 2020.
Reliance Jio, the telecom arm of RIL, last week raised tariff by up to 39 per cent following hikes effected by other service providers.
The payment of interim dividend/dispatch of dividend warrants will be done on or before January 9, 2020
Focus on postpaid, 2G network, and vibrant enterprise business make Airtel attractive
The Wi-Fi calling will let Airtel users make use of the Wi-Fi network in their homes to make calls using VoIP, instead of relying on cellular connectivity