India told to bear 60% of Voda's legal costs amounting to over £4 million; FinMin tells govt to consult counsel and consider all options
The victory at the Hague however will boost sentiment for the stock
"The govt will be studying the award and all its aspects carefully in consultation with our counsels," Finance Ministry said in a statement, adding that it will consider all options
The tribunal, in its ruling, said the government must cease seeking the dues from Vodafone and should also pay $5.47 million to the company as partial compensation for its legal costs
From Vodafone International winning arbitration case against govt to Election Commission announcing Bihar poll dates, Business Standard bring you top news of the evening
Matching Jio's OTT bundling can impact 1-6 per cent of fiscal 2021 earnings before interest tax depreciation and amortisation (EBITDA) for peers, it added
The telco has till now been advertising the two brands separately
The relaunch, coming two years after the August 2018 merger of Vodafone and Idea Cellular, is to have a combined brand identity and advertising around it
From reality check for stock markets to tremors of PUBG ban in the gaming community, here are top headlines this morning
But the jury is out on its rock-bottom pricing for the broadband venture
The telecom operator is working to identify potential investors in the US, the people said
Justice Mishra observed under the IBC spectrum trading was different from spectrum sale
On Tuesday, during the company's first pandemic-forced virtual annual general meeting, Ambani outlined another vision to disrupt the mobile device market again.
The term 'interconnection' refers to commercial and technical arrangements under which telecom service providers connect their equipment, networks, and services to enable access to other networks
According to a senior executive of a telecom tower firm, Vodafone Idea cited payment of adjusted gross revenue (AGR) to the government and the resultant cash flow problems for the default.
Operator needed to have a "sensible time scale" of several years to implement any further Huawei restrictions
Brands need new customer touch points, efficient channels of communication and delivery and new ways to stay relevant
The planned investment, if completed, would mean Amazon acquiring a roughly 5% stake based on the current market value of Bharti
The pandemic will hurry the closure of brands and businesses that would have gone into gradual decline. Wait then for more deals to be announced in media and entertainment
Due to the lockdown, artists are turning to online shows but the concept of online concerts are still at a nascent stage making survival difficult for many