Aircel

Billionaire Monk: When A Tamilian Renounced Assets Worth Rs 40,000 Crore And Turned Monk - An Extraordinary Tale Of A Royal Blood

Richest Monk In The World: Ven Ajahn Siripanyo made the decision to forego his father Ananda Krishnan's wealth and pursue a life of enlightenment as a monk. Krishnan has grown to be one of Malaysia's wealthiest people because of his father's wealth and numerous businesses.

Jul 22, 2023, 11:59 AM IST

NCLAT dismisses DoT's plea in Aircel licence moratorium matter citing delay in appeal

The National Company Law Appellate Tribunal (NCLAT) has dismissed the telecom department's plea citing delay in appeal against the NCLT order which held that the spectrum and licence of debt-ridden Aircel cannot be taken away during the insolvency resolution period.

Mar 08, 2020, 16:56 PM IST

No new bank guarantee from Axis Bank to be accepted, says Telecom department

Telecom firms have to routinely furnish bank guarantees to meet their contractual commitments.

Mar 19, 2018, 18:24 PM IST

Airtel receives over 1.50 million Aircel customers

State-owned BSNL too joined adding Aircel customers saying it registered more than one lakh customers of Aircel opting its network.

Mar 16, 2018, 16:50 PM IST

Will Reliance Jio, Airtel help in keeping Aircel's network running?

Aircel has filed for bankruptcy saying high debt and mounting losses, following a price war triggered by a new entrant, have led the company to troubled times.

Mar 02, 2018, 12:19 PM IST

Aircel files for bankruptcy under insolvency code: 10 points

Know the top 10 updates on Aircel bankruptcy.

Mar 01, 2018, 09:14 AM IST

Aircel files for bankruptcy, blames competition and financial woes

Aircel, 74 per cent owned by Malaysia's Maxis Communications Bhd, first tried a merger with Reliance Communications Ltd but the plan failed.

Feb 28, 2018, 22:46 PM IST

Mobile number portability: TRAI asks Aircel to generate UPC for customers

Trai has also asked Aircel not to reject any porting-out request of its subscribers whose activation of mobile number in the "network of Aircel Group is of less than 90 days

Feb 28, 2018, 10:50 AM IST

News at a glance: February 23, 2018

Feb 23, 2018, 10:17 AM IST

Future of 5,000 Aircel employees hangs in balance as company looks to shut down services

Aircel has reportedly warned its employees to be ready for “difficult” times ahead in the wake of funding crunch.

Feb 23, 2018, 07:55 AM IST

Aircel network badly hit as porting requests rise exponentially

Customers of telecom service provider Aircel in Chennai are facing a tough time as they are rushing to apply for mobile number portability amidst reports of closure of the company's services

Feb 22, 2018, 08:20 AM IST

Difficult times ahead for Aircel staff, warns company

Aircel may soon file for bankruptcy at the National Company Law Tribunal (NCLT).

Feb 21, 2018, 11:32 AM IST

Aircel to soon file for bankruptcy at NCLT: Report

The lenders are scheduled to meet on Tuesday to decide on appointments and the future course of action.

Feb 19, 2018, 13:19 PM IST

Idea Cellular suspends interconnect services with Aircel citing dues

Idea said it will restore interconnect services immediately after Aircel makes the payment, but did not specify the outstanding amount.

Feb 07, 2018, 23:48 PM IST

NCLT approves withdrawal of RCom, Aircel merger deal

The order also approved withdrawal of demerger of tower business of Reliance Infratel to Towercom Infrastructure, the filing said.

Oct 14, 2017, 19:51 PM IST

RCom scrapping merger plan with Aircel credit negative: Moody's

On Sunday, RCom announced that the agreement had lapsed owing to legal and regulatory uncertainties, objections by interested parties and delays in receiving relevant approvals.

Oct 05, 2017, 14:05 PM IST

No impact of Aircel merger cancellation on RCom's rating: Moody's

Moody's had downgraded the credit rating of RCom to 'Ca' from 'Caa1' in June 2017.

Oct 03, 2017, 23:58 PM IST

RCom elevates top officials as board directors

Singh joined RCom from Aircel and has been with the firm for the past 6 years. Manikantan has been with the company for the last 22 years and has held several senior positions.

Oct 02, 2017, 16:13 PM IST

RCom calls off merger with Aircel due to 'regulatory' hurdles

The board decided that RCom will evaluate an alternative plan for its mobile business, through optimisation of its spectrum portfolio and adoption of a 4G focused mobile strategy.

Oct 02, 2017, 11:25 AM IST

IUC row simmers, Jio says COAI had no business airing views

He said COAI's responsibilities included ensuring facts are placed on record to inform the discourse.

Jul 27, 2017, 18:27 PM IST