Department of Telecommunications can initiate action against Airtel promoters
As per Airtel's filings with NSE/BSE, the promoter group of Airtel is comprised of Bharti Telecom Limited with a shareholding of 41.24 per cent, Indian Continent Investment Limited - 6.46 per cent, Viridian Limited - 0.21 per cent and Pastel Limited - 14.79 per cent.
Nov 04, 2019, 12:40 PM IST
Tata Sons writes off entire Rs 28,651 cr investment in Tata Teleservices
Tata Sons is in the process of transferring the consumer mobile business of Tata Teleservices to Bharti Airtel and hiving off the enterprise segment to merge with the group's networking arm Tata Communications.
Oct 23, 2018, 18:19 PM IST
Reliance Jio adds 10 times more users than rest of the players in July
Vodafone, which was operated as an independent entity in July, could add over 6 lakh customers.
Sep 19, 2018, 13:49 PM IST
Tata telco buy to help Airtel catch up with Idea-Voda: Experts
The shareholders of Idea Cellular have approved merger scheme of its mobile business with Vodafone India.
Oct 13, 2017, 16:22 PM IST
Bharti Airtel stock surges on Tata mobile unit deal
India`s telecoms market has seen rapid consolidation since the entrance of Reliance Jio Infocomm Ltd sparked a price war.
Oct 13, 2017, 11:46 AM IST
Airtel to acquire struggling Tata Tele on 'no-debt, no-cash' basis
In February, Airtel absorbed Telenor's operations in seven circles -- Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam in a similar no cash deal.
Oct 12, 2017, 23:40 PM IST
Tata Teleservices to merge consumer mobile business with Bharti Airtel
The merger is being done on a debt-free cash-free basis, except for Bharti Airtel assuming a small portion of the unpaid spectrum liability of Tata`s towards DoT, which is to be paid on deferred basis, the statement added.
Oct 12, 2017, 16:35 PM IST
As telecom sector reels, need for government to step in (News Analysis)
One of the reasons is the high levies imposed on the sector. Industry bodies have often in the past bemoaned the fact that the Indian levy on the sector is in the 30 per cent-plus range.
Oct 04, 2017, 18:26 PM IST
Birlas enter top league with $50-billion m-cap; Tatas still on top
The combined market valuation of the Kumar Mangalam Birla-led listed companies stood at Rs 3,42,354.87 crore (USD 53.5 billion) at the end of Friday's trade.
Sep 03, 2017, 13:43 PM IST
Tata Sons to seek CCI, I-T nod for DoCoMo payout
Tata Sons will seek the approval of the Competition Commission of India and tax authorities to remit USD 1.18 billion to estranged partner NTT DoCoMo to settle its long-standing dispute.
May 02, 2017, 23:53 PM IST
Tata Teleservices fires 500-600 employees
The lay-offs comes at a time when the telecom industry has been witnessing an intense tariff war triggered by the entry of Reliance Jio.
May 02, 2017, 15:58 PM IST
Tata-DoCoMo truce may leave Japanese firm with $790 million to invest in India
Tata Sons will split a dispute settlement payment of $1.18 billion owed to NTT DoCoMo over the Japanese firm`s exit from a telecoms joint venture, leaving it with about two-thirds of the amount to invest in India, a source said.
Mar 03, 2017, 14:11 PM IST
Telecom Comm seeks clarity from Trai on Rs 3,050-crore fine
Inter-ministerial panel Telecom Commission on Monday sought clarity from Trai on Rs 3,050-crore penalty that the watchdog recommended on three operators, including Airtel and Vodafone, for allegedly violating interconnect norms and its power to impose fine in such cases.
Feb 06, 2017, 19:36 PM IST
After TCS, Tata Teleservices 'unanimously' removes Cyrus Mistry as chairman, director
In yet another blow for Cyrus Mistry, Tata Teleservices on Wednesday "unanimously" removed him as the director and chairman of the company.
Dec 14, 2016, 18:29 PM IST
Cyrus Mistry chairs Tata Teleservices Board meeting
Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.
Nov 07, 2016, 23:17 PM IST
Ousted Tata Sons chairman Cyrus Mistry chairs Tata Teleservices board meeting
Ousted Tata Sons chairman Cyrus Mistry continued to chair group companies and on Monday he chaired a meeting of the distressed telecom arm of the group, Tata Teleservices, at the Bombay House, the group headquarters here this afternoon.
Nov 07, 2016, 22:58 PM IST
Spectrum auction: Vodafone, Tatas pay Rs 12,499 crore to DoT for purchase
Telecom operators Vodafone and Tata Teleservices Wednesday made payments of Rs 10,100 crore and Rs 2,300 crore, respectively, to the government for spectrum they bought in the recently-concluded auction.
Oct 19, 2016, 21:43 PM IST
Govt issues demand notes to 7 telcos for spectrum purchase
Government on Monday issued demand notes to seven telecom operators to make payment in 10 days for the spectrum they bought in the just-concluded auction.
Oct 10, 2016, 23:08 PM IST
Seven companies qualify to bid in upcoming telecom spectrum auction
Seven telecom service providers have qualified to bid for the upcoming biggest-ever airwaves auction starting from October 1, according to official data released here by the Department of Telecommunications.
Sep 24, 2016, 17:54 PM IST
Seven telcos submit Rs 15,000 crore earnest money for auction
In a seemingly tepid build-up to the upcoming spectrum sale, due on October 1, seven mobile operators are said to have deposited earnest money of about Rs 15,000 crore, lower than the previous year's Rs 20,435 crore.
Sep 16, 2016, 20:33 PM IST
