Telecom stocks dive up to 4% on DoT demand notice worries
Telecom stocks on Friday fell by up to 4 percent hit by concerns that DoT will soon issue demand notice of over Rs 12,500 crore to six telecom operators amid allegations of under-reporting of revenue to the tune of Rs 45,000 crore.
Jul 08, 2016, 13:41 PM ISTDoT plans to notify new penalty norms within a month
The Department of Telecom is expected to notify new penalty norms within a month that may end the practice of levying maximum penalty of Rs 50 crore for even minor mistakes.
Dec 21, 2014, 11:46 AM IST