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Telenor's Indian adventure: A bold move that didn't click

After building a subscriber base of nearly 50 million in about eight chequered years, it finally gave up as it saw itself up against a 600-pound gorilla that breezed through double that many......

Govt takes Rs 12,489 cr hit as telcos understate revenue: CAG

The CAG report has been much awaited as operators had been resisting auditing of their books since 2009 and had moved different courts to challenge mandate of the official auditor.    ......

Uninor to offer compensation for call drops

The Norway-based firm, Telenor, entered India through a joint venture with Unitech Wireless. Telecom operator Uninor on Wednesday announced changing its brand name to Telenor, the name of its......

India Inc's foreign borrowings unchanged at $3.72 bn in Jul

Borrowings by Indian companies from overseas markets remained unchanged from a year ago at $ 3.72 billion in July, Reserve Bank data showed on Tuesday. Indian companies had raised $ 3.7 billion......

India entry may get tougher for foreign telecom firms

The government has proposed to make security clearance mandatory for foreign telecom companies, irrespective of the equity they intend to own in their Indian venture. At present, foreign telecom......

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