Lok Sabha approves Telecom Bill; allows govt control of communication

A bill allowing the government to temporarily take control of telecom services in the interest of national security, and providing a non-auction route for the allocation of satellite spectrum was......

Citing National Security, India Bans Chinese Cos

The government believes firms which are subject to China's laws could be forced to hand over information to Beijing's security services. IMAGE: Kindly note the image has been posted only for......

Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has announced closure of its anchor book allocation, raising about Rs 5,400 crore from marquee global as well as domestic......

Vi expects 5G rollout in 6-9 months after FPO

Ahead of its Rs 18,000 crore further public offer (FPO), Vodafone Idea on Monday said it expects to roll out 5G services in select pockets within 6-9 months of raising fresh capital. Photograph:......

It's back to the drawing board for payment banks

RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed. Illustration: Uttam Ghosh/Rediff.com The......

Voda Idea plans to raise about Rs 45,000 cr via equity, debt

Vodafone Idea board on Tuesday approved a fund-raise of up to Rs 20,000 crore through a combination of equity and equity-linked instruments, the crisis-ridden telco said, adding promoters will also......