The company said that intense competition following the disruptive entry of a new player, legal and regulatory challenges, high level of unsustainable debt and increased losses had together caused significant "negative business and reputational impact".
When it comes to the number of phone bill disputes, Vodafone, Idea Cellular, BSNL and Aircel were high on the list in several service areas during the quarter ended June.
Introduces two new plans for prepaid mobile users.
RCom and Aircel have permits for 3G services in 13 out of 22 service areas while Tata Teleservices has permit in 9 circles.
The CBI has completed its probe against former telecom minister Dayanidhi Maran and others in 2G scam and will approach the Centre for taking sanction for prosecution, the agency told the Supreme Court.
The federal agency has filed its case under the criminal sections of the Prevention of Money Laundering Act (PMLA) taking cognisance of a recent first information report (FIR) registered by the Central Bureau of Investigation (CBI) in the same case, they said.
He was permanently absorbed into the ED cadre in 2014 and has headed some high-profile investigations into the 2G spectrum allocation case, the 2010 Commonwealth Games, the money laundering cases against former Union finance minister P Chidambaram and his son Karti Chidambaram, Andhra Pradesh chief minister Y S Jagan Mohan Reddy and former Jharkhand chief minister Madhu Koda, the Aircel Maxis and VVIP choppers case.
Anirban Lahiri posted a steady 69 in the final round of the Aircel-PGTI's Haryana Open 2009 to clinch his maiden professional title in Panchkula on Sunday.
CBI had started preliminary inquiry into the deal on January 4, 2011 and nine months later on October 9 had registered the FIR.
'Whatever ED officers do -- issue summons, conduct searches or arrest a person -- they have to face the courts.'
'I had done 23 years of very satisfying service -- 10 years in the police and 13 years in the Enforcement Directorate.' 'I had done law enforcement and thought the next step should be towards contributing to make good laws.'
Reliance Communications Ltd (RCom) on Friday announced the sale of 51 per cent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment of Rs 11,000 crore.
Service providers, handset vendors add millions of consumers every month, but don't tackle consumer complaints at the same pace.
Mukesh Ambani's Reliance Jio, however, continued to add wireless subscribers
The Madras High Court posted for Saturday a batch of petitions filed by mobile cell phone providers, seeking to vacate the February 7 Court order.
The trial court had earlier said that the allegations against Chidambaram were found serious, therefore, he was remanded to police custody.
The Supreme Court on Tuesday dismissed the contempt plea of Bharatiya Janata Party leader Subramanian Swamy against Chennai-based Advantage Strategic Consulting Private Ltd and another firm for filing a defamation suit in Singapore against him.
Finance Minister Arun Jaitley revealed that the government wanted to give Hasmukh Adhia a post-retirement role, but Dr Adhia said he would not work for a single day after November 30.
Himmat Singh Rai lived up to his reputation of being one of the brightest young prospects of Indian golf when he posted his first professional win at the PGTI Players Championship in Kolkata on Friday.
Rediff reader Shriram Prasad shares one of his best tiger spotting experience in Tadoba, Chandrapur.
In April 2013, CBI had first told the Court there were "some difficulties" in the probe after it went abroad.
A look at the top tweets from your favourite Bollywood celebrities.
While posting the matter for hearing on Thursday, the bench said: "We are conscious that we should not usurp the jurisdiction of the concerned trial court".
The government has suffered a loss of Rs 12,488.93 crore (Rs 124.88 billion) due to under-invoicing of gross revenue by six telecom companies including Reliance Communications, Vodafone and Bharti Airtel, the CAG said in a damning report on Friday.
Rohatgi was made attorney general in June. In the past 2 months, his rulings have raised eyebrows for being in line with the political alignment of the government. Kavita Chowdhury reports
The Ministry had disallowed the group from taking part in auction.
Karunanidhi was convinced that using the 2G cases against the DMK and reopening the fodder case against Lalu Prasad Yadav were products of the Congress leadership's short-sightedness. A revealing excerpt from A S Panneerselvan's Karunanidhi: A Life.
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
The contract has not only cemented the position of its chief executive officer (CEO) Abidali Neemuchwala, it has also proven the ability of the current management to successfully chase and close larger deals that are becoming scarcer in the market.
After coming out of CBI headquarters in New Delhi, Chidambaram said he had appeared before the CBI and the first information report did not contain any allegations against him.
This is probably for the first time that curfew is in place on the day of Eid festival ever since militancy broke out in the state in 1990.
Indian wild card entrant Jeevan Nedunchezhian crashed out of the Chennai Open after a bright start soon after Ramkumar Ramanathan stormed into the singles main draw with a superb win over higher-ranked Slovakian Norbert Gombos in Chennai.
Modi hit out at the UPA government for allegedly 'blocking' surgical strikes post 26/11 Mumbai attacks in 2008.
Taking a jibe at Yashwant Sinha, the finance minister said that he doesn't have luxury of being former finance minister.
Former champion Stanislas Wawrinka lived up to his top billing by cruising into the summit clash of the ATP Chennai Open here, where he will take on seventh seed Edouard Roger Vasselin of France.
The apex court, which stayed the Madras high court order putting on hold the look out circular issued by the Centre against Karti, repeatedly sought to know when he would make his appearance for questioning before the Central Bureau of Investigation.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Yuki Bhambri became only the third Indian to reach the singles quarter-finals of an ATP World Tour event at home after winning his second round against an unfit world number 16 Fabio Fognini even as Ramkumar Ramanathan's fairytale run came to an end in Chennai on Thursday.
A glance back at some of the important ups and down Indian Inc faced in 2018.
As the Opposition leader in the state assembly, M K Stalin has to fend off the ruling AIADMK on the one hand and prevent the re-emergence of a non-Dravidian Opposition on the other -- but his immediate challenge comes from within, in the form of his wheelchair-bound octogenarian party leader and father M Karunanidhi, says N Sathiya Moorthy.
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