RCom may get around Rs 4,500 crore by trading its radiowaves to Reliance Jio.
DoT had raised the demand on December 22 and asked RCom to pay within a month.
Telecom companies that bought spectrum in the 2G auction of November last year would lose around Rs 4,000 crore
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
DoT decides not to scrap dual-technology telecom licences
The government will get an additional revenue of 20 per cent from the auction of the 1,800 MHz and 900 MHz bands of spectrum, based on the Telecom Commission's recommendations, compared with those of the Telecom Regulatory Authority of India (Trai).
The Hinduja Group, Mukesh Ambani, Murugappa, and the Adani groups were the other gainers in the Modi regime, while Naveen Jindal and Sun Pharma groups saw the most erosion in their m-cap in the last five years, reports Krishna Kant.
India Inc is ready to diversify into unchartered areas.
Markets will be closed on Thursday and Friday on account of Holi and Good Friday, respectively.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
RCom is expected to have a 50% stake, Aircel 40% and MTS 10%
With a string of deals with telecom service providers, DTH operators and Bollywood stars, Netflix goes all out to protect its turf in India and fend off competition, says Viveat Pinto.
MS Dhoni all set for new innings.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Recent investigations into the telecom spectrum and coal scams have made bureaucrats very wary of taking decisions.
While some companies used that to become world leaders, others squandered it by over-borrowing.
With over 40 million active subscribers (as of March 2013), DTH has grown tenfold from just 4 million customers six years ago.
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