While UK's Vodafone Group fights its tax liability in courts, British firm Cairn Energy Plc on Wednesday said it will pay all taxes due, both in India and the United Kingdom, on the $8.48 billion sale of a majority stake in its Indian arm to Vedanta Resources.
Customers of Vodafone, Idea Cellular, Tata Teleservices and BSNL in some circles have reported maximum discrepancies in their phone bills, according to a latest report by telecom regulator TRAI.
It is important to clarify that availing of an exemption is neither evasion nor tax planning.
Says Airtel-Vodafone-Idea pacts violate licence terms; firms may move TDSAT.
A Bench headed by Justice Altamas Kabir sought an reply from 11 repondents Telecom Regulatory Authority of India, Association of Unified Telecom Service Providers of India, Reliance Communications, Tata Teleservices, Vodafone Essar Mobile Services, Cellular Operators Association of India, Bharti Airtel, Idea Cellular, BPL Mobile Communications, HFCL Infotel, and Spice Communications -- as to why they should not pay ADC to BSNL.
Reliance Jio saw fall in speeds from 7.2 mbps in September to 6 mbps in October, according to CLSA report.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Indian GSM telecom operators added 11.25 million new subscribers in the month of May, taking the all-India cellular subscriber base to 444 million, according to cellular operators' association COAI.
What Shekhar Gupta would have really liked to know from Pranabda: Why did Sonia prefer Dr Singh to him as PM? Why did he deny finance first, why did he accept it 5 years later, and why did he make such a mess of it? How did he force Sonia to nominate him for President and not Hamid Ansari? And how does he justify that most toxic legacy -- the Vodafone tax amendment?
Firms to pay Rs 24,700 cr if spectrum formula is accepted.
Mobile tariffs are currently under forbearance, which means these are determined by market forces.
Major carmakers in the country are loading barrels for the coming battle in the field, reports Arnab Dutta.
According to sources, Bharti, Idea and Vodafone Essar have won in some of the circles in the auction that lasted 34 days.
The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table.
The Department of Telecom may bar operators holding 3G airwaves from sharing the high-speed spectrum.
The telecom regulator had suggested imposition of a price on operators for holding spectrum beyond the contracted limit of 6.2MHz.
Vodafone, Airtel, Idea provide services without spectrum.
Recently, companies like Bharti airtel, Idea Cellular, Vodafone and Reliance Communications raised tariffs for their services by about 20 per cent in most operating circles.
It wants subscribers who are 'active' on its network.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
The Railways' first-ever TVC was ideated, executed and delivered in just over two weeks and at less than Rs 2 crore.
GSM operators in the country have added 14.49 million new users in the month of March, taking the total GSM subscriber base to 569.55 million, an industry body said.
Bharti Airtel's total revenue for the December 2018 quarter stood at Rs 20,519 crore, just one per cent higher than the Rs 20,319 crore in the corresponding period of the previous year.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Here are 9 hot gadgets worth drooling over: Apple iPhone 4G, Nokia X2, Asus U43Jc Bamboo Collection notebook, Lenovo Y-series notebooks, Apple 27-inch LED Display, Fujifilm Finepix S1800, Toshiba Portege T210, Samsung Floor Standing ACs and Moser Baer MP565-2G MP3 player. Enjoy!
If companies get into trouble, the loan becomes a non-performing asset and "we very much want these assets to be back on track," Raghuram Rajan said.
The Jio-Bharti battle will not just be limited to mobile telephony but will extend to the fibre to home space too.
With telecom and banking majors stepping up mobile banking services, 2011 is poised to be the year that would transform your banking habits - making payments or checking your account balance on your mobile.
The telecom regulator in the second ultimatum to GSM operators, including Bharti, Vodafone and BSNL, has given August 21 as the deadline to give interconnections to the RCom GSM network. Trai has cited it as a licencing condition to provide interconnection among the service provider implying if a mobile operator does not give interconnection to another based on mutual commercial agreement, it is a violation of license condition attracting penalty.
Service providers, handset vendors add millions of consumers every month, but don't tackle consumer complaints at the same pace.
But how often has a brand mascot been able to single-handedly define the entire brand value proposition? And also help create a separate identity for the brand?
As the curtains fall on another year, Rediff.com brings you all the action from the sports field that defined 2019.
India Inc loves to applaud every time any businessman or executive of Indian origin makes it to the top in the developed world.
'The BJP has shown signs lately of returning to its trader mindset.' 'Several strong emotions get meshed in this: Nationalism, protectionism, mercantilism, and arrogance,' points out Shekhar Gupta.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
Mahindra & Mahindra gets the biggest impact of the Supreme Court's ban on sale of vehicles in Delhi with diesel engines bigger than 2,000cc.
Famous and long believed to be trusted Indian brands have wilted against foreign brands, says Mohan Guruswamy.
While Indians are increasingly using mobile platforms and technology for various financial transactions and purchases like bill payments, ticket bookings, entertainment, travel and banking transactions, cross border mobile remittance is yet to see the light of the day.
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