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.
Lawyers representing govt point out that telcos, because of the large money they can save if they get a favourable judgement, prefer to fight till all legal options are exhausted
Following the October 24 Supreme Court order, the department of telecom estimated that the total liability of 15 telecom companies, including penalties and interest, would be Rs 1.47 lakh crore.
Mukesh Ambani's Reliance Jio, however, continued to add wireless subscribers
Firm makes Rs 4,858-crore loss on Rs 10,799-crore income.
Telecom operator Vodafone has been the top gainer of customers through mobile number portability facility while Reliance Communications is the biggest loser.
The attack came close on the heels of an ongoing anti-militant operation in the nearby forests of Manigah in the same district.
Idea Cellular will have to furnish an undertaking that it will entertain all the liabilities whenever a final decision is taken by the courts
The company will transfer its wallet business, which has over 218 million mobile wallet users, to the newly incorporated entity -- PPBL -- under the payments bank licence awarded to Vijay Shekhar Sharma, the founder of One97 Communications that owns Paytm.
India's telecom sector has been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies. India could go back to a private sector duopoly with just Reliance Jio and Bharti Airtel surviving the mayhem. The third player, Vodafone Idea, could be history.
USAID looks forward to working with each to make financial inclusion a long-lasting and sustainable reality in India.
Airtel already offers services in Sri Lanka, Bangladesh and 17 African countries apart from India.
The launch of Reliance Jio Infocomm Ltd last September, particularly the tariff war it has unleashed on its competitors, has deepened the crisis facing India's telecom sector. One offshoot of this is the major drop in earnings reported by industry leaders Bharti Airtel and Idea Cellular with each passing quarter. Aslam Hunani/Rediff.com tells the story in numbers.
Accumulated sum Rs 31,500 crore in 2015-16
Ahead of the visit of Pakistani Special Investigating Team, likely to take place in the last week of this month, the NIA sent the Letters Rogatory, a legal document sent through the special court asking details about the phone numbers dialled by the four terrorists.
The move came as the country badly needs capital inflows as the rupee comes under pressure
Last August, RBI gave in-principle approval to 11 applicants.
Airtel, Vodafone, BSNL increase subscriber share while Idea manages to retain
The DoT estimates that it will receive Rs 29,524 cr in revenue from the telecom industry in FY18, which is 38% less than the Budget revenue target of Rs 47,300 cr for FY18
The company has reportedly been in the process of shutting its CDMA business and shifting its subscribers to 2G, 3G and 4G networks.
Funds will be raised via non-cumulative preference shares issued to Tata Sons on rights basis
Mukesh Ambani's Jio, high debt and some bad decisions drove RCom to its grave.
Analysts expect structural risks such as risk to voice revenues, steep correction in data realisations, capex spend and rise in churn and subsequent increase in costs to continue in the medium term
The move comes barely a few days before the Special Investigation Team of Pakistan visits here to ascertain the facts of the case and investigation carried out by the NIA.
Facebook will now directly compete with Slack, HipChat, Yammer and a few others in this space.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
The telephone subscriber base was 996.49 million at the end of March.
Evolving a common work ethic and culture will be critical so that the merged entity does not lose focus on the common enemy outside -- and instead becomes more obsessed with internal turf wars.
After their merger Vodafone Group CEO, Vittorio Colao says India is not a Jio market alone. Aditya Birla Group CEO, Kumar Mangalam Birla says Vodafone is dominant in metro cities, while Idea is a big player in urban, semi-urban markets.
With global markets pushing ahead, enthused by strengthening US jobs market, and also due to prospects of European rate hike, Indian markets also continued the march ahead.
It may be the season for corporate matchmaking but India Inc's record of managing partnerships is far from impressive, says Shailesh Dobhal.
Inflation is down, growth is headed for recovery. RIL and subsidiary Jio are on an upswing. However, stressed loans and impending job losses are the dark clouds, says Devangshu Datta.
Some investment bankers expect the Indian currency to touch 60-65 by the end of the year
Jio's disruptive strategy, including free voice services and data at throwaway rates, apart from offering all services free for six months, triggered a consolidation in the telecom sector.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
The company needs Rs 2,000 crore more in 2 years to repay debt.
Likely to seek FIPB approval to raise holding; deal could bring FDI of about $696 mn.
On September 4, Trai issued a consultation paper on call drops.
National Investigation Agency officials said that Salvinder Singh, his jeweller friend Rajesh Verma and cook Madan Gopal have been summoned for a routine questioning as the agency is preparing to receive a five-member Special Investigation Team from Pakistan on March 27.
This is the first time airwaves in 700 Mhz band will be put up for auction
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