Private sector banks stare at succession challenge
An increasing number of questions on mismanagement, alleged conflicts of interest, and probes on large loans have put the spotlight on private banks.
Devina Sengupta
Vodafone plans ambush marketing during IPL to upstage Reliance Jio
Vodafone is expected to rollout its advertising campaigns along with game shows and consumer engagement programmes across cities from Saturday.
Supreme Court lets Reliance Communications sell spectrum & realty to Reliance Jio to pare debt
RCom in December signed agreement with Reliance Jio to sell spectrum, mobile towers, fiber network and Media Convergence Node (MCN).
Tower industry to see significant growth in 2020: ATC Asia President
2018 will be a difficult year for the industry since there is shrinkage of tenancies. But, 2019 onwards there will be revival and in 2020 we will see significant growth.
Red tape may delay move to reduce call drops in defence regions by a year
TAIPA though was more optimistic, saying while earlier procuring clearances and tight security in cantonments areas used to further delay the timely completion of towers, this time will be different.
Aircel parent infuses Rs 95 crore to help pay staff, meet other expenses
Aircel management has been closely working with Malaysiaheadquartered Maxis, owned by businessman T Ananda Krishnan, for the emergency infusion, the person told ET.
Vodafone, Idea may take legal action against Aircel to recover dues
Aircel owes about Rs 60 crore to Idea Cellular including interconnect usage charges (IUC), and a similar estimated amount to Vodafone India, said one of the persons, who did not wish to be identified.
Telcom operators resist tower firms’ bid to increase rentals
Market leader Indus Towers, Bharti Infratel and American Tower Company are the 3 main tower cos that own nearly 85% of total telecom towers in the country.
Vodafone Group and Aditya Birla Group announce leadership team
Balesh Sharma was named the CEO of merged entity of Idea Cellular and Vodafone India. Shama till now was the chief operating officer COO of Vodafone India.
SBI-led lenders move SC for sale of RCom's assets
The company and its two units is sitting on Rs 45,000 crore of debt and desperately want to close the Jio deal valued at around Rs 25,000 crore and pay a part of the loan.
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