BSNL vendors seek DoT intervention over Rs 1,600 crore dues linked to Bharat Net 2
The companies that have approached the DoT flagging their concerns on pending dues include Sterlite, Tejas, Paramount Wires And Cables Ltd (PWCL), Aksh Optifibre, Finolex among others, and the dues run into Rs 1,600 crore, said Sandeep Aggarwal, Managing Director of Paramount Communications.
Mobile call, data to cost more as Vodafone-Idea, Airtel to hike rates from December
Airtel & Voda Idea decided to hike tariffs from Dec 1 aft...
Nusrat Jahan in ICU due to respiratory problem, misses Winter Session of Parliament
The actor-turned-MP has a history of asthma.
Which stocks fell the most due to corporate scandals in past one year?
Shares of many companies took a beating in the past year due to numerous scandals that rocked corporate India. We take a look at the bad news and how it impacted share prices of these companies. We also tell you how to protect yourself from such risks.
13 million farmers in UP would miss out on PM Kisan Nidhi due to ID issues, govt sounds alarm
UP has the largest number of beneficiaries among all states under the scheme. Out of the 79.7 million beneficiaries across the country, almost 18 million are in UP alone.
Airtel’s global bond yields spike on concerns over telecom stress
The perpetual bonds are a quasiequity obligation without a fixed maturity and had a five and a half year non-call period, which means the debt cannot be repaid before this period.
Vodafone Idea believes govt won't be in conflict with SC on telco relief: Brokerages
Vodafone Idea faces a liability of Rs 44,150 crore after the Supreme Court order.
President's rule in Maharashtra due to stubbornness of Sena: BJP
The BJP on Tuesday blamed "stubbornness" of its estranged ally and political rival Shiv Sena, without taking its name, for imposition of Pre...
Don't want any company to shut operations: Nirmala Sitharaman says will address concerns of Telecom Sector
NEW DELHI: The government doesn’t want any phone companies shutting down and is looking at support that can be given to the debt-laden telec...
Diesel demand falls 7.4% in October partly due to economic slowdown
Accounting for a share of 40% of the country's total oil requirement, demand for diesel has reported to plunge 7.4% in October from a year ago which is the biggest monthly fall in three years. Economic slump, extended monsoon, auto sector slowdown, preference for petrol vehicles are some factors behind the downfall in demand for diesel.
No proposal at present to waive penalty, interest on telco's licence fee dues: Telecom minister Prasad
"No such proposal is under consideration of the government as on date," Communications Minister Ravi Shankar Prasad said in a written reply to the Lok Sabha. He was responding to specific questions on whether the government proposes to provide a waiver for penalties and interest on the non-payment of license fee on AGRs by telecom operators.
Didn't transfer power employees' PF to DHFL: Akhilesh
Samajwadi Party chief Akhilesh Yadav denied the allegations that put him under scanner for transferring UP power employees' provident fund to scam-hit housing finance company DHFL. Over Rs 2,600 crore of the state power employees' provident fund was reportedly invested in the scam-hit DHFL, prompting the state government to order a CBI probe
Coffee Day jumps 5% as PE firms look to pick stake in firm
The PE firms are expected to begin due diligence shortly.
Many lose jobs, migrate due to internet shutdown in Kashmir
The Internet shutdown since August 5--when special status of the J&K was revoked and the state was downgraded into two Union Territories--put these youngsters in extreme financial and psychological distress as they would otherwise earn good money working remotely from home for different companies across the globe.
ET View: Promptly review levies, charges and the high extent of revenue share in Indian telecom
The levies, charges and mounting dues would essentially financially cripple and may even bankrupt the leading service providers, and have wholly-avoidable negative effects and signals much beyond the telecom sector itself. The Cabinet needs to purposefully rationalise central levies and charges on telecom operators for the greater national good.
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