Minister of Law and Justice Ravi Shankar Prasad (photo by ANI) NEW DELHI: Cabinet accepted the telecommunications department’s proposal on upcoming spectrum auctions at its meeting on Wednesday, which would include a 4G wave-only sale and take place in March. Telecommunications and IT Minister Ravi Shankar Prasad said the government …
Read More »Reliance Industries unit may be required to pay up to Rs 4,975 crore for Reliance Infratel, Telecom News, ET Telecom
Mumbai – Reliance Industries’ subsidiary Reliance Digital Platform & Project Services may have to spend up to Rs 4,975 crore to take over tower company Reliance Infratel, according to the bankruptcy court order that approved Infratel’s resolution plan on Thursday. Under the order, the settlement applicant, in this case Reliance …
Read More »‘Telecommunications companies must pay 10% of the total AGR fees before March 31, regardless of the payment made’, Telecom News, ET Telecom
By Prasoon Srivastava New Delhi: Telecom operators, including Bharti Airtel and Vodafone Idea, which have outstanding adjusted gross revenue installments, will be required to pay 10 percent of total liabilities by March 31, regardless of any partial payments they have made, according to sources. governmental. Operating telecom operators are expected …
Read More »SC rejects the SBI’s plea to cancel the stay by invoking the personal guarantees of Anil Ambani
On Thursday, the Supreme Court dismissed the request of the State Bank of India (SBI) to request the stay of a stay granted by the Delhi High Court in bankruptcy proceedings against Reliance Communications (RCom) chairman Anil Ambani. Ambani had previously objected to SBI invoking personal guarantees under the 2019 …
Read More »Jio faces rivals and launches new broadband plans starting at 399 rupees
Reliance Jio announced on Monday new plans for JioFiber broadband starting at a monthly price of Rs 399 with no data usage limit. Under the new plans, the Netflix entertainment app is added to the bundle of bundled apps for customers who subscribe to mid-range plans. It is by far …
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