SC slams DoT for demanding ₹4-lakh cr from PSUs

SC slams DoT for demanding ₹4-lakh cr from PSUs

Telcos told to file affidavits on how to pay the dues The Supreme Court on Thursday again came down heavily on the Department of Telecommunications (DoT) for demanding adjusted gross revenue (AGR) of ₹4 lakh- crore from PSUs, terming it “totally impermissible” and told DoT to consider withdrawing it. PSUs — Power Grid Corporation of […]

Anil Ambani resigns as Reliance Communications director

Anil Ambani resigns as Reliance Communications director

Anil Ambani has resigned as the director of Reliance Communications. The move comes even as lenders to the telecom company are looking to sell RCom assets. The company is now being managed by a resolution professional.  Ambani’s resignation marks the end of his telecom ambitions. Anil had got the telecom venture as part of an […]

Nearly 70,000 BSNL employees opted for VRS so far: Chairman

Nearly 70,000 BSNL employees opted for VRS so far: Chairman

The scheme that was rolled out last week will remain open till December 3 As many as 70,000 employees of BSNL have already opted for the VRS scheme which was launched last week, Chairman and MD of the state-owned telecom corporation, P K Purwar, said on Monday. In all, nearly one lakh BSNL employees are […]

No relief on AGR, Airtel, Vodafone Idea asked to pay dues after self-assessment

No relief on AGR, Airtel, Vodafone Idea asked to pay dues after self-assessment

DoT sends out a notice seeking compliance with Supreme Court order A day after Vodafone Plc’s Chief Executive Officer cast doubt over the future of its India operations due to massive financial stress, the Department of Telecom has issued notices to all operators asking them to pay up their licence fee dues as per the […]

Vodafone Idea shares tumble over 21 per cent, hit record low

Vodafone Idea shares tumble over 21 per cent, hit record low

Shares of Vodafone Idea and Bharti Airtel tumbled on Thursday, amid reports that the DoT has issued notice to telecom operators to pay their revenue share dues within three months as directed by the Supreme Court. Vodafone Idea plunged 21.62 per cent to Rs 2.90, its record low, on the BSE. Bharti Airtel also fell […]

Merge MTNL with BSNL

Merge MTNL with BSNL

In 2002, then Communications Minister Pramod Mahajan came up with the idea to merge Mahanagar Telephone Nigam Ltd with Bharat Sanchar Nigam Ltd. The rationale was simple: MTNL, which operates in Delhi and Mumbai, would not survive unless it got access to a larger market. Since there was no reason to have two pan-India telecom […]

PSLV-C45 mission: Countdown begins for launch of EMISAT satellite with many a firsts for ISRO

PSLV-C45 mission: Countdown begins for launch of EMISAT satellite with many a firsts for ISRO

A 27-hour countdown began on Sunday for the launch of India’s EMISAT satellite along with 28 nano satellites of global customers from Sriharikota Monday, a mission which would witness the ISRO placing payloads in three orbits and conducting space experiments for the first time. The EMISAT satellite is aimed at electromagnetic measurement. The countdown began […]

Technical Glitch: This person received a whopping Rs 1.86 lakh bill for using Airtel

Technical Glitch: This person received a whopping Rs 1.86 lakh bill for using Airtel

New Delhi: Nitin Sethi, a New Delhi resident has said that he has received a whopping Rs 1.86 bill from Airtel, as per a website report. Sethi has shared the bill breakup with India Today Tech wherein it shows that the bill has been generated for the period between June 8 and July 7, 2017. […]

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