India quit RCEP in national interest: Goyal

India quit RCEP in national interest: Goyal

Commerce Minister tells BJP parliamentary party that the move was aimed at protecting domestic industry India did not succumb to international pressure for joining the Regional Comprehensive Economic Partnership (RCEP) to save the interests of domestic industry, Commerce and Industry Minister Piyush Goyal told BJP MPs on Tuesday. In the first meeting of the BJP’s […]

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 […]

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 […]

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