The telco has till now been advertising the two brands separately
Since the Supreme Court has now decided on a 10-year repayment tenure, it would clearly be a big challenge for Vodafone Idea, which is already steeped in debt
Representing RComm, SBI said that the amount payable under a resolution plan shall be paid on priority to operational creditors over financial creditors
The source privy to the development said that a new tender will be floated which will have emphasis on preference to Make in India
They oppose the proposal on the grounds that source codes are 'commercially valuable, confidential, and sensitive information'
The development comes at a time when Indian and Chinese armies are engaged in a standoff in Pangong Tso, Galwan Valley, Demchok and Daulat Beg Oldie in eastern Ladakh
Source coding testing, they have told vendors, will be undertaken by third party labs accredited by the DoT
This would be the first cyclonic storm to impact India's financial capital, which has logged over 41,000 coronavirus cases so far, since 1882
From FMCG market likely to witness slump, DoT asking telcos to list out spectrum demands to analysts predicting GDP fall to 3-decade low, Business Standard brings you top headlines of the day
According to COAI estimates, each telco would require about an additional 5MHz to ensure that the networks continue to function smoothly
With people staying at home, data usage has grown considerably and telecom networks are feeling the pressure
Govt should find a way to save the telecom sector
In all, AGR dues calculated by the government for 16 entities add up to Rs 1.69 trillion , while telcos' self-assessment place their dues at a mere Rs 37,176 crore
From RBI considering relaxing bad loan rules to DoT's appeal for AGR relief to telcos, Business Standard brings to you the top headlines of the day
A Bench of Justices Arun Mishra and M R Shah, hearing the DoT plea in the AGR matter, said if SC allowed a plea like this, it would also become party to a fraud
The IBA's request highlights the roadblocks in resolving stress assets in this sector under the IBC
The DoT has sought to levy a one-time spectrum charge over 6.2 MHz held by the telco
Telcos said that DoT units asked for call data records for specific routes in Delhi with residences of Ministers, Members of Parliament, Judges and important offices
Cabinet has cleared a draft resolution scheme for cash-starved YES Bank. Last week, the Reserve Bank of India (RBI) had announced a draft scheme of reconstruction for the lender. Follow LIVE UPDATES
The National Company Law Appellate Tribunal (NCLAT) has dismissed the telecom department's plea citing delay in appeal against the NCLT order which held that the spectrum and licence of debt-ridden Aircel cannot be taken away during the insolvency resolution period. The Department of Telecommunications (DoT) had appealed against an order of the Mumbai bench of the National Company Law Tribunal (NCLT). In its plea, the DoT raised the issue as whether licence/spectrum to run a telecom company could be subject to moratorium during the insolvency proceedings or not. However, a three-member bench of the NCLAT held that the petition filed by the DoT was time barred under the provisions of Section 61 of the Insolvency & Bankruptcy Code, 2016. Under the IBC, any appeal against order passed by the NCLT could be filed before the appellate tribunal within 30 days and the delay which can be condoned for reasonable cause in the NCLAT is only 15 days. "This appeal was presented on February 20,