Aircel

Aircel & RCOM steering towards liquidation, resulting in Rs 60,000 Cr NPA for Indian and Foreign Banks

Aircel & RCOM steering towards liquidation, resulting in Rs 60,000 Cr NPA for Indian and Foreign Banks

According to experts, based on the NCLAT Judgement, the Resolution Plan of UV Asset Reconstruction Company Ltd. (UVARCL) for Aircel, whic...Read More

ED attaches Rs 224-crore assets of firms linked to C Sivasankaran

ED attaches Rs 224-crore assets of firms linked to C Sivasankaran

NEW DELHI: The Enforcement Directorate (ED) Friday said it has attached assets worth Rs 224.6 crore of a firm linked to former Aircel pro...Read More

DoT blacklists StanChart bank guarantees

DoT blacklists StanChart bank guarantees

New Delhi : The telecom department has blacklisted bank guarantees issued by Standard Chartered after the bank failed to invoke one that ...Read More

Aircel-Maxis case: P Chidambaram appears before Enforcement Directorate for second time

Aircel-Maxis case: P Chidambaram appears before Enforcement Directorate for second time

New Delhi: Former Finance Minister P Chidambaram today appeared before the Enforcement Directorate for the second round of questioning in...Read More

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Aircel owes Rs 19,700 cr to banks, Wipro, Bharti

Mumbai : Bankrupt telecom company Aircel owes over Rs 19,700 crore to various banks, nearly Rs 1,400 crore to some companies owned by fel...Read More

CBI books former Aircel promoter C Sivasankaran’s companies in Rs 600 crore loan fraud

CBI books former Aircel promoter C Sivasankaran’s companies in Rs 600 crore loan fraud

New Delhi: The CBI has registered a case against former Aircel promoter C Sivasankaran’s companies, Axcel Sunshine Ltd and Finland-based ...Read More

Aircel, India’s last small mobile operator, files for bankruptcy in NCLT

Aircel, India’s last small mobile operator, files for bankruptcy in NCLT

New Delhi: Telecom operator Aircel today said it has filed for bankruptcy as the company has been facing “troubled times” in “highly fina...Read More

TRAI to issue direction to Aircel to maintain service quality; to grant codes for port outs

TRAI to issue direction to Aircel to maintain service quality; to grant codes for port outs

New Delhi: Telecom regulator TRAI will soon issue direction to troubled Aircel to keep service quality in check through intra circle roam...Read More

RCom-Aircel merger called off on legal uncertainties

RCom-Aircel merger called off on legal uncertainties

New Delhi : Telecom operators Reliance Communications and Aircel Sunday terminated their mobile business merger deal. “Merger of mobile b...Read More

Sc Slams Brakes On Aircel

Sc Slams Brakes On Aircel

The bench said, “If he (Krishnan) is going to use an asset belonging to this country, he may be anywhere in the world but must appear bef...Read More

Supreme Court proposes to cancel Aircel’s 2G license

Supreme Court proposes to cancel Aircel’s 2G license

New Delhi: The Supreme Court on Friday proposed to cancel the 2G license granted to Aircel if Maxis owner Anantha Krishnan, who bought th...Read More

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Court reserves order on booking Marans

New Delhi: A special court has reserved its order on the issue of framing charges against former Telecom Minister Dayanidhi Maran, his br...Read More

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Airtel, Voda, Idea, others denying inter-connect: Ringo

New Delhi : Calling app company Ringo has alleged that telecom players Bharti Airtel, Vodafone, Idea and Aircel are not providing it netw...Read More

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Aircel-Maxis deal Arrest warrants out for Malaysian businessmen

New Delhi: A special court hearing the Aircel-Maxis case on Saturday issued arrest warrants against Malaysian businessmen, including T An...Read More

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Auction: RCom, Aircel to bid separately, 5 others also in fray

New Delhi : Telecom operators Reliance Communications and Aircel, which announced their merger about a week ago, will bid separately in t...Read More

RCom, Aircel merge; create  entity of Rs 65,000 crore

RCom, Aircel merge; create entity of Rs 65,000 crore

“Together with our partners, MCB, we are delighted to have taken the lead in consolidation of the Indian telecom sector, first, with RCom...Read More

Game of phones

Game of phones

Interconnect charge emerges as new battleground among operators

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CBI seeks arrest warrant for 2 Malaysia accused

New Delhi : The Central Bureau of Investigation (CBI) on Monday approached a special court seeking issuance of arrest warrant against two...Read More

4G spectrum deal: DoT clears  Rs 3500 cr Airtel-Aircel

4G spectrum deal: DoT clears Rs 3500 cr Airtel-Aircel

New Delhi :  Telecom Ministry is learnt to have cleared the Rs 3,500-crore 4G spectrum trading deal between service providers Bharti Airt...Read More

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RComm, Aircel to merge wireless ops

New Delhi : The Reliance Communications and Aircel merger is likely to be announced within 15 days, after months of extended negotiations...Read More

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