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Aircel moves Supreme Court to seek Rs 112 crore refund from AirtelAircel, owned by Malaysia’s Maxis, has accused Airtel of not complying with the court’s earlier orders and "unlawfully" retaining the amoun...- Airtel says released Rs 453 crore, Aircel says got only Rs 341 croreAirtel, the country’s second-largest telecom operator, had paid Rs 298 crore in cash and submitted bank guarantees worth Rs 453 crore to Do...
- Supreme Court allows Aircel staffers to file contempt pleaThe Aircel employees said that without Airtel's payment, they were unable to even meet their basic needs.
- SC seeks Airtel, DoT response on Aircel employees’ contempt pleaStaff at debt-laden telco says Airtel and DoT have not released Rs 453 cr as per SC order
- Aircel staffers move Supreme Court against DoT, AirtelThe employees alleged that the companies and their principal officers connived and wilfully disobeyed the court’s orders, according to the ...
- Aircel moves Supreme Court against Airtel, DoT over bank guaranteesThe beleaguered telco and its Dishnet Wireless unit said the delay in getting the guarantees back added to its financial struggles.
- Aircel plea seeking Rs 453 cr dues from Airtel admittedThe Supreme Court has asked Bharti Airtel to reply to a notice in two weeks while admitting bankrupt telecom firm Aircel's petition seeking...
- SC issues notice to Airtel on Aircel plea seeking Rs 453 crore duesLast week, Aircel had moved apex court seeking an order directing Bharti Airtel to pay the Rs 453 crore that it owes to the bankrupt carrie...
- Aircel moves SC seeking Rs 453-crore dues from AirtelAircel alleged that the market leader was “illegally and unjustifiably withholding and enjoying” the amount while some 3,000 employees of t...
- Aircel employees back each other in misery & uncertaintyAircel’s reigns have been given to an insolvency resolution professional (IRP) from Deloitte after it was admitted to bankruptcy in March.
- Aircel parent infuses Rs 95 crore to help pay staff, meet other expensesAircel management has been closely working with Malaysiaheadquartered Maxis, owned by businessman T Ananda Krishnan, for the emergency infu...
- Over 5,000 Aircel staff await salary duesResignations with little follow-up action on replacements are wreaking havoc on the organisational structure. “
- Facing distributors’ ire, Aircel staffers knock on PMO’s door seeking helpThe company suffered sudden network outages in late February, sending hundreds of customers to Aircel’s retail outlets seeking to port out ...
- Aircel makes desperate calls to Reliance Jio, Airtel to keep network runningIntense competition in India’s telecom market has hurt operators including Aircel, which is facing partial network shutdowns and going thro...
- Two top executives quit debt-laden AircelAircel is considering filing for bankruptcy in the NCLT, ET reported last Sunday, likely marking the demise of the last small mobile phone ...
- 5,000 Aircel staff to hit job street choked with ex-employees of shut telcosExecutive search firms, which have already received several resumes from Aircel employees, expect the number to shoot up post Aircel’s warn...
- Eyeing opportunity in data space in Tier 2,3 TN cities: AircelThe company, which has operations in 23 circles offering 2G service and 3G connectivity in 13 circles, offers 20 paise per minute scheme ac...
- Aircel likely to go for debt restructuringA strategic debt restructuring program (SDR) is the only option left for the Malaysia’s Maxis-owned telco that cannot adopt the bankruptcy ...
- Aircel goes for big job cut, 700 to get pink slips nowCellular services major Aircel is all set to give pink slips to 700 staff - around 10% of its pan-India staff strength.
- Aircel rejigs busineess into two divisionsMaxis-owned Aircel has restructured its businesses into two divisions, an executive with direct knowledge of the development told ET.
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