Staff at debt-laden telco says Airtel and DoT have not released Rs 453 cr as per SC order

The employees alleged that the companies and their principal officers connived and wilfully disobeyed the court’s orders, according to the ...

The beleaguered telco and its Dishnet Wireless unit said the delay in getting the guarantees back added to its financial struggles.

The Supreme Court has asked Bharti Airtel to reply to a notice in two weeks while admitting bankrupt telecom firm Aircel's petition seeking...

Last 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 alleged that the market leader was “illegally and unjustifiably withholding and enjoying” the amount while some 3,000 employees of t...

Aircel’s reigns have been given to an insolvency resolution professional (IRP) from Deloitte after it was admitted to bankruptcy in March.

Aircel management has been closely working with Malaysiaheadquartered Maxis, owned by businessman T Ananda Krishnan, for the emergency infu...

Resignations with little follow-up action on replacements are wreaking havoc on the organisational structure. “

The company suffered sudden network outages in late February, sending hundreds of customers to Aircel’s retail outlets seeking to port out ...

Intense competition in India’s telecom market has hurt operators including Aircel, which is facing partial network shutdowns and going thro...

Aircel is considering filing for bankruptcy in the NCLT, ET reported last Sunday, likely marking the demise of the last small mobile phone ...

Executive search firms, which have already received several resumes from Aircel employees, expect the number to shoot up post Aircel’s warn...

The company, which has operations in 23 circles offering 2G service and 3G connectivity in 13 circles, offers 20 paise per minute scheme ac...

A strategic debt restructuring program (SDR) is the only option left for the Malaysia’s Maxis-owned telco that cannot adopt the bankruptcy ...

Cellular services major Aircel is all set to give pink slips to 700 staff - around 10% of its pan-India staff strength.

Maxis-owned Aircel has restructured its businesses into two divisions, an executive with direct knowledge of the development told ET.