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.
Failure to counter Jio led to telecom companies’ troubles: OfficialsThe carriers should have anticipated the change in paradigm given that the telecom sector has always been brutally competitive, the person ...
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...
We support RCom-Aircel merger, but timely payments are a concern: Manoj Tirodkar,Chairman, GTL groupAircel itself has had turbulent times along with the Indian telecom space and I admire Kaizad Heerjee (Aircel CEO) for their effective turn...
P Chidambaram should step down from parliamentary panel, says Subramanian SwamySwamy raised the issue through a point of order after Deputy Chairman P J Kurien called Chidambaram to lay on the table, a copy of the pane...
Pink slips for 600 as Reliance Communications trims fatIncidentally, the sackings came after RCom reported its first ever consolidated net loss of Rs 531 crore in the December quarter.
Telecom players go for staff reskilling to find them different jobsThe entry of Reliance Jio has triggered a wave of consolidation in the industry with Vodafone India and Idea Cellular announcing a merger.
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.
Hello & goodbye: Multi-billion dollar telecom mergers could see 25,000 pink slips and countingAny layoffs may take about 12-18 months. The merged entity will have to first ensure that distributors maintain the network and operators c...
Reliance Communications expecting to shortly sign a merger deal with AircelRCom will demerge its wireless business and merge it with the existing unlisted Aircel, with promoters of both sides owning 50% each in the...
Reliance Communications, Aircel combined entity to have Rs 25K crore business"The deal is almost in final stage. The merger should be announced within 10-15 days. The resultant entity will have revenue of Rs 25K cr f...
Aircel to cut 600 jobs amid surging costs, severe margin pressureAircel will cut 12% of its workforce following its decision to reduce operations in five unprofitable regions amid surging costs and severe...
Ex-Aircel CTO Mallikarjun Rao to play strategic role in Vodafone's participation in Dutch 4G airwaves auctionIn an exclusive interaction, Rao who is now based in the historic Dutch city of Maastricht, talks about his new job, his major challenges.
- McCann Erickson, Dentsu lead advertising hiring spree
McCann Erickson has recruited at least 50 people over the past two months, 30 of them at the senior level for new clients.
- 8 Indian-origin persons among 40 young global telecom leaders
As many as eight Indian-origin persons, including those working with Tatas and Bharti, have been named among 40 young leaders of global tel...
- BJP targets Maran, Congress mum
BJP has raised four specific questions: Has Maxis Communications invested in Sun TV or any other company belonging to his family?
- Hutch call now forwarded to Aircel
The government is now planning to investigate all foreign equity transactions in the telecom sector.