In relief for Aircel, Supreme Court asks DoT and Airtel to pay upAirtel paid the cash and submitted the bank guarantees to DoT on behalf of cash-stricken Aircel after adjusting the amounts against the spe...
29 Nov, 2018, 08.36 AM IST
Aircel and two other companies come under SFIO lensSFIO is probing alleged financial irregularities at debt-laden Aircel as well as two group entities Aircel Cellular and Dishnet Wireless.
14 Jun, 2018, 03.28 PM IST
GTL Infrastructure seeks to intervene in Aircel bankruptcy proceedingsAircel was GTL Infra’s biggest client. In its application, GTL Infra asked for travel restrictions on Aircel’s current directors to be exte...
27 Mar, 2018, 08.52 AM IST
TDSAT grants temporary relief to Aircel, bars DoT from encashing telco's bank guaranteesAircel and its units Dishnet Wireless and Aircel Cellular have filed for bankruptcy after over four months of attempts to settle with lende...
20 Mar, 2018, 06.33 AM IST
Airtel, Vodafone in claim game over Aircel subscribersMarket leader Bharti Airtel said it has got the largest share - around 50% nationally - of port-ins from Aircel customers in the last coupl...
15 Mar, 2018, 11.04 AM IST
NCLT accepts Aircel's bankruptcy petitionVijay Iyer of consultancy firm Deloitte Haskins & Sells has been nominated as insolvency resolution professional (IRP) from Aircel's side t...
08 Mar, 2018, 06.14 PM IST
ATC moves to Delhi High Court to recover Rs 224 crore dues from AircelThe Delhi High Court will hear the matter to decide if GTL Infra’s plea that Aircel should deposit money in court is valid.
08 Feb, 2018, 10.10 AM IST
Aircel lenders led by SBI agree to restructure debtThe banks will now take shares in Aircel to replace their loans and may recover their dues in an eventual sale of assets or of the company.
30 Jan, 2018, 09.04 AM IST
After RCom, Aircel becomes second major telco in India to default on debtAs a result, rating agency CARE-which put Aircel's long term bank facilities to Rs 17479 crore, downgraded the telco to a default (D) grade...
17 Nov, 2017, 12.00 AM IST
Aircel likely to file for bankruptcy; RCom shares take a diveFollowing the report, shares of several lenders to Aircel also came under pressure.
15 Sep, 2017, 03.53 PM IST
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.
16 Feb, 2017, 10.05 AM IST
Aircel urges Supreme Court not to cancel spectrum licencesAircel said the company isn’t accused in the case against Maran and if the government takes coercive action before the next hearing on Feb ...
25 Jan, 2017, 12.25 AM IST
Aircel-Maxis case:PIL seeks to make Maxis subsidiaries accusedThe plea moved through advocate Amit Khemka has also sought setting aside of the approvals granted to Bharti Airtel for acquisition of 4G s...
22 Aug, 2016, 09.56 PM IST
- Attrition hits Aircel's top management
Attrition has hit Aircel’s top management even as the 2G scam rages and the company gears towards a possible sale.
09 Jan, 2012, 11.37 PM IST
- Aircel-Maxis deal: Suneeta Reddy of Apollo questioned by CBI
CBI has questioned Suneeta Reddy on the alleged role of former Telecom Minister Dayanidhi Maran in the takeover of Aircel by Malaysian grou...
15 Sep, 2011, 09.40 PM IST
- 'Investment in Aircel in full compliance with laws'
Maxis Communications Berhad (Maxis) has said that its investment in Aircel is in full compliance with the applicable laws of India and has ...
25 May, 2011, 12.27 PM IST
- Aircel plans $1.4 bn investment this year
Telecom service provider Aircel on Wednesday said it plans to invest USD 1.4 billion (over Rs 6,474 crore) this year on expanding its opera...
24 Feb, 2010, 01.33 PM IST