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KAIZAD HEERJEE
Aircel staff takes rescue into own handsIn 2 months, the team has managed to raise Rs 90 crore, almost at a par with the amount infused by Maxis.- Aircel rejigs top deck after exodus of senior executivesThe company’s head of operations Vipul Saurabh and chief marketing officer Anupam Vasudev has resigned as well.
- Aircel creditors, financial lenders file claims for recovery with IRPIn the list of claims, a copy of which is with ET, the amounts include Rs 411 crore filed by Bharti Infratel, Rs 843 crore filed by Indus T...
- Aircel CEO quits, but will assist insolvency resolution on BankruptcyHeerjee will, continue to work with the insolvency resolution professional (IRP) to help the telco, which has filed for bankruptcy protecti...
- Aircel lenders eye restart, new investorsAircel chief executive Kaizad Heerjee was absent from the meeting. Sources said he was overseas trying to arrange interim funding. Malaysia...
- Aircel rushing to strike intra-circle roaming pacts to keep network goingIndustry insiders added that the chances of intra-circle roaming pacts happening also look slim, consider that the agreements also involve ...
- 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...
- Network hit as demand for portability chokes AircelWith networks down for most part of Tuesday in Chennai, it was near-panic situation for subscribers who rushed to apply for mobile number p...
- Aircel warns staff to brace for ‘difficult’ times aheadThe telco’s operations have been hurt by intense competition in a sector that has been a drag on the revenue and profitability of even the ...
- 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 ...
- 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...
- Kaizad Heerjee may get two-year extension as RCOM, Aircel hold merger talksHeerjee has been offered a two-year extension on his contract, two people familiar with the negotiations said. Heerjee declined to comment ...
- 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...
- Tough market forces CEO churn in consumer-facing companiesAt least 16 high profile CEOs from three consumer facing industries — FMCG, automotive and telecom — switched jobs in 2013.
- Reliance Communications ties up with Aircel to cut capital expenditureThe company, through these pacts, can cut capital expenditure of around Rs 1,200 crore, said the company’s wireless operations’ chief.
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