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French court orders freezing of Indian property on Devas' pleaThe court awarded the lien - a legal right over assets to cover debts - on September 25, 2021, according to a copy of the court order revie...- Devas Multimedia eyeing foreign assets of Indian govt to enforce $1.3 bn arbitral awardEarlier this year, NCLT ordered the winding up of Devas Multimedia, ruling that the incorporation of the company itself was done with fraud...
- Market Now: Tata Tele, Bharti Airtel boost BSE Telecom indexSterlite Technologies, ITI and Tejas Networks were losing in trade.
- IndiaPost becomes 3rd entity to receive licence to start payment bank operationsAs per the initial road map, each post office in the country will offer the post bank services.
- ISRO's Antrix to pay Rs 4,432 crore damages to Devas for unlawfully cancelling contractIn a jolt to ISRO's commercial arm, Antrix, an international tribunal has asked it to pay damages worth $ 672 million (Rs 4,432 crore).
- Videocon to invest Rs 340 crore in expansion of internet servicesVideocon Telecom today said it will invest over Rs 340 crore in a year to expand internet services in 6-7 circles starting with Haryana, Gu...
- Microsoft to tie up with telco to sell its applications, gamesThe idea is to allow customers to buy applications and games of their choice from Microsoft through their telecom operators.
- Indian companies invest $1.66 billion overseas in February: RBI dataInvestment by Indian companies abroad dropped by 49 per cent to $ 1.66 billion in February compared to the previous month, the RBI data sho...
- Batelco plans to re-enter India through acquisitionBahrain Telecommunication Co (Batelco) is looking to re-enter India through acquisition of a telcom company, says report.
- Unitech puts on hold demerger of infrastructure businessUnitech today said it has put on hold its plans to demerge the infrastructure vertical indefinitely on account of sluggishness in economy.
- Maran brothers made life threats to me: Sivasankaran to CBISivasankaran has provided the CBI a list of over 10 witnesses, mostly based abroad, to buttress his point that he was threatened by the Mar...
- ISRO's 3G deal makes waves for wrong reasonsSeveral cos had said India was offering BWA waves in the 2.3 GHz band instead of the superior 2.5 GHz.
- Zain deal to enhance Bharti share on long term: ExpertsBharti Airtel's investors can cheer as the $10.7-bn takeover of Zain's African assets would increase its profitability on long term.
- SSTL gives outsourcing deal to Aegis BPOSistema Shyam Teleservices Ltd (SSTL), a joint venture between Russia's Sistema and the Shyam Group, is close to inking an IT operations ou...
- Telenor scraps rights issue to fund Unitech dealTenenor ASA, Norway's largest telcoms operator said it had scraped its proposed 12 billion-Krone ($1.8 billion) rights offer to fund its ac...
- Unitech JV rules out 3G services, to start 2G in 2009Norwegian telecom giant Telenor, which recently picked up 60 per cent stake in Unitech Wireless, today said the company will not participat...
- Give 20% of Grameenphone IPO shares to bank borrowers:YunusGive 20% of Grameenphone IPO shares to bank borrowers:Yunus
- Cisco firms up VC plan for IndiaGlobal networking major Cisco is stepping up its next phase of investments in India, further to its $100 million investment in India so far.
- Aditya Birla group plans foray into general insuranceThe Aditya Birla group is weighing a foray into general insurance. “We are now considering entering the general insurance sector. While com...
- Govt okays Rs 42-crore FDI in Usha CommA Rs 42.03 crore investment proposal by USA Communication Technology in Kolkata-based Usha Comm India is among 40 FDI cases worth Rs 76 cro...
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