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VODAFONE IDEA BANKRUPTCY
Vodafone Idea is reportedly in talks with SBI for a loan lifelineThe government-owned lender has asked Vodafone Idea to present a detailed plan on their financial viability including equity infusion from ...
SBI to take measures to insulate bank balance sheets from stress in telecom cos, says Dinesh Khara“We will have to wait and watch till the final verdict comes but nevertheless we have to ensure that we adopt all possible steps to insulat...
SBI to take steps to insulate bank's balance sheets from stress in telecom firms: Dinesh Khara“We will have to wait and watch till the final verdict comes but nevertheless we have to ensure that we adopt all possible steps to insulat...
Vodafone India poised to avert bankruptcy after Supreme Court orderThe fine print of a Supreme Court judgment published late Tuesday showed Vodafone Idea Ltd. doesn’t need to make any immediate payments as ...
Banks urged govt to save Voda Idea from going bustThe IBA’s letter was sent a day after the SC, on February 14, lashed out at telecom companies for not paying up their AGR dues on time whil...
CLSA upgrades Voda Idea on good earnings prospectsCLSA is the first brokerage in recent times to upgrade stock of the company which has been on the brink of bankruptcy.
Voda Idea likely to pay Rs 1,000 cr in AGR dues today: SourceSo far, DoT estimates show Vodafone Idea has to pay Rs 56,709.49 crore to the government, of which it paid Rs 2500 crore on Monday with ass...
Telecom biz broken, Voda Idea on brink: Former finance secretary Subhash Chandra GargOn AGR, the former secy has advised the govt to offer telcos a one-time settlement scheme to pay the principal due amount as per the AGR de...
For Vodafone Idea, the choice now is equity infusion or bankruptcy: AnalystsThe situation now is this: If it moves NCLT, it may get a moratorium, but will still have to answer SC.
Aditya Birla Group won’t face fund or bid curbs if Vodafone Idea faces bankruptcy: BankersWhen a company faces insolvency proceedings, promoters are unable to raise funds for other businesses, and also they are not eligible to bi...
Vodafone Idea yet to take a call on filing review petition in SC on AGR orderLoss-making Vodafone Idea is among the worst hit by the top court judgement which backed the government’s broader definition of AGR, basis ...
Telecom woes: Vodafone Idea to approach govt for relief, waiver of interest, penaltySC order on adjusted gross revenue for telcos could make Voda-Idea to shell out Rs 28,309 crore.
Telcos performance diverging in face of Jio's growth: FitchJio's entry has so far impacted all the telcos, forcing mergers and bankruptcy filings.
DoT floats cabinet note on Voda Idea's FDI proposal ahead of Rs 25,000 cr rights issueA telecom department official privy to the development said that the proposal is likely to be taken up by the Cabinet soon.
Vodafone, Idea may take legal action against Aircel to recover duesAircel owes about Rs 60 crore to Idea Cellular including interconnect usage charges (IUC), and a similar estimated amount to Vodafone India...
Ericsson moves Delhi High Court to recover Aircel duesAircel, owned by Malaysia’s Maxis, and its units have debt of Rs 50,000 crore which includes Rs 19,889 crore owed to operational lenders, s...
After Idea, Vodafone stops most interconnect services to Aircel due to non-payment of duesAircel is also believed to be looking at the option of selling its assets, such as subscribers and infrastructure, with Bharti the frontrun...