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AIRCEL
More the retro, less the going forwardRecent developments have cast a shadow over government telecom spectrum charges imposed over ten years ago, now being questioned in light o...- Stocks in news: SBI Life, Trent, Tata Investment, HCL Tech, Suzlon EnergyIn today's trade, shares of SBI Life, Trent, Tata Investment, HCL Tech, Suzlon Energy among others will be in focus due to various news dev...
- SBI seeks Supreme Court review of spectrum ruling in Aircel case, warns of banking and IBC risksSBI has moved the Supreme Court seeking review of its February 13 ruling that barred telecom spectrum from being treated as an asset under ...
- SBI moves Supreme Court seeking review of spectrum ruling, flags impact on telecom insolvenciesThe State Bank of India is asking the Supreme Court to reconsider a recent ruling. The judgment prevents telecom spectrum from being treate...
- Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from EdelweissOmkara Asset Reconstruction Company and Oaktree Capital Management have acquired GTL Infrastructure's debt. The deal, valued at ₹1,200 cror...
- TVS Supply settles dispute with ZTE, withdraws insolvency plea in NCLATTVS Supply Chain Solutions has settled its debt dispute with ZTE Telecom India. The company withdrew its appeal against an order that rejec...
- Aircel insolvency: Plea in Supreme Court for interim sale of right to use of spectrumThe former Resolution Professional of Aircel entities has requested the Supreme Court's permission to sell the right to use spectrum on an ...
- Aircel will now give you 1GB data for Rs 76, full talk time on recharge of Rs 86The offer would be available by downloading the Aircel app, and that also includes full talk time on a recharge of Rs 86 with 100MB free da...
- 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...
- 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...
- 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...
- 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.
- 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.
- 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...
- Aircel likely to file for bankruptcy; RCom shares take a diveFollowing the report, shares of several lenders to Aircel also came under pressure.
- 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.
- 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 ...
- Attrition hits Aircel's top managementAttrition has hit Aircel’s top management even as the 2G scam rages and the company gears towards a possible sale.
- '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 ...
- Aircel plans $1.4 bn investment this yearTelecom 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...
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