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AIRCEL STAFF
NCLT allows Airtel to retain Rs 112-crore from Aircel paymentNCLT order comes on the back of long dispute over settlements between Airtel and Aircel, which is in the midst of insolvency proceedings.- 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 employees back each other in misery & uncertaintyAircel’s reigns have been given to an insolvency resolution professional (IRP) from Deloitte after it was admitted to bankruptcy in March.
- Aircel parent infuses Rs 95 crore to help pay staff, meet other expensesAircel management has been closely working with Malaysiaheadquartered Maxis, owned by businessman T Ananda Krishnan, for the emergency infu...
- Over 5,000 Aircel staff await salary duesResignations with little follow-up action on replacements are wreaking havoc on the organisational structure. “
- 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...
- Facing distributors’ ire, Aircel staffers knock on PMO’s door seeking helpThe company suffered sudden network outages in late February, sending hundreds of customers to Aircel’s retail outlets seeking to port out ...
- Amid failing networks, Aircel signals BSNL for roaming deal“Aircel Tamil Nadu customers will be able to roam on BSNL network. We are in the process of arranging a bank guarantee," said a senior Airc...
- 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...
- 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 ...
- China Development Bank puts a spanner in Aircel-RCom mergerAircel had sourced equipment from Chinese vendors such as Huawei and ZTE, which are backed by loans from the Chinese banks like CDB.
- 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.
- 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 ...
- Corporate training workshops promise to make a differenceCompanies like Aircel, Vodafone, ISCI, Nestle, Craft and Cipla among many others have realised the need for strengthening and sharpening bu...
- Aircel finds the going tough after its debt burden soars, makes desperate moves for survivalStarved of cash, credibility & commitment, the telco is making desperate moves for survival. This has left employees edgy, promoters distan...
- Aircel to cut 600 jobs amid surging costs, severe margin pressureAircel will cut 12% of its workforce following its decision to reduce operations in five unprofitable regions amid surging costs and severe...
- Aircel pruning operations in at least 5 circles to cut costsAircel is believed to be cutting down operations in at least five circles, starting with Madhya Pradesh, to cut cost of service following s...
- Aircel unlikely to acquire operators in Indian telecom consolidationAircel is not likely to acquire other telecos in the upcoming rationalisation in which the no of operators would reduce from around 14 to s...
- Aircel rejigs busineess into two divisionsMaxis-owned Aircel has restructured its businesses into two divisions, an executive with direct knowledge of the development told ET.
- 2G scam: BJP slams CBI for selectively 'picking evidence’BJP reacted sharply to CBI turning the spotlight on NDA term in office, saying the agency is ignoring evidence connecting home minister P C...
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