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GOVERNMENT TELECOM BAILOUT
Sebi clears govt proposal to turn Vodafone Idea dues into equity: SourcesLast year, India had approved a rescue package for debt-strapped telecom companies that allowed them to convert interest on deferred adjust...20 Oct, 2022, 02.57 PM IST- Sebi exempts govt from making open offer to VIL shareholdersNew Delhi, May 25 (PTI) Markets regulator Sebi on Wednesday exempted the government from making an open offer to the shareholders of Vodafo...26 May, 2022, 08.21 AM IST
- View: It’s in mutual interest of India and Vi to find a new solutionA perpetual challenge for lawmakers on economic policy has been that of balancing the role of the State with the interests of the free mark...30 Aug, 2021, 11.11 PM IST
- AGR dues: DoT working on three options for telcos' bailoutThe proposals are among several measures to be discussed on Friday by the Digital Communications Commission (DCC), the inter-ministerial pa...28 Feb, 2020, 11.57 AM IST
- CoS meets to discuss bailout package for telcos; DoT working on demand noticesSources said the DoT is working out the exact liability that Bharti Airtel, Vodafone Idea Ltd, and other telecom operators owe to the gover...05 Nov, 2019, 10.02 PM IST
- Vodafone Idea, Airtel shares jump up to 8.5% amid financial bailout buzzThe telecom sector stares at a massive payout following a Supreme Court order.30 Oct, 2019, 03.58 PM IST
- Government proposes Rs 74,000 crore bailout for BSNL, MTNLBSNL is the country’s biggest loss-making PSU (estimated Rs 13,804 crore in FY19), while MTNL was third with a loss of Rs 3,398 crore.03 Jul, 2019, 10.31 AM IST
- Telecom industry's debt at unsustainable level: SBISBI chairperson Arundhati Bhattacharya wrote to the central government regarding "highly unsustainable levels" of debt of mobile companies.02 Jun, 2017, 11.19 AM IST
- I-T refund, drop in costs may help BSNL cut lossesBSNL is likely to narrow its annual losses in the year ended March 31 to about Rs 8,100 cr, even as its revenue continues to slip, an execu...10 Aug, 2013, 10.39 AM IST
- EU ministers to bail out Cyprus by MarchThe European Union is also weighing whether to extend Ireland's rescue loans by five years or more, according to two EU officials.06 Mar, 2013, 04.00 AM IST
- DoT Seeks Rs 6,830 crore for Indian Telephone Industries' RevivalTelecom department has now sought Rs 6,830 crore from the finance ministry to turnaround Indian Telephone Industries (ITI).03 Sep, 2011, 03.37 AM IST
- CAG warns telecom min against bailout to mobile cosThe public accounts watchdog has warned the telecom ministry against bailouts to mobile phone firms in violation of rules.21 Sep, 2010, 03.32 AM IST
- Raja opens exit door for new telecom cosThe government was open to providing an exit route to new mobile phone companies that were given licences and airwaves under controversial ...15 Sep, 2010, 12.44 AM IST
- Liberty sole bidder for taking over ailing ITILiberty Group is learnt to be the only company to have mounted a bid for taking over telecom equipment maker Indian Telephone Industries af...24 Aug, 2010, 03.18 AM IST
- Govt plans to invite fresh bids for stake in ITIThe government plans to invite fresh bids for a controlling stake in telecom equipment maker ITI, after investors stayed away in the previo...21 Aug, 2010, 02.05 AM IST
- Govt mulls fresh bidding for controlling stake in ITIThe government plans to invite fresh bids for a controlling stake in telecom equipment maker Indian Telephone Industries.20 Aug, 2010, 02.30 AM IST
- Credit crunch: Airlines seek $1 bn bailoutThe Federation of Indian Airlines has asked for a $1 bn interest free loan from the govt to tide over the current crisis. Kingfisher's Lond...11 Oct, 2008, 06.30 PM IST
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