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MERGED LICENCES
HC quashes ₹23,600 cr retrospective spectrum dues on Airtel, Voda IdeaThe Bombay High Court has cancelled spectrum charges of approximately 23,600 crore rupees for Bharti Airtel and Vodafone Idea. The court ru...
Nepal delegation led by Rabi Lamichhane to visit India on June 1A delegation from Nepal's Rastriya Swatantra Party, led by Rabi Lamichhane, will visit India starting June 1. They will meet with BJP Presi...
Quote of the day by Virginia Woolf: 'In marriage, a little licence, a little independence there must be between people living together day in and day out in the same house' - What legendary author wanted to say about love and personal spaceVirginia Woolf's book, Mrs. Dalloway, offers a timeless perspective on relationships, emphasising the necessity of personal freedom and ind...
8th Pay Commission for defence employees: Rs 69,000 minimum pay and massive cadre restructuring; what defence employee body wants from 8th CPCThe All India Defence Employees Federation (AIDEF) has submitted a memorandum to the 8th Pay Commission, demanding a Rs 69,000 minimum pay ...
Marred by controversy, light on reforms: Nepal's 'super PM' Balen Shah completes one month in officeNepal's new "super Prime Minister" Balendra Shah navigates a challenging first month. Despite an ambitious reform agenda, his government fa...
When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
Tweak sought in capital norms for urban co-operative bank licenceIn an effort to invigorate the co-operative banking landscape, the Reserve Bank of India is contemplating a significant reduction in the mi...
War preparedness: Why India must spend smarter, not just moreIndia's journey towards a modernized defense sector is fraught with obstacles. While military budgets are on the rise, the country's over-d...
Air India CEO Campbell Wilson quits; board aims to find successor by SeptemberIn a statement, Air India said Wilson had conveyed his decision of stepping down to Tata Sons chairman N Chandrasekaran back in 2024, leadi...
Quote of the day by Oscar Wilde: ‘Second marriage is the triumph of hope over experience, while first marriage is triumph of imagination over intelligence’Oscar Wilde's witty observation on marriage, "Marriage is the triumph of imagination over intelligence. Second marriage is the triumph of h...
Starlink, SES differ with Amazon’s Kuiper, Apple partner on Trai’s unified satcom licence proposalGlobal satellite firms have differing stances on the Indian telecom regulator's proposal to merge authorisation regimes for satellite servi...
ABWL merger: Airtel has to return excess spectrum, pay Rs 406 crore feeBharti Airtel may have to surrender 1.2 Mhz spectrum in the Mumbai circle if it wants to merge its unit Airtel Broadband Wireless (ABWL) wi...
CAG asks DoT's to reply by June on telecom circle mergersIt was alleged that Chennai and TN service areas were "hastefully" merged resulting in "undue benefit" of Rs 2,400 crore to Airtel and Airc...
Merger of Tamil Nadu, Chennai telecom service arear deprived government of 2.4k cr: CAGThe Comptroller and Auditor General has flagged the way the telecommunications department in 2005 merged the Chennai and Tamil Nadu telecom...
Telecom department seeks legal view on Aircel’s merger of licencesThe DoT has specifically asked the AG to offer its legal views in case of Aircel since the telecom company went ahead with registration of ...
DoT seeks Attorney General's views on spectrum charges for merged licencesThe telecom department has sought an opinion from the country's highest law officer on whether spectrum charges should be applied on mobile...
Airtel, Vodafone and Aircel may be charged for airwaves in Tamil NaduDoT is deliberating a market price for second-generation (2G) airwaves for all operators who merged their Chennai licence with Tamil Nadu.
Aditya Birla Nuvo to seek licence from RBI for setting up bankAditya Birla Nuvo today said it will apply to Reserve Bank of India (RBI) for seeking a bank licence.
SREI Infra, Edelweiss Financial to seek licence from RBI for setting up bankREI Infrastructure Finance and Edelweiss Financial today said they will apply to RBI for seeking bank licences.
IDFC to seek licence from RBI for setting up bankInfrastructure financing company IDFC today said the board has approved a proposal to seek licence from RBI for setting up a bank