Standard Chartered Bank has failed to invoke a BG issued by them on behalf of Aircel Group of companies.
19 Aug 2018 1:57 PM
Karpe and Ravi cease to be independent directors of IDBI Bank with effect from May 11 and May 12 respectively.
15 May 2018 1:52 PM
The state-owned bank had given a loan to Axcel Sunshine Ltd in February 2014, which had turned into a non-performing asset.
01 May 2018 3:43 PM
This is the first time the agency is questioning him in connection with the case.
10 Apr 2018 4:34 PM
Aircel announced in February that it has filed for bankruptcy.
02 Apr 2018 4:04 PM
The move comes at a time when Aircel has filed for bankruptcy.
01 Apr 2018 12:00 PM
Sources said that the filing was made in National Company Law Tribunal (NCLT) Mumbai.
01 Mar 2018 1:27 AM
TRAI is also likely to grant additional port out codes to Aircel with extended validity of 45 days instead of 15 days.
27 Feb 2018 2:06 PM
Idea will restore interconnect services immediately after Aircel makes the payment.
07 Feb 2018 1:40 PM
TRAI directed all telecom operators to accept request of Aircel subscribers to join their network till March 10, 2018.
21 Dec 2017 11:45 AM
Moody's had downgraded the credit rating of RCom to 'Ca' from 'Caa1' in June 2017.
04 Oct 2017 9:14 AM
RCom has earned a temporary reprieve from its banks, who have agreed to a standstill on its debt obligations.
02 Oct 2017 8:32 PM
Cites legal and regulatory hurdles as reasons to pull out of the deal.
02 Oct 2017 2:19 AM
Both the telcos had signed binding agreements in September 2016 for the merger of RCom's mobile businesses with Aircel.
01 Oct 2017 9:05 PM
Trai says average download speed on Jio network slightly dipped from 19.12 mbps in May.
04 Jul 2017 5:38 PM
The panel has asked telecom firms to provide their total annual revenue, operational expenses, net profit, market share and other details.
06 Jun 2017 6:17 PM
RCom reported a $150 million fourth-quarter loss and worries about its heavy debt load resurfaced.
29 May 2017 10:56 AM
RCom and the present shareholders of Aircel will hold 50 per cent stake each in the merged entity.
24 Apr 2017 4:36 PM
Transaction will reduce RCom's debt by Rs 20,000 crore (USD 3 billion), while Aircel's debt would go down by Rs 4,000 crore.
20 Mar 2017 12:03 PM
The company gets approval of capital markets regulator Sebi and stock exchanges, BSE and NSE.
15 Mar 2017 4:21 PM