telecom firm

Curbs on Uninor sale: Court notice to Unitech


August 21st, 2012 - 9:17 pm ICT by IANS
New Delhi, Aug 21 (IANS) The Delhi High Court Tuesday issued notice to Unitech Ltd. on a plea by Unitech Wireless (Tamil Nadu) Pvt. Ltd. challenging a Company Law Board ... Read more...

Posted in Business |

No equity in any telecom firm: Chidambaram


May 14th, 2012 - 4:26 pm ICT by IANS
New Delhi, May 14 (IANS) Stating that neither he or his family had any connection with Aircel or any other telecom company, an emotional Home Minister P. Chidambaram Monday ... Read more...

Posted in Business |

Vodafone plea denied as Mukherjee says ‘India no tax haven’


May 8th, 2012 - 7:48 pm ICT by IANS
N0ew Delhi, May 8 (IANS) Finance Minister Pranab Mukherjee Tuesday declined to roll-back a change in the Income Tax Act with retrospective effect to tax foreign firms for capital ... Read more...

Posted in Business |

GSM players to contest TRAI theory of minor tariff hike


May 7th, 2012 - 8:56 pm ICT by IANS
New Delhi, May 7 (IANS) The heads of some telecom firms will meet Communications Minister Kapil Sibal Tuesday to contest the regulator's contention that there would be only a minor ... Read more...

Posted in Business |

2G trial judge can’t hear cheating case: Telecom firm (Lead)


April 25th, 2012 - 11:31 pm ICT by IANS
New Delhi, April 25 (IANS) A telecom company's counsel told the Supreme Court Wednesday that the special Delhi court conducting the trial of 2G cases under the Prevention of Corruption ... Read more...

Posted in Business |

2G trial judge can’t hear cheating case: Telecom firm


April 25th, 2012 - 11:23 pm ICT by IANS
New Delhi, April 25 (IANS) A telecom company's counsel told the Supreme Court Wednesday that the special Delhi court conducting the trial of 2G cases under the Prevention of Corruption ... Read more...

Posted in Business |

Sensex slumps 117.57 points, Wipro tanks


April 25th, 2012 - 4:01 pm ICT by IANS
Mumbai, April 25 (IANS) A benchmark index for Indian equities markets was trading 117.57 points lower in the afternoon session Wednesday, affected by a decline in the shares of ... Read more...

Posted in Business |

Sensex ends 111 points up; TCS, Wipro surge (Lead)


April 24th, 2012 - 6:28 pm ICT by IANS
Mumbai, April 24 (IANS) A benchmark index for Indian equities markets closed 111 points higher Tuesday, led by an almost 12 percent surge in the share price of Tata ... Read more...

Posted in Business |

Telecom shares plunge on 2G spectrum price hike move


April 24th, 2012 - 3:00 pm ICT by IANS
New Delhi, April 24 (IANS) The share prices of telecom firms fell sharply Tuesday, a day after the regulator proposed a high reserve price for the 2G spectrum to be ... Read more...

Posted in Sci-Tech |

Sensex rises 100 points; TCS, Wipro surge


April 24th, 2012 - 2:22 pm ICT by IANS
Mumbai, April 24 (IANS) A benchmark index for Indian equities markets was trading 100 points higher in the afternoon session Tuesday, led by more than 12 percent surge in ... Read more...

Posted in Business |

Court sets aside contempt order against IFCI CEO


April 17th, 2012 - 11:49 pm ICT by IANS
New Delhi, April 17 (IANS) The Delhi High Court Tuesday set aside the order of a single judge holding the CEO of Industrial Finance Corporation of India Ltd (IFCI) guilty ... Read more...

Posted in Uncategorized |

Brazil to launch satellite for military purposes


April 4th, 2012 - 1:01 pm ICT by IANS
Rio de Janeiro, April 4 (IANS/EFE) Brazil will launch a satellite for military purposes and to expand broadband Internet service throughout the country, Communications Minister Paulo Bernardo Silva said, adding ... Read more...

Posted in World |

China seeks equal treatment in Australia


March 29th, 2012 - 4:28 pm ICT by IANS
Beijing, March 29 (IANS) China has urged the Australian government "to remove blinkers" toward investors from China and stop foiling the ordinary business plans of Chinese enterprises.Foreign ministry spokesman Hong ... Read more...

Posted in World |

Telenor denies quoting specific compensation amount


March 27th, 2012 - 6:03 pm ICT by IANS
New Delhi, March 27 (IANS) Norway-based Telenor Tuesday said it will seek compensation for its investment if the license issue is not settled but denied quoting any specific amount ... Read more...

Posted in Uncategorized |

On Vodafone ruling, father-son Bhushans don’t see eye to eye


March 23rd, 2012 - 7:37 pm ICT by IANS
New Delhi, March 23 (IANS) On civil society issues, they are part of the same movement and platform. But on the Vodafone tax ruling, the Bhushans, Shanti and Prashant, ... Read more...

Posted in Business |

Fine on IFCI, jail for executives for contempt of court


March 21st, 2012 - 1:32 am ICT by IANS
New Delhi, March 20 (IANS) The Delhi High Court has slapped a Rs.5 lakh fine on the Industrial Finance Corporation of India Ltd (IFCI) and sentenced its CEO and two ... Read more...

Posted in Business |

Apex court dismisses lawyer’s petition in Vodafone case (Lead)


March 2nd, 2012 - 7:23 pm ICT by IANS
New Delhi, March 2 (IANS) The Supreme Court Friday dismissed as "irresponsible and scandalous" a petition by advocate M.L. Sharma that alleged conflict of interest over the apex court's verdict ... Read more...

Posted in Business |

Supreme Court dismisses petition in Vodafone case


March 2nd, 2012 - 3:59 pm ICT by IANS
New Delhi, March 2 (IANS) The Supreme Court Friday dismissed a petition by advocate M.L. Sharma as "irresponsible and scandalous" that alleged conflict of interest over the court's verdict in ... Read more...

Posted in Business |

Etisalat to shut down India operation


February 22nd, 2012 - 11:39 pm ICT by IANS
New Delhi, Feb 22 (IANS) Telecom service provider Etisalat DB Wednesday said it will shut down its services in India following the Supreme Court ordering cancelling of 122 spectrum licences, ... Read more...

Posted in Business |

India eases M&A; norms for telecom industry (Lead)


February 15th, 2012 - 9:23 pm ICT by IANS
New Delhi, Feb 15 (IANS) Mergers and acquisitions in India's telecom sector will now be easier as the government Wednesday announced new norms for the industry which it said would ... Read more...

Posted in Business |

India eases merger norms in telecom sector


February 15th, 2012 - 7:45 pm ICT by IANS
New Delhi, Feb 15 (IANS) India Wednesday announced new norms for the telecom industry, making mergers and acquisitions (M&As;) easier in the sector that is set to enter a phase ... Read more...

Posted in World |

PM holds meet on 2G verdict, as issue takes diplomatic turn (Second Lead)


February 11th, 2012 - 7:32 pm ICT by IANS
New Delhi, Feb 11 (IANS) Prime Minister Manmohan Singh Saturday held a crucial meeting on the 2G spectrum issue in the wake of the apex court cancelling 122 licences, ... Read more...

Posted in Business |

Reliance Communications quarterly revenue rises at Rs.5,052 crore


February 10th, 2012 - 10:49 pm ICT by IANS
Mumbai, Feb 10 (IANS) Leading telecom firm Reliance Communications Friday reported an increase in total revenue at Rs.5,052 crore for the quarter ended Dec 31 against Rs.5,040 crore during the ... Read more...

Posted in Sci-Tech |

Vodafone Group’s quarterly India revenue grows 6.3 percent


February 9th, 2012 - 9:42 pm ICT by IANS
New Delhi, Feb 9 (IANS) Britain-based telecom firm Vodafone Group Thursday reported a 6.3 percent rise in its India revenue at 1.02 billion pounds ($1.62 billion) for the quarter ... Read more...

Posted in Business |

Etisalat writes off $827 mn, evaluates India options


February 9th, 2012 - 9:14 pm ICT by IANS
Mumbai/New Delhi, Feb 9 (IANS) Abu Dhabi-based telecom firm Etisalat Thursday wrote off its investments worth $827 million in the mobile company Etisalat DB and said the company is evaluating ... Read more...

Posted in Business |

All should be allowed to bid in 2G auction: Bharti Airtel


February 8th, 2012 - 5:19 pm ICT by IANS
New Delhi, Feb 8 (IANS) Under a fair market mechanism, all players should be given equal opportunity to participate when a 2G auction takes place, leading telecom firm Bharti Airtel ... Read more...

Posted in Sci-Tech |

Norwegian minister meets Sibal, discusses Telenor issue


February 7th, 2012 - 7:06 pm ICT by IANS
New Delhi, Feb 7 (IANS) Continuing with the diplomatic drive to secure state-owned Telenor's $3 billion investment in India, a key Norwegian minister met Communications Minister Kapil Sibal Tuesday and ... Read more...

Posted in Business |

2G auction should be among 2008 licencees: Uninor (Second Lead, superseding earlier story)


February 6th, 2012 - 5:04 pm ICT by IANS
New Delhi, Feb 6 (IANS) Telecom firm Uninor, that lost all its 22 licences following the Supreme Court's verdict last week, Monday proposed that only those players who got licences ... Read more...

Posted in Business |

2G re-auction should be among 2008 licencees: Uninor (Lead)


February 6th, 2012 - 4:42 pm ICT by IANS
New Delhi, Feb 6 (IANS) Telecom firm Uninor, that lost all its 22 licences following the Supreme Court's verdict last week, Monday proposed that only those players who got licences ... Read more...

Posted in Business |

Only firms given 2G licence in 2008 should be allowed in re-auction: Uninor


February 6th, 2012 - 2:45 pm ICT by IANS
New Delhi, Feb 6 (IANS) Telecom firm Uninor that lost all of its 22 licences following the Supreme Court's verdict last week Monday proposed that there should be a fair ... Read more...

Posted in Business |

Cash-rich Piramal picks up another 5.5 percent in Vodafone


February 4th, 2012 - 5:38 pm ICT by IANS
New Delhi, Feb 4 (IANS) Piramal Healthcare Saturday announced it would buy a 5.5 percent stake in Vodafone India for Rs.3,007 crore ($618 million), taking the total stake of the ... Read more...

Posted in Uncategorized |

Sensex soars past 17,600 points; registers 5th weekly gain (Roundup)


February 3rd, 2012 - 6:27 pm ICT by IANS
Mumbai, Feb 3 (IANS) Main indices of Indian equities markets rallied for the fifth straight week, with benchmark Sensex rising above 17,600 points on the back of continued buying ... Read more...

Posted in Business |

Sensex witnesses choppy trade, Bharti Airtel rises (Lead)


February 3rd, 2012 - 3:33 pm ICT by IANS
Mumbai, Feb 3 (IANS) A benchmark index for Indian equities witnessed choppy trade Friday afternoon, moving in a narrow range of less than 100 points even as Bharti Airtel ... Read more...

Posted in Business |

Sensex gains 131 points; Bharti Airtel surges (Lead)


February 2nd, 2012 - 7:57 pm ICT by IANS
Mumbai, Feb 2 (IANS) A benchmark index for Indian equities closed 131 points higher Thursday, led by an almost seven percent jump in the share price of Bharti Airtel ... Read more...

Posted in Business |

New telecom firm promoter scrips fall, older one’s gain on SC order (Lead)


February 2nd, 2012 - 7:37 pm ICT by IANS
Mumbai, Feb 2 (IANS) Stocks of firms that face cancellation of telecom licences after a Supreme Court order, which fell sharply in intra-day at Indian stock markets Thursday, managed to ... Read more...

Posted in Business |

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