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Standard Chartered Chief Executive Bill Winters this month branded the banks income and profit unacceptable, as below-forecast third-quarter results underlined the challenges facing his overhaul.

Business

DoT blacklists bank guarantees issued by Standard Chartered Bank

Standard Chartered Bank has failed to invoke a BG issued by them on behalf of Aircel Group of companies.

19 Aug 2018 8:27 AM GMT

Reliance communications Chairman Anil Ambani

Business

Reliance Communications-Aircel deal gets CCI nod

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...

20 March 2017 6:33 AM GMT

$Jio said that bulk of its network is \already built\ and can support more than 60 per cent of estimated 2020-21 India data demand.$ Business

Jio again tops 4G mobile speed chart with 18.8 mbps

Trai says average download speed on Jio network slightly dipped from 19.12 mbps in May.

4 July 2017 12:08 PM GMT

Business

RCom shares hit record low on fourth-quarter loss

RCom reported a $150 million fourth-quarter loss and worries about its heavy debt load resurfaced.

29 May 2017 5:26 AM GMT

Business

Supreme Court stays transfer of Aircel spectrum

RCom-Aircel merger in limbo; promoter summoned.

6 Jan 2017 8:54 PM GMT

Business

Reliance Communication to merge with Aircel

The company gets approval of capital markets regulator Sebi and stock exchanges, BSE and NSE.

15 March 2017 10:51 AM GMT

Reliance Group Chairman, Anil Ambani (Photo: File)

Business

RCom gets SEBI nod for merger with Aircel

Company has also filed application with National Company Law Tribunal for approval of scheme.

15 March 2017 7:24 AM GMT

Even airlines, who are see intense rivalry took time off to wish each other on the Valentines day.

Business

Telco rivals spread love in social media

Aircel also didn't let the chance to flirt with Idea on the day.

14 Feb 2017 11:47 PM GMT

Reliance Jio free 4G services have reduced profit of Airtel by more than half, lowered Vodafone Indias profit and pushed Idea Cellular into first ever quarterly loss.

Technology

Valentine is here, telcos play the love game on twitter

Fiercest rivals of the Indian telecom industry shared messages on the Valentine's Day, with twitter playing the cupid.

14 Feb 2017 1:56 PM GMT

Business

Telecom min Manoj SInha to meet telcos on June 22-23

The panel has asked telecom firms to provide their total annual revenue, operational expenses, net profit, market share...

6 Jun 2017 12:47 PM GMT

The notice has sought Rs 8,162 crore from Bharti Airtel, Rs 7,701 crore from Reliance Group, Rs 5,718 crore from Tata Teleservices, Rs 4,695 crore from Vodafone, Rs 2,708 crore from Idea Cellular and Rs 490 crore from Aircel.

Business

Aircel to shut operations in six circles from January 30

TRAI directed all telecom operators to accept request of Aircel subscribers to join their network till March 10, 2018.

21 Dec 2017 6:15 AM GMT

India

Supreme Court warns Maxis boss of stake sale for evading court

Abhishek Singhvi told that court that it cannot use Aircel to procure the presence of Ananda Krishnan.

3 Feb 2017 9:04 PM GMT