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RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.

RCom posts Q2 loss of Rs 30,142 crore on provisioning of liabilities

RCom revenue from operations dropped to Rs 302 crore in Q2 FY20 from Rs 977 crore in Q2 FY19.

16 Nov 2019 3:47 PM IST

Telecom infrastructure firm American Tower Corporation (ATC) today announced that it has completed mobile tower purchase deal worth Rs 3,800 crore with Vodafone India through its Indian arm.

Govt intends to address concerns of telecom sector, says Sitharaman

The SC last month ruled in favour of the govt and directed telecom companies to pay as much as Rs 1.42 lakh crore.

16 Nov 2019 10:48 AM IST

On the domestic front, Air India is introducing new flights on BhopalPuneBhopal route and Varanasi-Chennai-Varanasi from June 5, 2019.

Taking steps to protect interests of employees: Air India chief on...

The government is planning to invite bids for the national carrier next month.

8 Nov 2019 11:42 AM IST

Mortgage lender Dewan Housing Finance Ltd (DHFL) on Tuesday said that it has cleared interest of Rs 961 crore due on non-convertible debentures (NCDs) and would be seeking a rating upgrade from agencies.

DHFL shares fall nearly 5 pc as RBI starts resolution process

Over 17 lakh shares of DHFL were traded on the NSE, while the BSE saw an exchange of 4.51 lakh shares.

2 Dec 2019 4:37 PM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)

Lessors to troubled Jet Airways consider taking back planes: sources

The airline is working on its turnaround strategy and updating its partners, in real time, on efforts taken to improve...

12 Jan 2019 12:05 PM IST

Ruia family-owned Essar Oil and Gas will invest Rs 900 crore in drilling 150 more wells on its Raniganj CBM block in West Bengal.

Essar says all overseas debt cleared, USD 1.75 bn paid to Indian,...

Essar Global has now repaid about Rs 6,300 crore to ICICI Bank, Axis Bank, and Standard Chartered Bank.

7 Jan 2019 2:42 PM IST

Reliance Group Chairman Anil Ambani

SC seeks response from Anil Ambani on Ericsson's contempt petition

The bench then directed R Com to deposit a demand draft of Rs 118 crore in the registry.

7 Jan 2019 12:04 PM IST

Being the first baby to be born in-flight for the airline, Jet Airways has offered him a free lifetime pass for all his travels.

Jet Airways shares fall 3 pc on reports of SBI mulling moving NCLT...

Shareholders of Jet Airways had approved conversion of loan into shares and other proposals during the extraordinary...

25 Feb 2019 3:30 PM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

SBI says reports of taking Jet Airways to NCLT speculative'

Reports earlier said SBI was mulling moving the NCLT to recover its loans from Jet Airways.

25 Feb 2019 2:07 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Lessors doubt Jet Airways rescue plan, pull out more planes: sources

Jet has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.

21 Feb 2019 3:18 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Debt-laden Jet Airways edges closer to safety

The airline has also seen its share price suffer as it navigated through several negotiations with its lenders and...

21 Feb 2019 10:25 AM IST

The debt crisis at the infrastructure lender came to light following a series of defaults by its group companies beginning September 2018.

IL&FS crisis: ED raids multiple locations after filing PMLA case

IL&FS is sitting on a debt pile of about Rs 91,000 crore.

20 Feb 2019 1:11 PM IST