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  TRAI recommends entry fee reduction and bank guarantee merging to boost telecom sector

  Business | September 19, 2023 21:50 IST

  TRAI believes that these measures will encourage investments, foster growth, improve service quality, and enhance consumer welfare within the telecom industry.

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  Cabinet approves 4-year moratorium for telcos; 100% FDI allowed in telecom sector

  Business | September 15, 2021 21:21 IST

  Union Cabinet approves 4-yr moratorium on payment of statutory dues by telcos; telcos to pay interest on moratorium period.

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  Telecom relief package may provide 4-year moratorium on AGR

  Business | September 09, 2021 10:44 IST

  The government has been in talks with several stakeholders, including banks, for a package for the sector amid the concerns of a possible duopoly in the Indian telecom sector if Vodafone Idea shuts.

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  Modi cabinet approves Production Linked Incentive Scheme for Telecom sector worth over Rs 12,000 cr

  Business | February 18, 2021 0:02 IST

  The government on Wednesday approved a Rs 12,195 crore production-linked incentive (PLI) scheme for telecom gear manufacturing in India, a move that will position the nation as a global powerhouse for production of such equipment ahead of 5G roll-outs.

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  Airtel Chairman Sunil Mittal: AGR issue an unprecedented crisis for telecom sector

  Business | February 20, 2020 19:30 IST

  Bharti Airtel Chairman Sunil Mittal on Thursday met Telecom Minister as AGR issue looms large on his company. After his meeting, Mittal described AGR crisis as "unprecedented" for Indian Telecom industry. Airtel has until March 17 to pay Rs 35,600 crore to the government as part of (Adjusted Gross Revenue) payment.

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  Relief to telcos not sufficient to offset unpaid dues: Fitch

  Business | November 22, 2019 12:45 IST

  The divergence between Bharti's and Vodafone Idea's financial performance continued in 2QFY20, while Jio continued to report strong revenue and EBITDA growth. During 2QFY20, Bharti reported a 1 per cent rise in revenue and 3 per cent growth in like-for-like EBITDA quarter-on-quarter (q-o-q).

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  Government to sell BPCL in big disinvestment push: 10 takeaways

  Business | November 21, 2019 10:37 IST

  Addressing the media after the Cabinet meeting, Finance Minister Nirmala Sitharaman said that while the Centre will strategically disinvest Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI) and Container Corporation of India (CONCOR), it will sell its entire stake in THDC India Ltd and North Eastern Electric Power Corporation (NEEPCO) to another state-run power major, NTPC.

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  Government announces big relief to telcos: Here's what we know so far

  Business | November 21, 2019 8:13 IST

  Indian telecom operators owe the government nearly Rs 1.47 lakh crore in license fee (LF) and spectrum usage charges (SUC), the communications ministry told Parliament Wednesday. According to sources, the move to defer payments for 2020-21 and 2021-22 will give Rs 42,000 crore relief to Bharti Airtel, Vodafone Idea and Reliance Jio. 

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  Vodafone Idea, Airtel shares jump up to 8.5 pc

  Business | October 30, 2019 11:56 IST

  As the telecom sector stares at a massive payout following a Supreme Court order, the government has created a Committee of Secretaries to work out a financial bailout package that may include lowering of spectrum charges as well as ending the era of free mobile phone calls and dirt cheap data.

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  $100 bn investment in telecom to add $1.2 tn to India's GDP: Report

  Business | December 06, 2018 21:17 IST

  The joint report by Indian Council for Research on International Economic Relations and Broadband India Forum also said that a 10 per cent hike in investment in the country's telecom sector may lead to an increase of 3.3 per cent in the country's GDP on an average.

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  Jio’s free phone to hit sector, erode revenues: Vodafone to DoT

  August 16, 2017 10:26 IST

  Vodafone said there is continuous decline in its revenue from telecom services and it has recorded further decline of 3.41 per cent in the quarter ended June 2017

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  New telecom policy will be application driven: Manoj Sinha

  July 12, 2017 17:32 IST

  Communications Minister Manoj Sinha today said that the government is working on a new telecom policy which will be application driven as compared to National Telecom Policy, 2012, which was connectivity driven.

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  Government expects telecom sector's health picture to be clear in 3 months

  June 19, 2017 19:51 IST

  Telecom companies Bharti Airtel, Vodafone India, Idea cellular, Reliance Jio, Reliance Communications, Tata Teleservices, Telenor, BSNL and MTNL have all met the IMG and discussed the state of the sector.

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  Telecom sector woes do not pose systemic threat to banks: Fitch

  June 06, 2017 12:40 IST

  Anil Ambani-led Reliance Communications is struggling to repay Rs 45,000 crore of debt to its lenders.

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  Telecom sector records 6.5 pc revenue growth, slowest since 2010

  May 31, 2016 12:04 IST

  New Delhi: Telecom industry’s revenue grew 6.5 percent last year, the lowest since 2010, despite the sector witnessing a further addition of 79 million active subscribers during the period, says GSM industry body COAI. ”If

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  Telecom industry witnessed decline in employment rate over last four years: Report

  May 02, 2016 12:09 IST

  New Delhi: Notwithstanding the Indian economy’s steady growth, sectors such as telecom, engineering and electronics have witnessed a decline in employment rate over the last four years, says a report. ”The economic growth witnessed at

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  Order on framing of charges in 2G money laundering Oct 31

  India | October 20, 2014 11:41 IST

  New Delhi: A special court on the 2G spectrum case Monday said it will deliver Oct 31 its order on the framing of charges over alleged laundering of money against former telecom minister A. Raja,

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  FDI in telecom sector jumps manifold to $2.33 billion in April-July

  October 02, 2014 19:53 IST

  New Delhi: After registering a huge decline in the recent past, foreign direct investment in the telecom sector grew manifold to $2.33 billion in the first four months of 2014-15.During the entire 2013-14 fiscal, the

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  To shore up falling rupee, India opens gates a lot wider for foreign investment

  July 17, 2013 8:45 IST

  New Delhi, July 17: In a clear signal to global investors that economic reforms will be fast-tracked and norms for inflow of overseas capital eased further, India Tuesday decided to hike the foreign direct investment