In this section, we recapitulate all the action from the world of business, finance and economic policymaking
Vodafone-Idea Managing Director and CEO Ravinder Takker will update its business plans as and when the actual guidelines come from the government, he informs.
According to the ratings agency, data consumption would continue to grow with increased transition to remote working and online transactions - this would help telcos' strengthen their earnings and cash flow
He urged the industry to work together in areas such as infrastructure but said he was strictly opposed to any cartelisation
The surge comes a day after the Union Government announced a slew of reforms for telecommunication sector including a four-year moratorium on payment of dues and allowing 100 percent FDI in the sector
In big bang reforms, the Union Cabinet on Wednesday approved a relief package for the telecom sector that includes a four-year moratorium on payment of statutory dues by telecom companies as well as allowing 100 per cent foreign investment through the automatic route.
The move is aimed at instilling investor confidence in the beleaguered company; Kumar Mangalam Birla had offered his stake in the Vodafone-Idea combine to the Government last month
According to PTI, the Union Cabinet is considering a relief package in the form a moratorium on payment on spectrum dues alongside revision of ADRs, spectrum charges and on unpaid dues
From bankruptcy to selling off of stakes to the government, rumours are abuzz about Vi. We tell the facts from the fake.
A bone of contention since it was passed in 2012, the retro tax has spooked investors for years.
The bill provides for the withdrawal of tax demand made on "indirect transfer of Indian assets if the transaction was undertaken before May 28, 2012 (i.e. the day the retrospective tax legislation came into being)."
As Kumar Mangalam Birla steps down making way for Himanshu Kapania to take over as non-executive chairman of Vodafone-Idea, it is time to analyse what was the real meaning of his letter to the government.
The stock plunged 10.30 per cent to close at Rs 7.40 on the BSE. During the day, it tumbled 13.09 per cent to Rs 7.17 -- its 52-week low.
KM Birla, who holds around 27 per cent stake in VIL, said investors are not willing to invest in the company in the absence of clarity on AGR liability among other issues
This is the second loss the government has suffered in recent months over the retrospective levy of taxes.
The issue is being watched closely after a fresh disappointment for the income tax (I-T) department in the Cairn case.
Cairn Energy was slapped with a tax demand of Rs 10,247 crore in March 2015 over alleged capital gains
The decline in subscriber base during April was preceded by a loss of 28 lakh connections in March, which saw the lockdown being imposed towards the end, India Ratings and Research said.
A man carries a girl across the Rio Grande river as migrants, many from Haiti, leave Del Rio, Texas to return to Ciudad Acuna, Mexico, some to avoid possible deportation from the U.S. and others to get supplies.AP Photo/Fernando Llano
People wearing protective masks are seen on a train that is traveling through Shinjuku district in Tokyo.AP Photo/Kiichiro Sato
Framed through a cave opening at Ita Pyta Punta or Cape Red Rock, empty boats sit moored on the banks of the Paraguay River, in Asuncion, Paraguay amid a prolonged drought, resulting in low water levels.AP Photo/Jorge Saenz
White flags that are part of artist Suzanne Brennan Firstenberg's "In America: Remember," a temporary art installation to commemorate Americans who have died of COVID-19, stand on the National Mall in Washington.AP Photo/Patrick Semansky
Pope Francis gives the thumbs up as he leaves after his weekly general audience in the Paul VI Hall at the Vatican.AP Photo/Alessandra Tarantino
India is poised to become a global education hub with the government introducing major policy changes
Outlook's annual ranking of India’s top 50 State Private Universities in 2021 will help students make an informed choice.
Jain to Patidar. Was caste a decisive factor in the BJP’s choice for CM during the recent change of guard in Gujarat?
Virat Kohli will step down as T20 captain of India and RCB but that will not take away the fact that he remains a unique leader
With all foreign soldiers out of Afghanistan, the Taliban is now in a position to do pretty much what it wants.
It can be a crucial stepping stone to develop young minds to appreciate the importance of practising honesty throughout their academic journey and lay the foundations for successful professional careers.
One can be pro-religion, but against coerced religion; one can be pro-vaccines, but against coercion and mandates