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Government assures BSNL management and AUAB to support their reasonable demands

Government assures BSNL management and AUAB to support their reasonable demands

With reference to the call by All India Unions and Associations of Bharat Sanchar Nigam Limited (AUAB) for a 3-days strike starting tomorrow, the Government (Department of Telecommunications) and BSNL… Read more »

Bharti Airtel Q2 net profit up 22% to Rs. 119 crore

Bharti Airtel Q2 net profit up 22% to Rs. 119 crore

Bharti Airtel reported a net profit of Rs 1.19 billion in the July-September 2018 quarter, up from Rs 970 million recorded in preceding quarter, aided by a one-time deferred tax… Read more »

Reliance Jio to buy out RCom’s wireless assets

Reliance Jio to buy out RCom’s wireless assets

Mukesh Ambani-led Reliance Jio announced it will buy the wireless infrastructure assets that include towers, optic fibre cable network, spectrum, and media convergence nodes (MCNs)* of Reliance Communications (RCom) and… Read more »

RCom plan to reduce its debt to Rs 6000 Crore

RCom plan to reduce its debt to Rs 6000 Crore

Reliance Communications announces debt recast plan to reduce its Rs45,000 crore debt significantly to less than Rs6000 crore by monetization of its wireless business and real estate assets. Post recast… Read more »

2G Scam: CBI court acquits A Raja, Kanimozhi and all other accused

2G Scam: CBI court acquits A Raja, Kanimozhi and all other accused

Former telecom minister A Raja and DMK MP Kanimozhi were today acquitted by a special court in the 2G spectrum scam case. Fifteen other accused in the case and three… Read more »

RCom shares up nearly 35%

RCom shares up nearly 35%

The stock price of Reliance Communications (RCom) shot up by over 35% on Wednesday, possibly triggered by a joint lenders’ forum meeting scheduled for Thursday. The forum is expected to… Read more »

UIDAI suspends Aadhaar based eKYC licence of Airtel

UIDAI suspends Aadhaar based eKYC licence of Airtel

UIDAI suspends Aadhaar based eKYC licence of Airtel. In its strongest action yet, the UIDAI on 16th December has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based… Read more »

Government to bear MDR charges on debit card/BHIM UPI/AePS transactions up to Rs. 2000

Government to bear MDR charges on debit card/BHIM UPI/AePS transactions up to Rs. 2000

Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved that the Merchant Discount Rate (MDR) applicable on all debit card/BHIM UPI/ Aadhaar enabled Payment System (AePS) transactions upto… Read more »

Bharti Airtel launches VoLTE services in Karnataka

Bharti Airtel launches VoLTE services in Karnataka

Bharti Airtel (Airtel), on Thursday announced that it has expanded its VoLTE (Voice over LTE) footprint to Karnataka. Airtel VoLTE, which works over 4G, will enable customers across the two… Read more »

HFCL wins order from BSNL

HFCL wins order from BSNL

Himachal Futuristic Communications Ltd ( HFCL) wins an order worth around Rs1248 crore from Bharat Sanchar Nigam, New Delhi for defence communication network. The scope of the work includes installation… Read more »

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