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  • Supreme Court Aircel verdict to impact IBC recoveries for creditors in telecom, mining and infra companies

    The court ruled that natural assets like telecom spectrum cannot be treated as transferable private assets under IBC.

  • SC turns down Airtel plea for clarification in order asking it to pay Rs 112 crore to Aircel

    As a consequence of SC's decision not to entertain the plea, Airtel chose to withdraw its application.

  • SC directs Airtel to pay over Rs 100 crore to now defunct Aircel over past dues

    On Aircel being admitted to insolvency, Airtel owes it Rs 453 crore towards STA and other dues. The Resolution Professional (RP) of Aircel called upon Airtel to make the payment in 2019. However, Airtel paid only Rs 341 crore and retained Rs 112 crore.

  • Delhi court allows Karti Chidambaram to travel to France, UK

    A Delhi court has allowed Congress leader Karti Chidambaram, an accused in the alleged Aircel-Maxis and INX Media scams, to travel to France and the UK from September 15 to 27.

  • Aircel lenders may approach Supreme Court after NCLAT bars spectrum sale: Report

  • Aircel might seek NCLT permission to sell non-spectrum assets: Report

  • DoT to oppose Aircel, RCom spectrum sale unless AGR dues paid: Report

  • RBI rejects resolution plan to sell Aircel's assets to UVARC: Report

  • NCLAT directs Bharti Airtel, Bharti Hexacom to pay Rs 112 crore to Aircel

  • NCLT approves Aircel resolution plan even as ARC offers only 1.5% of Rs 20,000 crore bank dues: Report

  • Aircel-Maxis: Delhi court grants time till May 4 to CBI, ED to complete probe

  • Aircel-Maxis case: Protection from arrest to Chidambaram, Karti extended till March 8

  • Aircel wants more time for fresh bids,citing 127days lost in SC

  • Aircel-Maxis case: Protection from arrest to P Chidambaram extended till February 1

  • Madras HC stays I-T demand notices on Aircel, Dishnet Wireless

  • Telecom sector may shed over 60,000 jobs: Report

  • Court extends interim protection from arrest granted to Chidambaram, son in Aircel-Maxis case

  • Airtel, Sterlite Tech, two investment firms in race to buy Aircel assets

  • Airtel crosses 50 lakh customers mark in J&K

  • Aircel, 2 other companies come under SFIO lens

  • SFIO begins probe into Aircel on suspicion of siphoning funds

  • Serving, retired top officials of IDBI Bank booked by CBI in Rs 600-crore loan fraud

  • Trai directs Aircel to refund unspent balance to subscribers

  • Parent company comes to the rescue of bankrupt telco Aircel

  • Maxis provides Rs 95 cr to Aircel for employee salaries, expenses

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