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  • Aircel launches new recharge plans Rs 23 and Rs 348 Dec 21, 2016 07:10 PM IST

    Aircel launches new recharge plans Rs 23 and Rs 348

    For recharge of Rs 23, customers will get unlimited local and STD calling across any networks with a validity of one day, Aircel said in a statement.

  • Fitch downgrades RComm credit rating to 'B+' Dec 20, 2016 08:42 PM IST

    Fitch downgrades RComm credit rating to 'B+'

    Fitch Ratings today said it has downgraded credit rating of Reliance Communications as it feels that ongoing joint venture plan of the company with Aircel and proposal to sell stake in its mobile tower arm will be negative for creditors.

  • Aircel offers unlimited free calling to match larger rivals Dec 14, 2016 09:12 PM IST

    Aircel offers unlimited free calling to match larger rivals

    Under the two new plans -- RC14 and RC249 -- announced today, Aircel will offer its customers unlimited local and STD calling across all networks with a validity of one day and 28 days, respectively, Aircel said in a statement.

  • Post offices exchanged notes worth Rs 3,680 crore till Dec 7 Dec 14, 2016 07:18 PM IST

    Post offices exchanged notes worth Rs 3,680 crore till Dec 7

    Post offices have exchanged currency worth Rs 3,680.99 crore till December 7, after the government scrapped old Rs 500 and Rs 1,000 notes last month, Parliament was informed today.

  • Four cases registered with CCI against telcos: Govt Dec 09, 2016 03:36 PM IST

    Four cases registered with CCI against telcos: Govt

    Among others, the complaints about unfair competitive practices and abuse of dominance have also been filed against regulator TRAI, DoT, industry body COAI, as also against operators Bharti Airtel, Idea, Vodafone India, Aircel, Videocon Telecommunications, Telenor and BSNL.

  • Aircel launches 3-month on-net unlimited calls for Rs 148 Dec 05, 2016 07:22 PM IST

    Aircel launches 3-month on-net unlimited calls for Rs 148

    Telecom operator Aircel today launched a scheme offering three-month unlimited on-net calls bundled with limited free data usage and calls to other networks for Rs 148.

  • Here is why SP Tulsian is bullish on sugar stocks Nov 22, 2016 08:29 PM IST

    Here is why SP Tulsian is bullish on sugar stocks

    SP Tulsian of sptulsian.com, explains why he remains to be bullish on UP based sugar stocks. He also shares his thoughts on IRB Infra and why it may be a good idea for long-term investors. He also keeps a positive stance on NBFC stocks.

  • Auctioned spectrum assigned to successful bidders: JS Deepak Nov 22, 2016 04:02 PM IST

    Auctioned spectrum assigned to successful bidders: JS Deepak

    "The spectrum which was sold in the recent auction, was harmonised and assigned to successful bidders on November 9-10, much before the one month timeline committed by us," Telecom Secretary JS Deepak told PTI.

  • Reliance Global launches international calling app Nov 18, 2016 03:10 PM IST

    Reliance Global launches international calling app

    RGC India', a subsidiary of Reliance Communications, also announced an introductory offer under which customers can avail talk time worth Rs 200 on sign-up with Rs 100. Customers will get calling rates starting at Rs 1.4 per minute.

  • COAI urges Parl panel to hear out members' views on call drops Nov 07, 2016 04:14 PM IST

    COAI urges Parl panel to hear out members' views on call drops

    Cellular Operators Association of India (COAI) said that many of the issues fall within the ambit of bilateral commercial agreement and are best explained by individual licencees.

  • Telcos pay over Rs 32,400 cr to govt for spectrum purchase Oct 21, 2016 08:30 AM IST

    Telcos pay over Rs 32,400 cr to govt for spectrum purchase

    The Department of Telecom had set the deadline of October 20 for depositing the upfront payments for spectrum bought by operators in the auction that ended on October 6.

  • Spectrum pay, network capex to keep telcos' cash flow negative Oct 19, 2016 07:44 AM IST

    Spectrum pay, network capex to keep telcos' cash flow negative

    "Ind-Ra expects debt burden to rise for the top telcos, with the increase in spectrum and non-spectrum debt capex. In addition to the upfront spectrum payouts in financial year 2017, network capex needs to be ramped up, which will keep free cash flow (FCF) negative," India Ratings and Research (Ind-Ra) said in a report.

  • Airtel, Voda, Idea, others denying inter-connect: Ringo Oct 13, 2016 06:26 PM IST

    Airtel, Voda, Idea, others denying inter-connect: Ringo

    Telecom operators except BSNL are not providing us inter-connection," Ringo co-founder and CEO Bhavin Turakhia told reporters here.

  • Govt issues demand notes to 7 telcos for spectrum purchase Oct 11, 2016 11:00 AM IST

    Govt issues demand notes to 7 telcos for spectrum purchase

    In the five-day spectrum auction that concluded last week, seven telecom companies made commitments of Rs 65,789 crore for buying 964.80 MHz of spectrum in various frequency bands.

  • Day 4: Spectrum auction gets bids worth Rs 63,000 cr so far Oct 05, 2016 02:38 PM IST

    Day 4: Spectrum auction gets bids worth Rs 63,000 cr so far

    "Bids worth about Rs 63,000 crore have been received till the end of 19th round for 950 Mhz spectrum out of total 2,354.55 Mhz put for auction," an official source told PTI.

  • September quarter sees robust M&As, PE deals dry up: Report Oct 05, 2016 01:54 PM IST

    September quarter sees robust M&As, PE deals dry up: Report

    According to News Corp VCCEdge, the September quarter witnessed 232 M&A deals worth USD 24,673 million, an increase of 242 percent as compared to USD 7,206 million in the year ago period.

  • Spectrum auction enters 15th round, no takers for 700 Mhz Oct 04, 2016 04:00 PM IST

    Spectrum auction enters 15th round, no takers for 700 Mhz

    According to industry sources, the bidding activity has touched the 100 percent level, a development that is being interpreted by certain sections of the industry as being indicative of the last phase.

  • Spectrum auction: No action yet in 700/900 MHz bands on Day 2 Oct 03, 2016 06:04 PM IST

    Spectrum auction: No action yet in 700/900 MHz bands on Day 2

    The first day, October 1, attracted bids worth Rs 53,531 crore in 5 mobile frequency bands on auction.

  • Sawhny steps down as RCom CEO; Barney, Singh acting Co-CEOs Oct 01, 2016 06:34 PM IST

    Sawhny steps down as RCom CEO; Barney, Singh acting Co-CEOs

    Reliance Communications today said its CEO Vinod Sawhny has stepped down, and William Barney and Gurdeep Singh will take over as acting Co-CEOs with immediate effect.

  • Spectrum auction enters 3rd round; max action in 1800 Mhz band Oct 01, 2016 03:52 PM IST

    Spectrum auction enters 3rd round; max action in 1800 Mhz band

    There is no activity yet in the premium 700 Mhz band, according to industry sources. Maximum activity is taking place in 1800 MHz band, especially for the Mumbai circle, they said, adding that 10 bids have been received in the 2100 MHz band for all the 10 slots on the offer.

  • Will try to trim RCom debt by 75% in 12 mths: Anil Ambani Sep 27, 2016 04:58 PM IST

    Will try to trim RCom debt by 75% in 12 mths: Anil Ambani

    Grappling with mountain of debt, Reliance Communications today said it is planning to pare the Rs 42,650-crore burden by up to 75 per cent over the next one year.

  • 2G court holds it has jurisdiction to try Aircel-Maxis matter Sep 18, 2016 12:56 PM IST

    2G court holds it has jurisdiction to try Aircel-Maxis matter

    The Aircel-Maxis deal "fairly and squarely falls within the description of 2G scam", a special court today said while holding that it has the jurisdiction to try the matter against ex-Telecom minister Dayanidhi Maran, his brother Kalanithi and others.

  • Rel Comm, Aircel to merge to create India's third-largest telco Sep 14, 2016 07:15 PM IST

    Rel Comm, Aircel to merge to create India's third-largest telco

    RCom and Maxis Communications Berhad (MCB) hold 50 per cent each in the merged entity with equal representation on the board and committees.

  • Reliance Communications-Aircel merger deal sealed: Sources Sep 14, 2016 06:16 PM IST

    Reliance Communications-Aircel merger deal sealed: Sources

    The much-anticipated merger deal between Reliance Communications and Aircel has been inked, sources have told CNBC-TV18, and an announcement is expected shortly.

  • RCom-Aircel merger likely to conclude next week: Sources Sep 09, 2016 12:31 PM IST

    RCom-Aircel merger likely to conclude next week: Sources

    The merger between Reliance Communications and Aircel is likely to conclude next week, reports CNBC-TV18‘s Kritika Saxena. According to people privy to the development, the term-sheet for the merger is ready and the deal will take about 5-6 months to complete.

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