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Latest Articles in Kumar Mangalam Birla

Gati Shakti To Mark Paradigm Shift In Governance: KM Birla

Tractors and Farm Equipment Ltd CMD Mallika Srinivasan said Gati Shakti propels India into the next phase of robust growth and it promises to be a game-changer.

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Retrospective Tax Law Amendment A Visionary Step

The government’s decision to discard retrospective taxation came as a breather for Vodafone.

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Telecom Relief Package May Provide 4-Year Moratorium On AGR

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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Bharti Airtel To Raise Rs 21,000-Cr Via Rights Issue; Board Approves Rs 535 A Piece

The terms of payment of issue price, envisage 25 per cent on application and balance in two more additional calls as may be decided by the board or its committee based on the company’s requirements within an overall time-horizon of 36 months

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Hindalco Continues To See Strong Demand Across All Business Segments

In FY'21, the company delivered an outstanding financial and operational performance bolstered by operational efficiencies, a robust risk management framework and a sustainable business model.

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VIL Loses 42.8 Lakh Mobile Users In June; Airtel, Jio Add Subscribers

Vodafone Idea lost about 42.8 lakh subscribers during June, as its user base shrunk to 27.3 crore, compounding the woes of the debt-laden telco which is struggling to stay afloat.

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COAI Seeks Cut In Levies, Other Relief Measures; Says Telecom Among Most Heavily Taxed Sectors

The Cellular Operators' Association of India (COAI) has written to Telecom Secretary Anshu Prakash, amid an existential struggle of mobile operator Vodafone Idea in a three-private player market.

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Indian Economy Rapidly Normalising Towards Pre-Pandemic Levels: Kumar Mangalam Birla

Moreover, various steps taken by the RBI and the government have helped in containing the economic disruptions of the pandemic, Birla added.

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'Lot Of Officials' Talking On Vodafone Idea Stress, Nothing Has Come To Me: FM

She did not mention whether the talks were between government officials or the lenders were talking to Vodafone Idea.

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Hope Govt Offers Support To Sector Amid Duress; Even Interim Floor Price Can Help: VIL CEO

The company's plea is that the telecom department should be allowed to fix the arithmetic errors that have crept in.

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Airtel, Jio Conclude Spectrum Trading Agreement

Jio's pact with Airtel to buy the spectrum in 800 MHz band was announced in April this year and marked the first such deal between the two telecom giants.

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AGR Woes: VIL Files Review Petition In SC; Says Struggling To Survive

Other fallouts include loss of investment in the business and an impact on livelihoods of employees, as well as distributors, retailers, and store staff.

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VIL's Position May Be Tough Even Post Relief Measures; Needs Meaningful Capital Infusion: Report

Credit Suisse added that it has also looked at the various relief measures being reportedly discussed along with the Rs 25,000-crore fundraising, and price hike to evaluate financial stress of VIL.

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Industry Needs Long Overdue Support To Maintain Current 3+1 Structure: Sunil Bharti Mittal

The telecom czar was alluding to the current telecom industry construct that has three private players and one state-owned operator.

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Conversion Of Vodafone Debt Into Equity An Option: Banks To DoT

The top court has given a time period of 10 years to telecom service providers struggling to pay Rs 93,520 crore of AGR-related dues to clear their outstanding amount to the government.

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