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Latest Articles in Kumar Mangalam Birla
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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Vodafone Idea Shares Bounce Back; Jump Over 19 %
The Supreme Court, last month, had rejected petitions by telecom companies, including Vodafone Idea and Bharti Airtel, for rectification of alleged errors in the calculation of adjusted gross revenue (AGR)-related dues, payable by them.
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Vodafone Idea Shares Recover Most Of Early Losses At Close Of Trade
On the NSE, after cracking 24.16 per cent to its 52-week low of Rs 4.55 during the day, the stock later closed at Rs 5.95, a decline of 0.83 per cent.
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India Needs 3 Private Players In Telecom; Hope Govt Offers Support To Industry: Airtel CEO
Responding to an analyst query on how Airtel perceives industry structure to be in next 1-2 years, and whether the Sunil Mittal-led telco is prepared for a two-player market, if the situation arose, Vittal said the Indian market can easily accommodate three private players.
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Kumar Mangalam Birla Steps Down As Non-Executive Chairman Of Vodafone Idea
Kapania is a telecom industry veteran with 25 years of experience, including significant board experience in telecom companies globally.
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Vodafone Idea Shares Fall Over 10 %; At 52-Week Low
VIL had an adjusted gross revenue (AGR) liability of Rs 58,254 crore out of which the company has paid Rs 7,854.37 crore and Rs 50,399.63 crore is outstanding.
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Fixing Floor Prices Critical Amid Financial Stress In Telecom: COAI
The association -- whose members include Bharti Airtel, Reliance Jio and Vodafone Idea -- said floor prices need to be fixed for data only for an interim period, say two years, and that voice calls and tariffs can be excluded from this.
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Fixing Floor Prices Critical Amid Financial Stress In Telecom: COAI
Despite the financial constraints faced by them during the pandemic, the telecom service providers continued to plough in significant investments and provide seamless network connectivity to Indians
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K M Birla Offers To Hand Over Vodafone Idea Stake To Govt
The billionaire businessman made the offer in June in a letter to Cabinet Secretary Rajiv Gauba.
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Second Wave May Lead To Some Reassessment Of Economic Growth Estimates: Kumar Mangalam Birla
The Indian economy was "firmly on the path of recovery" in the second half of FY21, and then was hit by a rather unexpectedly virulent second wave of COVID-19.
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Steady As A Rock
Hindalco’s acquisition of Aleris Corporation in April 2020, through its subsidiary Novelis Inc., cemented the company’s position as the world’s largest flat-rolled products player and recycler of aluminium.
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