Union Bank of India is the largest creditor, with MTNL owing it over Rs 3,633 crore, followed by Indian Overseas Bank (Rs 2,374 crore) and Bank of India (Rs 1,077 crore)
The change in the shareholding pattern in Vodafone Idea Limited (VIL), with the Central government becoming the largest shareholder with 35.8% equity, may have come as a rescuing act for the ailing telecom company but sends confusing signals. There are unanswered questions regarding the future role of the government in the company. One wonders what […]
A two-judge bench headed by Justice Vipin Sanghi and also presided by Justice Rekha Palli also clarified that non-compliance of the order would result in initiation of contempt proceedings against them.
DoT said that the process for spectrum allocation for 4G services to BSNL on pan-India basis, including Delhi and Mumbai, has been initiated and funds have been provisioned in FY2020-21