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Govt defers decision on Vodafone stake sale by Singh, Ghosh17-NOV-09
Based on the recommendation of the Foreign Investment Promotion Board (FIPB), the government has deferred a decision the proposals of Analjit Singh and Asim Ghosh to part-sell their minority stakes in Vodafone Essar.
AT&T, Intel join telcos in pre-bid meet for 3G spectrum auction17-NOV-09
US telecom major AT&T and the world’s largest chip maker, Intel, were among the foreign players that showed interest today in the pre-bid conference for third generation (3G) spectrum, which kick-started the process for the 3G auction in the country.
Vodafone asks I-T dept for more time to defend tax claim17-NOV-09
“We are working with the tax office to obtain an extension to file a response to the show-cause notice,” Vodafone said in a statement. A spokesperson declined to comment on how much time was needed.
Essar takes 51% stake in Uganda, Congo telcos16-NOV-09
The Ruias’ Essar Group is to acquire a 51 per cent stake in the telecom operations of the Dhabi Group, an investment company led by Abu Dhabi’s royal family, in Uganda and Congo for around $150 million (Rs 692 crore).
PM to take up BSNL's falling revenue14-NOV-09
Concerned over BSNL’s falling revenues, Prime Minister Manmohan Singh is likely to meet the brass of the telecom PSU and Communications and IT Minister A Raja to look into causes and find ways to improve performance.A senior BSNL official said the Department of Telecommunications (DoT) has asked BSNL to be prepared for such a meeting with the prime minister.
SC notice to Trai, RCom, Tata Tele, Vodafone others09-NOV-09
The Supreme Court has issued notice to 11 parties, including Trai, Reliance Communications, Tata Teleservices, Vodafone Essar, on a petition by state-run BSNL challenging removal of Access Deficit Charge (ADC), a levy paid by private telecom operators for funding the PSU's operations in rural and remote areas.
We did not start the tariff war: Airtel09-NOV-09
Bharti Airtel chairman Sunil Mittal today said the company had not initiated any tariff war with the launch of per-second billing and was merely responding to the market needs.
Vodafone tax saga (re)surfaces09-NOV-09
Early last week, the Mumbai revenue department issued show cause notices to Vodafone, proposing to tax offshore transaction, as a result of which Vodafone acquired a controlling interest in GSM licences from Hutch.
Thank God for telecom02-NOV-09
There is an old joke in advertising. Agencies bully small clients into buying great work, while large clients bully good agencies into producing crap.
I-T Dept slaps notice on Vodafone31-OCT-09
In the 531-page notice sent under Section 201(1) and 201(1A) of the IT Act, 1961, it asked Vodafone to explain why it should not be held that “the tax department has competent jurisdiction to proceed against it for the default of non-deduction of tax at source” in the transaction.
I-T dept issues notice to Vodafone on tax default30-OCT-09
The fresh notice comes after the Supreme Court dismissed the company's application questioning the tax department's jurisdiction over a Dutch company.
Airtel's marathon brand building29-OCT-09
Ever since they were introduced in India in 2004, marathons have become something of an annual event on the social calendar, not least because they provide a huge networking opportunity for anyone who is reasonably fit – from common or garden executives to page three and corporate celebs.
RCom debunks special audit reports, expects no liability26-OCT-09
The adverse findings of the special audit report done on Reliance Communications (RCom) and its subsidiaries are clearly wrong and will not result in any additional financial liability, says the Anil Dhirubhai Ambani group company.
Vodafone ties up with Jayam Movies20-OCT-09
Cellular services provider Vodafone has entered into an exclusive tie-up with Telugu film production house Jayam Movies to host a talent hunt.
Dishnet most congested mobile network in June17-OCT-09
Dishnet Wireless Ltd, part of Aircel group that offers GSM mobile services in northern and eastern states, was the most congested mobile network in April-June this year, Trai said today.
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