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From good times, India's airlines flew into hard times last year, with cut-throat competition ensuring cheap tickets but also pushing some companies in the red. Here is what 2020 might hold for them
Jio is adding 8-9 million customers every month, so hitting the magic number could take 16-18 months
UVARCL's biggest bid so far, for Anil Ambani's firms, awaits CoC clearance
The CEO initially did not want to disclose to the board the name of the investor who had given binding offers, Uttam Prakash Agarwal's letter alleged
The other bidders include Bharti Airtel, Värde Partners and UV Asset Reconstruction Company (UVARCL)
The issue opened Wednesday and has already been oversubscribed and according to banking sources the allocation of the shares will be made next week
As the decade ends, the bloodbath in the market has forced consolidation and closures
Incumbent operators fought a public battle against Reliance Jio for the extension of the regime
The merger with Dish TV provides Airtel substantial access to new homes.
Focus on postpaid, 2G network, and vibrant enterprise business make Airtel attractive
The report will be presented to the committee of creditors (CoC) on Friday to take a final call on the potential best offers
Looking back to a time when the biggest telcos and funds from across the world queued up with top dollars, many in the Indian telecom business rose up the rich list, and how
11 offers submitted for RCom, Reliance Telecom and Reliance Infratel
Incumbent telcos Bharti Airtel and Vodafone Idea have said they would go for a review petition of the SC order, but they have limited time to move court
The PE fund's exposure is primarily focused on infra projects (where it invested $10 billion) and real estate (around $4 billion)
In anticipation of the tariff hike, Reliance Industries' market cap crossed the Rs 9.5-trillion mark on Tuesday
Read has retracted his criticism, but he was pointing out the obvious - the current pricing regime is unsustainable
The relief package may include a cut in licence fee, a two-year moratorium on payment
What adds to Nick Read's worries is the Supreme Court judgment, which has directed the telcos to pay their outstanding amount within three months
It is believed that apart from Bharti Airtel and Bharti Infratel, there are four players that have made a bid