Mumbai (Maharashtra) [India], Nov 2 (ANI): India Ratings and Research (Ind-Ra) and Crisil have downgraded telecom major Vodafone Idea's long-term issuer ratings on non-convertible debentures (NCDs) worth Rs 3,500 crore.
Mumbai (Maharashtra) [India], Nov 1 (ANI): Private sector lender Yes Bank on Friday reported a whopping loss of Rs 600 crore in the second quarter of current fiscal year (Q2 FY20) due to a one-off deferred tax asset (DTA) adjustment of Rs 709 crore on account of change in corporate tax ra
New Delhi [India], Oct 31 (ANI): The bruising battle in Indian telecom sector reached high echelons of government on Thursday with Reliance Jio Infocomm Ltd (RJIL) rubbishing Cellular Operators Association of India (COAI) which has claimed an unprecedented crisis after the recent Supreme Cou
New Delhi [India], Oct 31 (ANI): Care Ratings has downgraded its rating on long-term bank facilities and non-convertible debentures of Vodafone Idea as Fitch placed Bharti Airtel's BBB long-term foreign currency issuer default rating (IDR) on rating watch negative (RWN).
New Delhi [India], Oct 30 (ANI): Reliance Jio Infocomm Ltd (RJIL) on Wednesday lashed out at the Cellular Operators Association of India (COAI) for writing to Union Telecom Minister Ravi Shankar Prasad alleging unprecedented crisis in the sector without waiting for its divergent views.
New Delhi [India], Oct 29 (ANI): The government is constituting a high-level panel under the Cabinet Secretary to suggest measures for mitigating financial stress in the telecom sector, sources said on Tuesday.
Mumbai (Maharashtra) [India], Oct 29 (ANI): Telecom major Bharti Airtel on Tuesday deferred its second quarter (July to September) result till November 14 as it seeks clarity on the adjusted gross revenue (AGR) matter arising out of a recent judgement by the Supreme Court.
Mumbai (Maharashtra) [India], Oct 26 (ANI): India's largest private sector lender ICICI Bank said on Saturday its profit after tax dropped by 28 per cent to Rs 655 crore in the second quarter of current fiscal (Q2 FY20) due to deferred tax assets adjustment.
New Delhi [India], Oct 25 (ANI): Hours after expending his support to BJP, Independent MLA Nayanpal Rawat on Friday expressed his desire to be "adjusted" in the new government in Harayana.
New Delhi [India], Oct 24 (ANI): The telecom sector on Thursday expressed deep disappointment over the Supreme Court's judgment on the definition of adjusted gross revenue (AGR) which it said will negatively impact incumbent operators by over Rs 92,000 crore.
New Delhi (India), Oct 24 (ANI): In a major setback to telecom companies, the Supreme Court on Thursday rejected their appeal against Centre's definition of Adjusted Gross Revenue (AGR).
Nyon [Switzerland], Sept 25 (ANI): The four leagues for the 2020-21 Union of European Football Associations (UEFA) Nations League have been confirmed following an adjustment to the competition format on Wednesday.