In 2021, the government allowed telcos to convert interest on deferred spectrum payments and AGR dues into equity. This made it the single largest stakeholder in Vodafone Idea.
The board of directors of Vodafone Idea have accepted Birla's request & Himanshu Kapania, a telecom industry veteran, has been appointed as the non-executive chairman.
According to official data, VIL had an adjusted gross revenue 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.
Acquisitive conglomerates such Birla's are now pivoting toward creating regional strongholds that can avoid getting tripped up in an increasingly divided world.
Months after it put on hold some of its expansion programmes on account of the pandemic, Aditya Birla Group unveils investment plans as it bets on India's economy to bounce back.
Kumar Mangalam Birla’s Hindalco will kick off long-term downstream investment plan by setting up 34,000-ton aluminum extrusion project. Production is expected to start in 2 years.
By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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