Sunday, 22 May, 2022
TopicVodafone Idea

Topic: Vodafone Idea

Vodafone Idea will shut shop if there’s no govt relief, says Kumar Manglam Birla

Vodafone Idea had sought relief from the government after it posted the worst quarterly loss in India’s corporate history.

Jio, Airtel, Vodafone hike rates: Indians being punished by policies made after 2G scam?

India’s debt-ridden telecom players Vodafone-Idea and Bharti Airtel, along with Reliance Jio Sunday announced tariff hikes of 14-67 per cent.

Kumar Mangalam Birla has lost Rs 22,000 crore since Vodafone Idea began sinking

Kumar Mangalam Birla is the latest to burn his fingers in telecom market since Jio entered the fray in 2016 and drove two rivals to bankruptcy.

How deferring spectrum fees will help ailing Vodafone Idea, Airtel

The relief on fees comes after Vodafone Idea posted the worst quarterly loss in India’s corporate history & Bharti Airtel logged record deficit in Q2.

Vodafone Idea, Airtel sending out distress signals. But they are only paying for their sins

Both Vodafone Idea and Bharti Airtel have pinned their losses to Supreme Court’s recent ruling. Media has described their current state as ‘bruised, battered and bleeding’.

Vodafone Idea pleads for urgent relief from Modi govt after Rs 51,000 crore loss

Vodafone Idea says its ability to continue as a going concern is dependent on obtaining financial relief from the government.

Modi govt refuses to waive Rs 92,000 crore dues of Airtel, Vodafone Idea

Modi govt expects the carriers to pay within 90 days as ordered by Supreme Court although a deferred payment plan for some dues could be considered.

Vodafone Idea seeks debt revamp as losses mount and users bolt

Vodafone Idea has warned lenders that it won’t be able to honour its commitments for long under current conditions.

Huawei confident it will be part of 5G trials in India, CEO says security issue addressed

Huawei’s India CEO Jay Chen tells ThePrint the firm does not have any links to Chinese govt — amid fears that its presence will allow Beijing to gather intelligence.

Vodafone Idea picks banks to sell its fibre assets and boost finances

A deal, if successful, would help Vodafone Idea add to the funds it’s been raising to pare debt and fend off rivals Airtel and Jio.

On Camera

YourTurn

Title scene of Taarak Mehta ka ooltah chashmah.

Dear Taarak Mehta, you were our peak comfort content for 14 years. Now it’s time to retire

Just like the Truman Show, all Taarak Mehta plots somehow feel the same for the past few years. It's fine to accept that ideas can go stale.
An attendant refills a two-wheeler with fuel at a petrol pump in New Delhi Saturday | ANI

Under fire for spiraling inflation, Modi govt announces excise duty cut on fuels, LPG subsidy

It has also decided to enhance the fertiliser subsidy for farmers, and reduce import duty on some raw materials. ‘It is always people first for us!’ tweets prime minister.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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