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News
Aircel
Aircel News
Ajahn Siripanyo
22 Jul 2023
Tale Of A Tamilian Who Renounced Assets Worth Rs 40,000 Crore And Turned Monk
Ven Ajahn Siripanyo has been living the monastic life for more than 20 years. At the moment, he oversees the Thailand-based Dtao Dum Monastery. Siripanyo is also believed to be able to speak up to eight different languages with ease.
NCLAT
08 Mar 2020
NCLAT dismisses DoT's plea in Aircel licence moratorium matter citing delay
The National Company Law Appellate Tribunal (NCLAT) has dismissed the telecom department's plea citing delay in appeal against the NCLT order which held that the spectrum and licence of debt-ridden Aircel cannot be taken away during the insolvency resolution period.
Telecom Department
19 Mar 2018
No new bank guarantee from Axis Bank to be accepted, says Telecom department
Telecom firms have to routinely furnish bank guarantees to meet their contractual commitments.
Bharti Airtel
16 Mar 2018
Airtel receives over 1.50 million Aircel customers
State-owned BSNL too joined adding Aircel customers saying it registered more than one lakh customers of Aircel opting its network.
Aircel
02 Mar 2018
Will Reliance Jio, Airtel help in keeping Aircel's network running?
Aircel has filed for bankruptcy saying high debt and mounting losses, following a price war triggered by a new entrant, have led the company to troubled times.
Aircel
01 Mar 2018
Aircel files for bankruptcy under insolvency code: 10 points
Know the top 10 updates on Aircel bankruptcy.
Aircel
28 Feb 2018
Aircel files for bankruptcy, blames competition and financial woes
Aircel, 74 per cent owned by Malaysia's Maxis Communications Bhd, first tried a merger with Reliance Communications Ltd but the plan failed.
Aircel
28 Feb 2018
Mobile number portability: TRAI asks Aircel to generate UPC for customers
Trai has also asked Aircel not to reject any porting-out request of its subscribers whose activation of mobile number in the "network of Aircel Group is of less than 90 days
Justin Trudeau
23 Feb 2018
News at a glance: February 23, 2018
Aircel
23 Feb 2018
Future of 5,000 Aircel employees hangs in balance
Aircel has reportedly warned its employees to be ready for “difficult” times ahead in the wake of funding crunch.
Aircel
22 Feb 2018
Aircel network badly hit as porting requests rise exponentially
Customers of telecom service provider Aircel in Chennai are facing a tough time as they are rushing to apply for mobile number portability amidst reports of closure of the company's services
Aircel
21 Feb 2018
Difficult times ahead for Aircel staff, warns company
Aircel may soon file for bankruptcy at the National Company Law Tribunal (NCLT).
Aircel
19 Feb 2018
Aircel to soon file for bankruptcy at NCLT: Report
The lenders are scheduled to meet on Tuesday to decide on appointments and the future course of action.
Idea
07 Feb 2018
Idea Cellular suspends interconnect services with Aircel citing dues
Idea said it will restore interconnect services immediately after Aircel makes the payment, but did not specify the outstanding amount.
National Company Law Tribunal
14 Oct 2017
NCLT approves withdrawal of RCom, Aircel merger deal
The order also approved withdrawal of demerger of tower business of Reliance Infratel to Towercom Infrastructure, the filing said.
Reliance Communications
05 Oct 2017
RCom scrapping merger plan with Aircel credit negative: Moody's
On Sunday, RCom announced that the agreement had lapsed owing to legal and regulatory uncertainties, objections by interested parties and delays in receiving relevant approvals.
Rcom Aircel merger
03 Oct 2017
No impact of Aircel merger cancellation on RCom's rating: Moody's
Moody's had downgraded the credit rating of RCom to 'Ca' from 'Caa1' in June 2017.
Reliance Communications
02 Oct 2017
RCom elevates top officials as board directors
Singh joined RCom from Aircel and has been with the firm for the past 6 years. Manikantan has been with the company for the last 22 years and has held several senior positions.
Rcom Aircel merger
02 Oct 2017
RCom calls off merger with Aircel due to 'regulatory' hurdles
The board decided that RCom will evaluate an alternative plan for its mobile business, through optimisation of its spectrum portfolio and adoption of a 4G focused mobile strategy.
COAI
27 Jul 2017
IUC row simmers, Jio says COAI had no business airing views
He said COAI's responsibilities included ensuring facts are placed on record to inform the discourse.
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