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Spectrum sale ruling hits Indian telcos' insolvency plans


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A number of now non-operating Indian telecom companies are no doubt fearing the worst after a recent ruling made it more difficult to sell their spectrum to pay off creditors.
Indian press reports indicate that, while a National Company Law Appellate Tribunal (NCLAT) ruling permits the sale of spectrum as part of the insolvency process, government dues need to be paid first. ....

Uv Asset Reconstruction Co Ltd , Videocon Telecommunications , Department Of Telecommunications , National Company Law Appellate Tribunal , Bankruptcy Code , Reconstruction Co Ltd , ஊவ் சொத்து புனரமைப்பு இணை லிமிடெட் , வீடியோ கான் தொலைத்தொடர்பு , துறை ஆஃப் தொலைத்தொடர்பு , தேசிய நிறுவனம் சட்டம் மேல்முறையீடு தீர்ப்பாயம் , திவால்நிலை குறியீடு , புனரமைப்பு இணை லிமிடெட் ,

Anil Ambani Group: Banks Mark Accounts of RCom, RTel & RInfra as Fraud, Say Reports


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Three State-run lenders, State Bank of India (SBI), Union Bank of India (UBI) and Indian Overseas Bank (IOB), have classified accounts of the Anil Ambani owned Reliance Communication Ltd (RCom) and its two units Reliance Telecom Ltd (RTel) and Reliance Infratel Ltd (RInfra) as fraudulent.
 
Further, the Delhi High Court (HC) has opined that the Union government is free to take any steps, or investigate or file any complaint proceedings against RCom and RTel. The resolution professional for RCom has accepted claims worth Rs49,224 crore from 53 creditors, including banks, non-banking finance companies (NBFCs) and mutual funds (MFs).
 
As per a report from LiveLaw, the vacation bench of justice Subramonium Prasad of Delhi HC, while hearing a plea filed by RCom, has asked UBI and IOB to maintain ....

United Kingdom , Mukesh Ambani , Dhirubhai Ambani , Subramonium Prasad , Jio Infocomm , Anil Ambani , Exim Bank , Indian Overseas Bank , Uv Asset Reconstruction Co Ltd , China Development Bank , Anil Dhirubhai Ambani Group , China Ltd , Anil Reliance Group , Anil Ambani Group , United Kingdom Court Under Rule , Reliance Infratel Ltd Rinfra , Delhi High Court , Reliance Communication Ltd Rcom , Moneylife Digital Team , National Company Law Tribunal , Reliance Telecom Ltd Rtel , Union Bank , Banks Mark Accounts , Say Reports , State Bank , Reliance Communication Ltd ,

Spam SMS: TRAI Has Information of Only 2.30 Lakh Telemarketers and Headers


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Have you even wondered about the continuous onslaught of unwanted commercial communication (UCC) or spam messages and unwanted calls from telemarketers? If yes, then data shared by the telecom regulator shows that there are over 230,000 entities registered as telemarketers with 11 telecom companies. However, the data shared by the Telecom Regulatory Authority of India (TRAI) may be incomplete as the cumulative of Reliance Jio and Bharti Airtel itself is nearly 275,000. It may also be possible that many entities have registered themselves with different telcos. But even in that case, the TRAI record considers it as a separate entry and this should have been added in the cumulative. Also remember, TRAI sharing this information does not mean that it will either act against some of the most notorious and dubious telemarketers or make sure that all numbers registered with do-not-call (DNC) registry will be filtered out by telemarketers. TRAI will do nothing to help telecom or m ....

Tata Teleservices , Bharti Airtel , Tata Teleservice , Lok Sabha , Ravi Shankar Prasad , Sandeep Khurana , Tata Tele Services Ltd , Delhi Hight Court , Videocon Telecom , Uv Asset Reconstruction Co Ltd For Aircel , Telecom Commercial Communications Customer Preference Regulations , Tata Teleservices Maharashtra Ltd , Reliance Infratel Ltd , Bharat Sanchar Nigam Ltd , Mahanagar Telecom Nigam Ltd , Faqs On Unsolicited Commercial Communications , Aircel Ltd Dishnet Wireless , Bharti Airtel Ltd , Bharti Hexacom Ltd , Telecom Regulatory Authority Of India , Bharti Hexacom Ltd Airtel , Reliance Communications Ltd Rcom , Reliance Telecom Ltd , Quadrant Televentures Ltd , Infra Private Ltd , Telecom Regulatory Authority ,