Vodafone Idea told the government, the telecom department and the Prime Minister’s Office that it will not be able to pay the Supreme Court-ordered £5.3...
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22nd Oct 2026 | Updated at 04:22pm 22nd Oct 2026
Jio Platforms set to record India’s biggest IPO
Reliance Industries chairman Mukesh Ambani is preparing to launch what could be India’s biggest-ever IPO, despite a market downturn. Mumbai-based Jio Platforms, backed by Meta and Google, aims to raise up to Rs 302 billion (£2.4 billion) at...
New Adani, IHC to Invest £8.5 billion in Odisha
Adani Enterprises and Abu Dhabi-based International Resources Holding (IRH) signed a Memorandum of Understanding (MoU) with the Odisha government to develop a greenfield aluminium project worth $11.5 billion (Rs 1.08 lakh crore) (£8.5 billion).The...
As they line up funds to pay the telecom department after the order of the Supreme Court on the adjusted gross revenue (AGR) matter, stressed telecom companies Vodafone Idea and Airtel are understood to have made a series of suggestions to the...
The top four Indian IT firms have over 55,000 American employees in the US
The finance ministry has objected to deferring or waiving a part of interest and penalty for the telecom industry hit by the Supreme Court’s adjusted gross revenue (AGR) burden, effectively blocking a reprieve for the beleaguered mobile operators
India-born British businessman Sanjeev Gupta, who made headlines in 2016 for buying Tata Steel’s UK units, has acquired the bankrupt Adhunik Metaliks and...
The Indian government is expected to announce a set of measures to tackle possible disruption in supply of drugs and other manufactured goods due to the...
The Reserve Bank of India (RBI said that credit flow was reviving and is expected to improve further in the coming months on the back of steps taken by...
Following the Supreme Court’s rap for failing to make adjusted gross revenue (AGR) payments by the stipulated deadline of January 23, at least three telecom companies made a part of their payments on Monday, and informed the Department of Telecommunications...
The Shapoorji Pallonji (SP) Group, which holds 18% in Tata Sons, has moved the Supreme Court against the December 18 appellate tribunal order that reinstated scion Cyrus Mistry as the chairman of the Tata holding company
After reporting the biggest quarterly loss in Indian corporate history in the second quarter of 2019-20 (at £5.09 billion), Vodafone-Idea said that loss in the third-quarter stood at £643.9 million as steep competition, high costs and large...
