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Wednesday, September 30, 2020

Aashish Aryan


Aashish Aryan is a Principal Correspondent With The Indian Express. He tweets @cubscribe

Call on separate civil suit on payment of AGR dues: DoT in ‘wait & watch’ mode
Thu, Jan 23, 2020

The DoT will have to move a separate civil suit seeking the apex court’s directions on what it should do going ahead, if it seeks to recover the dues from all the companies, the officials further said.

Oil India, DMRC move SC; say DoT’s AGR demand will force stop operations
Thu, Jan 23, 2020

In its petition seeking the modification of the Supreme Court's October 24 judgment on AGR, Oil India has said that the Department of Telecommunications' "huge arbitrary demand was based on wrongful interpretation and erroneous calculation".

Telecom firms get some time on dues to Govt
Wed, Jan 22, 2020

On Monday, Bharti Airtel and Vodafone had moved the court seeking permission to “work out feasible terms mutually with DoT” to ensure they remained a “going concern”.

Will continue to probe Bhushan Power; IBC ordinance won’t shelter JSW: ED
Wed, Jan 22, 2020

During the last hearing, JSW Steel had also said that the Centre’s recent ordinance on IBC would cover it as well.

AGR dues: Airtel, Vodafone Idea move SC again, seek nod to negotiate with DoT
Tue, Jan 21, 2020

The apex court had on October 24 last agreed with the DoT’s definition of AGR, and said that the companies, both telecom and non-telecom, must pay all dues they owe to the government along with interest and penalty.

BharatNet phase two: About 7.45% of 1.5 lakh gram panchayats service ready so far
Tue, Jan 21, 2020

Under BharatNet phase two, against the target of providing last mile connectivity to 1.5 lakh gram panchayats (GPs), only about 7.45 per cent of these have been made service ready so far.

SC dismisses review plea by telecom majors on AGR dues
Fri, Jan 17, 2020

Following the judgment, the DoT had written to GAIL and Power Grid, asking them to pay AGR fees of Rs 1.72 lakh crore and Rs 1.25 lakh crore, respectively. GAIL, Power Grid and other companies have denied that they owe any money to the DoT, and said they have paid all dues.

Adjusted Gross Revenue case: SC dismissal of telcos’ plea may hit consumer services
Fri, Jan 17, 2020

Bharti Airtel said in a statement: “The money now required to pay punitive interest, penalty and interest on penalty which forms nearly 75 per cent of AGR (adjusted gross revenues) dues would have better served the digital mission of the country”.

AGR judgment: SC to hear telcos’ review pleas today
Thu, Jan 16, 2020

In its review petition, Bharti Airtel had said that though it was aggrieved by the entire judgment of the apex court, the company was limiting its review to the point that there was no ‘conscious disregard’ or ‘wilful default’ on part of the telco.

CCI initiates probe against Flipkart, Amazon on ‘deep discounting’
Tue, Jan 14, 2020

The anti-trust body ordered the probe on a complaint by Delhi Vyapar Mahasangh, a micro, small and medium scale enterprise body.

As BharatNet flounders at last mile connectivity, DoT dials the private sector
Mon, Jan 13, 2020

Of the 1.26 lakh GPs that have been made service ready so far, WiFi hotspots are functional only in 15,000. The plan to provide fibre to the home (FTTH) connectivity is operational only at 27,856 GPs till end-December, the official added.

Relief for Tata Sons as SC stays NCLAT order on reinstating Mistry
Sat, Jan 11, 2020

In the only relief for the Mistry side, the court ordered that the Tatas will not exercise power under Article 75 of the ‘Articles of Association’ for pushing out shares of minority holders in the company.

India issues travel advisory, Air India to avoid Iran airspace
Thu, Jan 09, 2020

All Air India and Air India Express flights from Delhi and Mumbai are likely to take an extra 20-40 minutes to avoid Iranian airspace, a spokesperson for Air India said.

Essar Power arm to be liquidated after lone bidder refuses to furnish guarantee
Thu, Jan 09, 2020

The NCLT Bench also asked the liquidator to probe the financial affairs of Essar Power Jharkhand with respect to the erstwhile promoters’ and directors’ bid to enter into “preferential transactions”.

GoM gives nod to invite EoI for Air India; pilot body conducts ballot on next move
Wed, Jan 08, 2020

The GoM also approved the airline’s plan for a share purchase agreement, a senior government official said, adding that both the EoI and the details of share purchase agreement would be issued in January itself.

Air India to clawback salary, benefits of employees who leave before stipulated period
Mon, Jan 06, 2020

If the employee fails to pay the said amounts, it will be recovered from his final settlement, the order said.

Restructuring: BSNL to raise Rs 15,000 crore via sovereign-backed bonds by February
Thu, Jan 02, 2020

The Department of Telecommunications (DoT) has left it to both the companies to decide how to raise the monies, and take a final call in consultation with experts, one of the officials quoted above said.

All telecom players, including Huawei, can join 5G trials: Ravi Shankar Prasad
Tue, Dec 31, 2019

Telecom companies and equipment makers are scheduled to meet Department of Telecom (DoT) officials Tuesday to discuss terms of the trial, government sources said. The discussion will also include circles and population areas that the trials could cover.

‘Relief on AGR to non-telecom PSUs must come only from SC’
Mon, Dec 30, 2019

Senior DoT officials say it is unlikely to provide any relief.

DoT’s hope for 2020: Good bidding for 5G spectrum; telcos likely to disagree
Sun, Dec 29, 2019

Bharti Airtel, with a net debt of Rs 1,082 billion, and Vodafone Idea with net debt of Rs 1,185 billion as on March 31, 2019, are unlikely to spend money for acquiring 5G spectrum.

In-flight connectivity to debut in India with Vistara; airline gets nod
Sat, Dec 28, 2019

The services will initially be only data services as the clearances for voice require some more time.

DoT plans ‘millimeter’ spectrum sale, to seek TRAI view in January
Fri, Dec 27, 2019

This new spectrum under the 5G band called the ‘millimeter-wave bands’ is separate from the 8,300 MHz, which the government plans to auction between March and April.

Insolvency & Bankruptcy Code: Banks recover over Rs 70,000 crore
Wed, Dec 25, 2019

The recovery percentage for FY 2019, however, fell by to 42.5 per cent from 49.6 per cent in the previous financial year.

Insolvent individuals may face ban on holding, running for public office
Tue, Dec 24, 2019

The Central government had on December 1 notified amendments to the Insolvency and Bankruptcy Code (IBC), 2016, in which it had brought a corporate debtor’s personal guarantor under the purview of the Code.

NCLAT gives nod to demerger of Reliance Jio, dismisses objections by I-T on ‘avoidance and evasion’
Mon, Dec 23, 2019

The I-T department had, however, opposed the scheme and alleged that by seeking to hive off these two units into separate entities and by cancelling the preference shares and instead of turning it into a loan, Jio was seeking to “avoid and evade taxes”.