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Govt preparing relief package for telecom sector

Govt preparing relief package for telecom sector SECTIONS Share Synopsis An official said there has been no communication from Vodafone Group on the proposal so far and the government has also not sought any clarification. “We have already announced a ₹70,000-crore package for BSNL. The government’s hands are full,” the official added. The package will allow surrender of spectrum, reduce bank guarantees, phase out levies and prospectively define AGR to provide relief to the sector, an official said. The government is preparing a relief package for the telecom sector, but has no plans of responding to Aditya Birla Group chairman Kumar Mangalam Birla’s offer of handing over the group’ stake in Vodafone Idea to any public sector or domestic financial entity, said senior officials.

More trouble for Vodafone Idea as Kumar Mangalam Birla steps down as non-executive chairman

More trouble for Vodafone Idea as Kumar Mangalam Birla steps down as non-executive chairman
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

India s Vodafone Idea reportedly close to point of collapse

India s Vodafone Idea reportedly close to point of collapse
datacenterdynamics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from datacenterdynamics.com Daily Mail and Mail on Sunday newspapers.

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