India Business News: The beleaguered telecom industry was handed a Rs 42,000 crore lifeline by the government as it announced a two-year moratorium on payment of spectrum Read More

Sale will see Essel Group’s stake plunge to around 5% in the firm.The 16.5% stake includes a 2.3% stake which is in the process of being sold to OFI Global Read More

India Business News: NEW DELHI: Former CEO of WPP Martin Sorrell’s S4Capital Plc, the digital advertising and marketing services company on Wednesday announced that its gl. Read More

In September this year, Patanjali Ayurved had received approval of the National Company Law Tribunal (NCLT) to acquire Ruchi Soya, which went into an insolvency in December 2017. Read More

The deferred amounts to be paid by telcos will be without increase in the time period, the FM said. Read More

In view of financial stress faced by telcos, cabinet approves deferring receipt of spectrum auction instalments for two years.Deferred spectrum payments to be equally spread over the remaining installments; telcos will, however, have to pay applicable interes… Read More