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Tata Sons to seek CCI, I-T nod for DoCoMo payout

Tata Sons will seek the approval of the Competition Commission of India and tax authorities to remit USD 1.18 billion to estranged partner NTT DoCoMo to settle its long-standing dispute.

Tata Teleservices fires 500-600 employees

Tata Teleservices fires 500-600 employees

The lay-offs comes at a time when the telecom industry has been witnessing an intense tariff war triggered by the entry of Reliance Jio.

Tata-DoCoMo truce may leave Japanese firm with $790 million to invest in India

Tata-DoCoMo truce may leave Japanese firm with $790 million to invest in India

Tata Sons will split a dispute settlement payment of $1.18 billion owed to NTT DoCoMo over the Japanese firm`s exit from a telecoms joint venture, leaving it with about two-thirds of the amount to invest in India, a source said.

Telecom Comm seeks clarity from Trai on Rs 3,050-crore fine

Telecom Comm seeks clarity from Trai on Rs 3,050-crore fine

Inter-ministerial panel Telecom Commission on Monday sought clarity from Trai on Rs 3,050-crore penalty that the watchdog recommended on three operators, including Airtel and Vodafone, for allegedly violating interconnect norms and its power to impose fine in such cases.

After TCS, Tata Teleservices 'unanimously' removes Cyrus Mistry as chairman, director

In yet another blow for Cyrus Mistry, Tata Teleservices on Wednesday "unanimously" removed him as the director and chairman of the company.

Cyrus Mistry chairs Tata Teleservices Board meeting

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Ousted Tata Sons chairman Cyrus Mistry chairs Tata Teleservices board meeting

Ousted Tata Sons chairman Cyrus Mistry chairs Tata Teleservices board meeting

Ousted Tata Sons chairman Cyrus Mistry continued to chair group companies and on Monday he chaired a meeting of the distressed telecom arm of the group, Tata Teleservices, at the Bombay House, the group headquarters here this afternoon.

Spectrum auction: Vodafone, Tatas pay Rs 12,499 crore to DoT for purchase

Telecom operators Vodafone and Tata Teleservices Wednesday made payments of Rs 10,100 crore and Rs 2,300 crore, respectively, to the government for spectrum they bought in the recently-concluded auction.

Govt issues demand notes to 7 telcos for spectrum purchase

Govt issues demand notes to 7 telcos for spectrum purchase

Government on Monday issued demand notes to seven telecom operators to make payment in 10 days for the spectrum they bought in the just-concluded auction.

 Seven companies qualify to bid in upcoming telecom spectrum auction

Seven companies qualify to bid in upcoming telecom spectrum auction

Seven telecom service providers have qualified to bid for the upcoming biggest-ever airwaves auction starting from October 1, according to official data released here by the Department of Telecommunications.

Seven telcos submit Rs 15,000 crore earnest money for auction

Seven telcos submit Rs 15,000 crore earnest money for auction

In a seemingly tepid build-up to the upcoming spectrum sale, due on October 1, seven mobile operators are said to have deposited earnest money of about Rs 15,000 crore, lower than the previous year's Rs 20,435 crore.

Tata-DoCoMo deal: Finance Ministry rejects RBI plea for FEMA exemption

Tata-DoCoMo deal: Finance Ministry rejects RBI plea for FEMA exemption

Rejecting RBI plea for exempting Tata-DoCoMo deal from foreign exchange Act, the Finance Ministry has said the two firms had entered into a share buyback contract in contravention of prevalent law and the case will now have to be legally settled.

DoT to issue demand notices this week to 6 telcos for 2006-07

DoT to issue demand notices this week to 6 telcos for 2006-07

The Department of Telecom will issue this week the next lot of demand notices to six telecom operators for under-reporting of revenues in around 10 circles in 2006-07 year.

 

Tata Communications Q4 net loss widens to Rs 205 crore

Tata Communications Q4 net loss widens to Rs 205 crore

Tata Communications Ltd on Saturday reported a widening of its consolidated net loss to Rs.205 crore for the quarter ended March, mainly on account of an impairment of equity in its sister concern Tata Teleservices.

Good news for women employees! Tata Teleservices increases maternity leave to 6 months

Good news for women employees! Tata Teleservices increases maternity leave to 6 months

Tata Teleservices will give six months paid leave and an additional six months of half day halfpay option to its women workforce.

Call drops to 4G: Full spectrum of bad, good for telecom

Call drops to 4G: Full spectrum of bad, good for telecom

The telecom service providers that participated in the marathon auctioning were: Idea Cellular, Bharti Airtel, Vodafone India, Reliance Communications, Reliance Jio, Tata Teleservices, Telenor and Aircel.

Govt issues guidelines to liberalise 2G spectrum

The development is likely to benefit almost all incumbent telecom operators like Reliance Communications, Aircel, Tata Teleservices, Airtel, Vodafone and Idea Cellular.

Indian households with mobile phones 62% better off than those without

Indian households with mobile phones 62% better off than those without

 Indian households that own at least one mobile phone enjoy 62 per cent higher level of economic prosperity compared to non mobile-owning ones, says a study by Tata Teleservices and the Tata Institute of Social Sciences.

TTML appoints Harish Abhichandani as CFO

Tata Teleservices (Maharashtra) Ltd (TTML) on Friday said it has appointed Harish Abhichandani as Chief Financial Officer with effect from September 1.

Tata Teleservices shares surge 20%; hit upper circuit

Tata Teleservices (Maharashtra) shares Monday surged 20 percent amid reports that the Tata Group has offered to buy out Japanese telecom major NTT Docomo's 26.5 percent stake in unlisted Tata Teleservices for Rs 23.34 a share.