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Telenor will not participate in spectrum auction, loss widens

Telenor India will not participate in the upcoming spectrum auction which is in line with its earlier announcement indicating exit from the country.

Telenor hints at India exit, runs up Rs 2,530 crore operating loss

Telenor hints at India exit, runs up Rs 2,530 crore operating loss

Posting a huge operating loss of 3,100 million Norwegian Krone (around Rs 2,530 crore) for its Indian telecom business, Telenor Wednesday hinted at exiting India if it fails to procure spectrum at reasonable rates.

Telenor India's Sept-qtr operating loss widens to Rs 287 crore

Norwegian mobile operator Telenor today reported widening of operating loss at its Indian unit at 373 million Norwegian krone (about Rs 286.21 crore) for the quarter ended September 30, 2015.

This company gives six-month paid maternity leave

This company gives six-month paid maternity leave

Aiming to create an equitable work-life balance for employees, Telenor India has adopted a six-month paid maternity leave policy effective from January 1, 2016, a company statement said here on Tuesday.

FIPB okays Telenor's Rs 1000 cr investment plan for Indian JV

Telenor Mobile Communication AS' application "to set up a JV company in telecom sector" involving Rs 1,000 crore FDI inflow has been cleared by the Foreign Investment Promotion Board (FIPB), the Finance Ministry said in a statement.

Telenor President assures to remain engaged in India

The President and CEO of Telenor Group, Jon Fredrik Baksaas, has conveyed Telenor's commitment to stay engaged and improve its presence in India.

Telenor, Vodafone among six cos that sent notices to India

The government on Monday said six firms including Devas Employees, Telenor, Vodafone and Sistema have sent notices against India for breach of bilateral investment protection treaty and comprehensive economic cooperation agreement.

Telenor Q1 net slumps 79% on India write-off

Norwegian firm Telenor Tuesday reported a 79.12 percent plunge in its first quarter net profit at 583 million kroner (about USD 100.3 million) due to a 3.9 billion kroner (USD 682 million) write-off in India, where its unit has lost all telecom licences.

Telenor may quit India now after licences revoked

Norwegian telecom firm Telenor could quit India now after the Supreme Court revoked its mobile licences and not wait for new market rules to be introduced, the company's chief executive said.