Try GOLD - Free
Airtel seeks conversion of spectrum dues into equity
The New Indian Express Kottayam
|April 25, 2025
AFTER Vodafone Idea, Bharti Airtel has approached the government for conversion of its deferred spectrum dues into equity.
The telecom giant has emphasised the need for a level playing field in the implementation of the 2021 telecom reforms package and has called for equitable treatment of all operators, particularly with regard to government relief on statutory dues.
According to reports citing sources, Airtel has also requested the adjustment of excess payments made in earlier years. This move follows the government's decision to convert Vodafone Idea's spectrum dues worth ₹36,950 crore into equity, raising its stake in the company to nearly 49% as of March 30.
This story is from the April 25, 2025 edition of The New Indian Express Kottayam.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Kottayam
The New Indian Express Kottayam
MP points finger at TN over syrup factory licence renewal
COUGH SYRUP DEATHS
1 mins
October 10, 2025
The New Indian Express Kottayam
'Global stability pillar': £350 mn missile deal part of deepening ties with the UK
INDIA and the UK on Thursday cemented a new phase in their evolving relationship, unveiling a wide-ranging set of agreements across trade, defence, education and technology, as prime ministers Narendra Modi and Keir Starmer expressed a strong commitment to build on the momentum of the Comprehensive Economic and Trade Agreement (CETA) signed in July and highlighted a deepening strategic alignment amid shifting global power dynamics.
1 min
October 10, 2025
The New Indian Express Kottayam
A HIMALAYAN LEAP BEYOND 3 Ts
NDUSTRIALIST Harsh Goenka posted on social media that, as a patriot, he was utterly confused.
3 mins
October 10, 2025
The New Indian Express Kottayam
LG IPO breaks record, booked 54 times; gets bids worth ₹4.43 lakh cr
LG Electronics India has recorded one of the highest subscriptions ever for a large Indian IPO (₹10,000 crore and above), with its initial share sale oversubscribed 54 times.
1 mins
October 10, 2025
The New Indian Express Kottayam
NTA may allot exam centres based on Aadhaar to curb malpractices
FROM the coming academic year, candidates aspiring to take up the competitive exams conducted by the National Testing Agency are likely to be allotted centres based on the Address in their Aadhaar card.
1 mins
October 10, 2025
The New Indian Express Kottayam
RCPL relaunches Velvette brand in Chennai
RELIANCE Consumer Products Limited (RCPL), FMCG arm of Reliance Industries Limited, on Thursday launched Tamil Nadu's iconic personal-care brand Velvette, in collaboration with the CK Rajkumar family.
1 min
October 10, 2025
The New Indian Express Kottayam
Pushed out by tigers, leopards stray into human dwellings in U’khand
A growing tiger population in Uttarakhand is creating tension in the forests, not just among humans but also among wildlife.
1 mins
October 10, 2025
The New Indian Express Kottayam
With $105 bn, Ambani remains No. 1 in Forbes rich list, Gautam Adani at No. 2
MUKESH AMBANI, chairman and MD of oil-to-telecom behemoth Reliance Industries, has retained the top position in the Forbes India's 100 people richest list for 2025.
1 min
October 10, 2025
The New Indian Express Kottayam
Full freedom to forces against terror in J&K: Shah
UNION Home Minister Amit Shah on Thursday chaired a high-level meeting to assess the security situation in Jammu and Kashmir and reiterated the government’s commitment toa terrorism-free region.
1 mins
October 10, 2025
The New Indian Express Kottayam
Sex edu must be from young age, not from Class IX: SC
SEX education should be provided to children from a younger age, not from Class IX onwards, the Supreme Court held.
1 min
October 10, 2025
Listen
Translate
Change font size