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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Just when it looked like the government and India’s third largest telco were going to end up losers, they have arrived at a compromise. Will it work?
It’s one blow after another for Kumar Mangalam Birla. Five years after the Aditya Birla Group chairman took the reins of what was then India’s largest telecoms company, he now appears close to losing the business.
Vodafone Idea—Vi—announced yesterday that it will allot new shares to the government, making it the biggest stakeholder in the company with a 38.5% stake; Birla himself would be reduced to the smallest promoter, with 17.8%. Last August, he had stepped down as chairman of the company and relinquished his seat on the board as it increasingly looked like the company would go under.
With …
The Rs 1,800 crore push into cables and wires may find it hard to rewire a market built over decades.
Elon Musk’s satellite internet promises a new way to get online. How will it coexist with the country's telecom giants?
A quarter with subscriber gains portends well for the telecom operator, but its underlying metrics tell a more cautious story.
