The Rs 24,700 crore waiver does come as a relief to the heavily indebted telecom operator. But it has more things to worry about.
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The Reliance Jio owner is lobbying in right earnest to make Starlink’s entry into the Indian satcom space difficult, though it looks like an uphill climb at the moment.
The Ajay Singh-led airline may have claimed it has turned profitable, or has a positive net worth for the first time in a decade, but a closer look suggests otherwise.
Last week, Larsen & Toubro chairman S. N. Subrahmanyan blamed welfare schemes for unavailability of labour. There are other factors in play too.