Companies Indian Subcontinent Industries Supreme Court Technology

Modi Govt butress Spectrum to Jio , Airtel using solvency route : Supreme Court reserves verdict

After several rounds of hearings and a year later, the Supreme Court has reserved its judgment on the adjusted gross revenue (AGR) case.   On the last day of hearing on Monday, the court warned that if telecom companies are unwilling to pay their dues, it would direct the Union government to cancel their spectrum Read More…

Companies Industries Supreme Court

Mukesh’s Jio uses Anil’s Spectrum and Solicitor General stand expose new Spectrum scam on cards

The Supreme Court on Monday asked the government to explain why Reliance Jio, which is earning revenue by sharing Reliance Communication’s (RCom) spectrum, be not asked to pay the Adjusted Gross Revenue (AGR) related dues to the government.   The government told the top court there is a difference of opinion between two ministries (Department Read More…

Business Companies Industries Market

Facebook Reliance alliance gives alarm bell for amazon Flipkart

US tech giant Facebook announced that it would invest Rs 43,547 crore ($5.7 billion) in RIL’s wholly-owned subsidiary Jio Platforms to expand its presence in India.   Facebook’s investment translates into 9.9 per cent stake in Jio. This would be Facebook’s biggest minority shareholding ever. This is also the largest foreign direct investment for minority Read More…