Tata Teleservices

Timelines
Telcos partially pay government dues; 'slim hope' for Vodafone-Idea

18 Feb 2020

Telcos partially pay government dues; 'slim hope' for Vodafone-Idea

Ailing telecom companies have paid their dues linked to adjusted gross revenue (AGR) in part to the government.

Is there no law in country: SC asks telecom companies

14 Feb 2020

Is there no law in country: SC asks telecom companies

The Supreme Court was mighty furious on Friday and issued show-cause notices to telecom companies over their failure to clear Adjusted Gross Revenue (AGR) dues.

SC stays NCLAT order reinstating Cyrus Mistry as Tata Chairperson

10 Jan 2020

SC stays NCLAT order reinstating Cyrus Mistry as Tata Chairperson

Weeks after the National Company Law Appellate Tribunal (NCLAT) reinstated Cyrus Mistry as the Executive Chairperson of Tata Group, the Supreme Court stayed the tribunal's order citing "basic errors" in it.

HDFC Group briefly overtook Tata Group as India's most-valued conglomerate

27 Dec 2018

HDFC Group briefly overtook Tata Group as India's most-valued conglomerate

Following Wednesday's trading session, the Tata Group lost the distinction of being the most valuable conglomerate in India.

Telecom mass layoffs: 75,000 employees lost jobs in one year

15 Nov 2017

Telecom mass layoffs: 75,000 employees lost jobs in one year

Thousands of people working in India's telecom industry are grappling with massive job losses. The sector lost a fourth of its three-lakh workforce in the last 12 months.

Vodafone, Idea to sell mobile-towers to ATC for Rs. 7,850cr

13 Nov 2017

Vodafone, Idea to sell mobile-towers to ATC for Rs. 7,850cr

Ahead of their merger, Vodafone India and Idea Cellular have signed an agreement with a subsidiary of American Tower Corporation (ATC) separately to sell their respective standalone mobile tower businesses for Rs. 7850cr (combined).

Tata pays $1.2bn penalty to Japan's NTT-DoCoMo, ending 3-year dispute

01 Nov 2017

Tata pays $1.2bn penalty to Japan's NTT-DoCoMo, ending 3-year dispute

Settling its three-year-long dispute with NTT DoCoMo, Tata Sons has paid $1.2bn (144.9bn Yen) to the Japanese telco to put an end to the bitter feud over their Indian telecom joint venture, Tata DoCoMo.

Bad news, Jio users! Another tariff hike likely in January

25 Oct 2017

Bad news, Jio users! Another tariff hike likely in January

Reliance Jio users may have to pay more for data services as the telco is likely to increase tariffs every few months, says US-based Goldman Sachs.

Tata Teleservices to merge with Airtel on 'cash-free, debt-free' basis

12 Oct 2017

Tata Teleservices to merge with Airtel on 'cash-free, debt-free' basis

India's largest telco Bharti Airtel will be absorbing Tata Teleservices, Tata Group's struggling telecom business.

Indian telecom sector will become a four-operator market, says survey

29 Jun 2017

Indian telecom sector will become a four-operator market, says survey

The Telecom sector is currently going through a big reshuffle. Reliance Jio has majorly disrupted the already financially ailing sector.

Chandrasekaran announces strategic priorities for Tata Sons

22 Feb 2017

Chandrasekaran announces strategic priorities for Tata Sons

On his first day in office, Tata Sons Ltd's new chairman Natarajan Chandrasekaran outlined three strategic priorities for the group: bring the group closer and leverage collective strength; reinforce a leader's mindset in operating companies for greater rigour to capital allocation and deliver superior returns to shareholders.

Tata's new Chairman Chandrasekaran's litmus test

21 Jan 2017

Tata's new Chairman Chandrasekaran's litmus test

Chandrasekaran's appointment as group chairman is being keenly watched by industry leaders.

Telecom spectrum holdings to rise

20 Jan 2017

Telecom spectrum holdings to rise

Telecom secretary J.S. Deepak stated that due to structural changes and consolidation, the telecom spectrum holding for all operators will rise to 40MHz from 18MHz in 2017.

Mistry defends independent directors

14 Nov 2016

Mistry defends independent directors

Cyrus Mistry lambasted Tata Sons for questioning the loyalty of the independent directors of Indian Hotels Limited and Tata Chemicals; Mistry contended that six out of the nine directors were appointed under Ratan Tata's leadership and two were trustees of the Ratan Tata Trust.

2 unions of Tata Motors support Ratan Tata

13 Nov 2016

2 unions of Tata Motors support Ratan Tata

Two unions of Tata Motors, representing over 16,000 workers, came out in support of Ratan Tata ahead of a board meeting of the company.

Mistry still Tata Steel head; Board deeply divided on Mistry

12 Nov 2016

Mistry still Tata Steel head; Board deeply divided on Mistry

At the Tata Steel board meeting, independent directors remained split on the question of supporting Chairman Cyrus Mistry.

Tata's attempt to remove Mistry from all group companies.

11 Nov 2016

Tata's attempt to remove Mistry from all group companies.

After removing Cyrus Mistry from the board of Tata Consultancy Services, the Tata Sons group is making attempts to remove Mistry from the boards of all group companies.

TCS: Mistry to be replaced by Ishaat Hussain

10 Nov 2016

TCS: Mistry to be replaced by Ishaat Hussain

Tata Sons has directed their group company Tata Consultancy Services to appoint Ishaat Hussain as their new interim chairman in place of Cyrus Mistry.

Govt to take stock of Tata-Mistry dispute

08 Nov 2016

Govt to take stock of Tata-Mistry dispute

Finance Minister Arun Jaitley has summoned the independent directors of Tata Group Companies to take stock of the fall-out of the Tata-Mistry split.

Indian Hotels Company's 6 directors publicly repose faith in Mistry

05 Nov 2016

Indian Hotels Company's 6 directors publicly repose faith in Mistry

6 independent directors of Indian Hotels Company (IHCL) publicly showed faith in Cyrus Mistry's management ahead of the scheduled board meeting.

Turbulent times continue at Tatas

04 Nov 2016

Turbulent times continue at Tatas

Sources stated that the Mistry family does not wish to sell the 18.5% stake it has in Tata Sons.

Mistry remains chairman of 2 Tata group units

02 Nov 2016

Mistry remains chairman of 2 Tata group units

The Tata empire seemed to be in jeopardy as Cyrus Mistry remained the chairman of 2 group units; Tata Sons doesn't hold a majority in Tata Power and Tata Motors.

Mistry may be covered by Tata Director's Insurance

31 Oct 2016

Mistry may be covered by Tata Director's Insurance

Reports indicate that Cyrus Mistry may be covered by a Director's insurance policy purchased by Tata sons, to protect top level management from legal action initiated by shareholders, employees or authorities.

More resignations; Tata, Mistry meet PM

30 Oct 2016

More resignations; Tata, Mistry meet PM

Tata Public Affairs Head Madhu Kannan and Group Strategy Executive Nirmalya Kumar resigned in solidarity with Cyrus Mistry.

Tata loses over Rs.44,000 crore market cap in 3 days

28 Oct 2016

Tata loses over Rs.44,000 crore market cap in 3 days

Amid the ongoing controversy surrounding Cyrus Mistry's hurried exit from Tata, the company lost over Rs.44,000 crore worth of market capitalization in just 3 days.

Pushed into the position of 'lame duck' chairman: Cyrus Mistry

27 Oct 2016

Pushed into the position of 'lame duck' chairman: Cyrus Mistry

Following his dismissal, Tata Sons Ex-Chairman Cyrus Mistry has leveled several allegations against Ratan Tata and Tata Sons.

Telecom auction moves at snail's pace

06 Oct 2016

Telecom auction moves at snail's pace

Overall, the telecom auction progressed extremely slowly, receiving bids worth a mere Rs.2,482 crore.

India's biggest spectrum auction: All you need to know

03 Oct 2016

India's biggest spectrum auction: All you need to know

With over 2354.55 MHz of spectrum up for auction across seven bands, India's biggest spectrum auction garnered Rs.53.53 crore on 1 October.