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Mar 1, 2018 · Aircel became the first victim of the Reserve Bank of India’s zeal to promote bankruptcy law to resolve default cases instead of numerous but complicated restructuring programmes that were holding up revival of companies but let promoters hang on to their broken companies.
You can easily recharge your prepaid mobile number online through your debit card on Paytm.com or Paytm app. Follow these simple steps to get your recharge done through your debit card-. 1. Enter your prepaid mobile number. 2. Select your operator and circle if Paytm does not fetch it automatically. 3.
Check the latest Aircel online recharge offers and choose the most suitable airtime plan. Aircel – About the operator and its services Aircel is a joint venture between Maxis Communications and Sindya Securities. Currently Aircel is the fifth largest mobile service provider in India with a subscriber base of 83.05 million.
Feb 28, 2018 · MUMBAI (Reuters) - Indian mobile carrier Aircel Ltd filed for bankruptcy on Wednesday, pressured by a high debt pile and mounting losses following a price war triggered by a telecom upstart. Talks ...
Jan 25, 2024 · MUMBAI: The Supreme Court on Thursday rejected pleas by Bharti Airtel and Bharti Hexacom seeking to deposit Rs 112 crore, payable to now defunct Aircel towards its Spectrum Trade Agreements (STA) and other dues, in an escrow account with the registry of the apex court till the approval of the latter's resolution plan. ICC T20 World Cup Live.
Jan 4, 2024 · Since Airtel had to pay the amount for spectrum to Aircel, it gave bank guarantees for approximately Rs 453.73 crore on behalf of Aircel to DoT and also paid Rs 298 crore cash to DoT.
Aircel's lenders are likely to take a further hit of about 30% on their expected recovery of Rs 6,630 crore with regulatory delays further eroding the value of fibre and spectrum, people familiar ...
