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<p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group’s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p>
<p style="text-align:justify">The ‘shares for free’ offer was contingent on an official rescue package that would include revisiting the company’s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company’s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p>
<p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more. </p>
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LATEST NEWS UPDATES | The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh </title>
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With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber..."/>
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With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber..." />
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<br><small>August 24, 2021</small>
<p style="padding-top: 6px;">-NetworkIdeas.org
With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber base, is staring at bankruptcy....</p>
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<br><small>August 24, 2021</small>
<p style="padding-top: 6px;">-Hindustan Times
The Forest Survey of India defines forest cover thus: “All lands, more than 1 ha in area with a tree canopy density of 10% irrespective of ownership and legal status.
The National Mission on Edible Oils- Oil Palm (NMEO-OP), approved by the Union Cabinet last...</p>
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<br><small>August 24, 2021</small>
<p style="padding-top: 6px;">-The Telegraph
Research found that 29% of 9,516 respondents knew two or more persons who faced vaccine stockouts at vaccination centres over the past month
A nationwide survey has found that 39 per cent of respondents knew a family member or friend unable to access a Covid-19...</p>
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<br><small>August 24, 2021</small>
<p style="padding-top: 6px;">-The Hindu
They also highlight the need to follow COVID-appropriate behaviour and keep complacency at bay.
The complacency in people’s behaviour early this year was one of the major reasons for the severe second COVID-19 wave, says experts. Also, with only 15 per cent of the eligible...</p>
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<br><small>August 24, 2021</small>
<p style="padding-top: 6px;">-Down to Earth
Till 2020, 7.86% of India’s land was under drought-like conditions
Over a fifth of India’s land area (21.06 per cent) is facing drought-like conditions, according to recent data released by Drought Early Warning System (DEWS), a real-time drought-monitoring platform.
This is 62 per cent...</p>
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<br><small>August 24, 2021</small>
<p style="padding-top: 6px;">-NetworkIdeas.org
With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber base, is staring at bankruptcy....</p>
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<br><small>August 24, 2021</small>
<p style="padding-top: 6px;">-Hindustan Times
The Forest Survey of India defines forest cover thus: “All lands, more than 1 ha in area with a tree canopy density of 10% irrespective of ownership and legal status.
The National Mission on Edible Oils- Oil Palm (NMEO-OP), approved by the Union Cabinet last...</p>
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<br><small>August 24, 2021</small>
<p style="padding-top: 6px;">-The Telegraph
Research found that 29% of 9,516 respondents knew two or more persons who faced vaccine stockouts at vaccination centres over the past month
A nationwide survey has found that 39 per cent of respondents knew a family member or friend unable to access a Covid-19...</p>
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<br><small>August 24, 2021</small>
<p style="padding-top: 6px;">-The Hindu
They also highlight the need to follow COVID-appropriate behaviour and keep complacency at bay.
The complacency in people’s behaviour early this year was one of the major reasons for the severe second COVID-19 wave, says experts. Also, with only 15 per cent of the eligible...</p>
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<br><small>August 24, 2021</small>
<p style="padding-top: 6px;">-Down to Earth
Till 2020, 7.86% of India’s land was under drought-like conditions
Over a fifth of India’s land area (21.06 per cent) is facing drought-like conditions, according to recent data released by Drought Early Warning System (DEWS), a real-time drought-monitoring platform.
This is 62 per cent...</p>
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<br><small>August 24, 2021</small>
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With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber base, is staring at bankruptcy....</p>
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<br><small>August 24, 2021</small>
<p style="padding-top: 6px;">-Hindustan Times
The Forest Survey of India defines forest cover thus: “All lands, more than 1 ha in area with a tree canopy density of 10% irrespective of ownership and legal status.
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<br><small>August 24, 2021</small>
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Research found that 29% of 9,516 respondents knew two or more persons who faced vaccine stockouts at vaccination centres over the past month
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<br><small>August 24, 2021</small>
<p style="padding-top: 6px;">-The Hindu
They also highlight the need to follow COVID-appropriate behaviour and keep complacency at bay.
The complacency in people’s behaviour early this year was one of the major reasons for the severe second COVID-19 wave, says experts. Also, with only 15 per cent of the eligible...</p>
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<br><small>August 24, 2021</small>
<p style="padding-top: 6px;">-Down to Earth
Till 2020, 7.86% of India’s land was under drought-like conditions
Over a fifth of India’s land area (21.06 per cent) is facing drought-like conditions, according to recent data released by Drought Early Warning System (DEWS), a real-time drought-monitoring platform.
This is 62 per cent...</p>
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LATEST NEWS UPDATES | The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh
-NetworkIdeas.org
With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber base, is staring at bankruptcy....
-Hindustan Times
The Forest Survey of India defines forest cover thus: “All lands, more than 1 ha in area with a tree canopy density of 10% irrespective of ownership and legal status.
The National Mission on Edible Oils- Oil Palm (NMEO-OP), approved by the Union Cabinet last...
-The Telegraph
Research found that 29% of 9,516 respondents knew two or more persons who faced vaccine stockouts at vaccination centres over the past month
A nationwide survey has found that 39 per cent of respondents knew a family member or friend unable to access a Covid-19...
-The Hindu
They also highlight the need to follow COVID-appropriate behaviour and keep complacency at bay.
The complacency in people’s behaviour early this year was one of the major reasons for the severe second COVID-19 wave, says experts. Also, with only 15 per cent of the eligible...
-Down to Earth
Till 2020, 7.86% of India’s land was under drought-like conditions
Over a fifth of India’s land area (21.06 per cent) is facing drought-like conditions, according to recent data released by Drought Early Warning System (DEWS), a real-time drought-monitoring platform.
This is 62 per cent...
