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About 18 results for "ananda krishnan"

Aircel files for bankruptcy; blames competition, financial woes

Aircel files for bankruptcy; blames competition, financial woes

Malaysian billionaire T Ananda Krishnan's mobile firm Aircel today filed for bankruptcy protection from creditors, saying high debt and mounting losses, following a price war triggered by a new entrant, have led the company to troubled times. DNA, 2 weeks ago
Aircel files fo bankruptcy, 2 weeks ago

5 images for ananda krishnan

Business Standard, 2 weeks ago
MSN India, 2 weeks ago
MSN India, 2 weeks ago
DNA, 2 weeks ago
Business Standard, 2 weeks ago
Business Standard

Malaysia’s MAXiS TO LOSE $7 billion over Aircel bankruptcy

Bloomberg THE company of Malaysian tycoon T Ananda Krishnan (in pic) is poised to lose a total of about $7 billion from a failed 12-year foray in the Indian wireless market, marking his biggest hit on a soured investment, people with knowledge of the matter ...
 The Financial Chronicle2 weeks ago Malaysian mogul T Ananda Krishnan to lose $7 bn due to failed Aircel foray  Business Standard2 weeks ago Malaysian tycoon said to lose $7 billion on Aircel foray  MSN India2 weeks ago

A long legal battle awaits Chidambarams

A long legal battle is in the offing for senior Congress leader P Chidambaram and his son Karti as the father-son duo are in the radar of the probe agencies in another case concerning the Aircel-Maxis deal. While Karti was arrested in connection with the INX Media case in which the Central Bureau of Investigation has alleged that he was paid $1 million (Rs 65 crore) bribe by the media company through foreign entities, Chidambaram's role in granting Foreign Investment Promotion Board approval ...
 Rediff.com2 weeks ago

Aircel Blames Jio For Their Bankruptcy; Idea Finally Launches 4G, But Only For Employees!

March is an important month for the business community, as a new financial year starts at the end of it, and new beginnings are planned. For the telecom industry, the month has begun on a sad note. India’s 6th largest telecom company Aircel has finally ...
 Trak.in2 weeks ago

Aircel considering bankruptcy as Rs 15500 crore debt restructuring goes awry; customers complaint of issues with porting out

Highlights: Difficult time for 5000+ employees Aircel hasn't paid lenders and service providers since September 2017 Customers have tough time in porting Aircel Telecom could perhaps become India's fourth telecom company to halt services in the past three ...
 Sify3 weeks ago

Aircel Will File For Bankruptcy; Idea Launches Rs 109 Plan For 1GB/Day!

As per incoming reports, Aircel has become 4th telco to vanish off the radar, after brutal Jio tsunami hit the Indian telecom sector. Unable to cope with the debt of Rs 15,000 crore, Aircel will soon file for bankruptcy, and maybe dissolve all their existing ...
 Trak.in3 weeks ago

Idea 'punishes' Aircel over unpaid dues

Services to be restored only once Aircel clears dues Idea Cellular has said it has suspended interconnect services to Aircel because the latter did not “pay its dues”.   “Despite several reminders for releasing the dues since November 2017, the operator has failed to meet its payment commitments, forcing Idea to suspend interconnect services,” Idea said in a statement. Idea would restore interconnect services once Aircel cleared its dues, it said. “Idea ...
 Rediff.com1 month ago

Aircel-Maxis case: Supreme Court seeks ED reply by March 8

The Supreme Court on Tuesday sought a report from the Enforcement Directorate (ED">ED) on the Aircel-Maxis case by March 8. The Apex Court has further adjourned the matter for March 8. A bench of the top Court, headed by Justice Arun Mishra, was hearing the ...
 catchnews.com1 month ago Aircel-Maxis case: SC seeks ED reply by Mar 8  Business Standard1 month ago CJI Misra recuses from hearing Aircel-Maxis case  catchnews.com2 months ago

ED found nothing, so took few documents to justify themselves, says P Chidambaram

Congress leader and former finance minister P. Chidambaram on 13 January said that the Enforcement Directorate (ED) officials found nothing during the raid at his son's Karti Chidambaram's residence, therefore, took away a few documents to justify themselves.
 catchnews.com2 months ago Nothing was found, nothing was seized: Chidambaram's lawyer on ED raids  catchnews.com2 months ago P Chidambaram terms ED raids on son Karti’s houses as ‘comedy of errors’  DNA2 months ago
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