Faced with AGR dues worth Rs 43,000 crore to the government, the board of telecom giant Bharti Airtel on Wednesday approved a plan to raise $3 billion via various modes including Qualified Institution Placement (QIPs), stake sale and debt papers.
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Watch Bharti Airtel board okays proposal to raise $3 billion via debt, equity With HD Quality.
Faced with AGR dues worth Rs 43,000 crore to the government, the board of telecom giant Bharti Airtel on Wednesday approved a plan to raise $3 billion via various modes including Qualified Institution Placement (QIPs), stake sale and debt papers.
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Watch Bharti Airtel board okays proposal to raise $3 billion via debt, equity With HD Quality
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Jet Airways on Thursday posted a loss of Rs 587.77 crore for the quarter ended December 31 against profit of Rs 165.25 crore in the corresponding quarter last year. Revenue stood at Rs 6,147.98 crore in Q3FY19 over Rs 6,086.20 crore in Q3FY18. Its shareholders are in the process of finalising the debt resolution plan. Lenders led by SBI initiated the comprehensive plan under the RBI circular on February 12 last year.
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Dosto aj ke video mei bataya hu ki agar aap Airtel Payment bank use karye hai to aaplogo ke liye notice hai jo Airtel ne apne customers ko notice diya hai.
In its strongest action yet, the UIDAI has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers using eKYC process as well as e-KYC of payments bank clients. The action follows allegations of Bharti Airtel using the Aadhaar-eKYC based SIM verification process to open payments bank accounts of its subscribers without their ‘informed consent’. UIDAI also took strong objection to allegations that such payments bank accounts are being linked to receive LPG subsidy. UIDAI, in an interim order, “suspended e-KYC licence key of Bharti Airtel Ltd and Airtel Payment Bank Ltd with immediate effect,” sources with direct knowledge of the development said. This essentially means Airtel would not be able to, in the interim, carry out ‘electronic-verification’ or link mobile SIMs of its customers with their 12-digit biometric national ID Aadhaar though the efficient and paperless eKYC (or electronic Know Your Customer) process of UIDAI.
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