aircel

The Enforcement Directorate has secured clearance from the home ministry to prosecute former finance minister P. Chidambaram in the aircel-Maxis and INX Media money laundering cases. These proceedings, pending for nearly 15 years due to multiple legal challenges, center on ED’s claims of irregular FIPB approvals and alleged receipt of illicit payments.

The Enforcement Directorate has filed a prosecution sanction order against former Union Finance Minister P Chidambaram in the aircel-Maxis money laundering case. This move follows a Supreme Court ruling and aims to expedite the pending trial. The ED alleges Chidambaram granted FIPB approval for the deal in lieu of quid pro quo, with alleged illegal gratification received by his son.

The telecom service provider aircel has warned its more than 5,000 employees to be ready for "difficult, times as the company is struggling with serious funding issues, in the face of intense competition.

Facing network issues, a spokesperson told TOI that aircel was facing some issues and they were trying to resolve it. According to some users, they were neither able to make a call nor receive and they termed it as the first step towards total closure of services.

aircel is working hard to shake off its regional player tag with ambitious plans in place to become the most recognized new pan-India GSM operator before the end of 2010 and triple its subscriber base to 100 million.

In an interview to Rajesh Chandramouli, Sivasankaran says the Supreme Court verdict tells the world that he was forced to sell aircel.

To offer innovative and value for money products and services to its customers, aircel, a leading mobile service provider has expanded its retail footprint across the country by setting up 200 XPRESS Stores.

Customers of aircel blocked roads in Trichy on Tuesday as employees of the troubled telecommunication operator were not reachable to provide mobile number porting service.

GTL Infrastructure and mobile telephone operator aircel are sparring over a mega tower deal gone sour.

Vodafone has blocked all short messaging services (SMSs) to the aircel network over the issue relating to non-payment of termination charges. Airtel had already blocked aircel just before Diwali.

Shares of GTL Infrastructure slumped as much as 20 per cent in morning trade today after it said the impact of aircel's insolvency will be materially adverse for the company. Shares of the company plunged 19.85 per cent to a low of Rs 3.11 on the BSE.

GTL Infra and aircel are close to an agreement under which the mobile telephony operator would pay Manoj Tirodkar’s tower company Rs 1,800 crore for failing to meet certain business obligations, said people directly familiar with the matter.

aircel, one of India’s leading innovative mobile service providers, recently promoted its ‘aircel Ka Vada, Hamesha Zyada’ campaign to the diverse rural audiences of UP East through a series of ‘nukkad nattaks.’

Chennai, Dec 10 () Telecom operator aircel would continue offering best value for money plans to customers and look at opportunities in the data space, particularly in Tier II and III cities of Tamil Nadu, a company official said. "We have a very positive outlook in Tamil Nadu..

CBI has questioned former finance minister P Chidambaram on whether he facilitated Foreign Investment Promotion Board (FIPB) clearance for the controversial aircel-Maxis deal.

Also, in a major relief to the harried subscribers, the regulator has allowed them to port out of the aircel network even if they are yet to complete the mandated 90-day period with the operator, Trai sources told TOI.

Malaysian telecom service provider aircel today said it has signed a 10-year tower-sharing agreement with state-owned Bharat Sanchar Nigam Ltd (BSNL).

Telecom major, aircel has offered free calls to all its postpaid and prepaid J&K customers for the next two days, the 10th and 11th of September 2014, in its support towards the natural calamity faced in J&K.

aircel, one of India's leading innovative mobile service providers, recently promoted their 'aircel Ka Vada, Hamesha Zyada' campaign to the diverse rural audiences of UP East through a series of Nukkad Nattaks.

aircel, one of India’s leading innovative mobile service providers announced its partnership with Gabi Life, a leading apparel design brand, to garner support for aircel’s ‘Save Our Tigers’ initiative. Under this partnership, Gabi Life will design and manufacture merchandize incorporating ‘Stripey’ — the cub.

New Delhi, Jul 8 () Activist-lawyer Prashant Bhushan today demanded immediate freezing of spectrum held by aircel, alleging that its Malaysian parent Maxis will "abscond" if the proposed deals with Airtel and RCom are allowed to go through.

One of the leading telecom operators, aircel launched a service – mobile backup solution, which enables its customers to take their mobile backup on cloud storage and use it on multiple devices. aircel subscribers are able to back up their contacts, messages, images, videos, audios and other files.

Angered by the continuing failure of Malaysian businessman T Ananda Krishnan, who has a significant stake in aircel-Dishnet, to heed the summons issued to him, the Supreme Court on Friday renewed its threat to scuttle the proposed merger of the service provider with Reliance Communications and ask the Centre to auction the spectrum allotted to it if he did not submit himself to Indian law.

Amid the news of aircel facing financial difficulties, many telecom tower companies who tie-up with aircel has cut the network service. Due to this, lakhs of aircel customers across India are facing issues such as frequent call drops.

aircel, one of the leading mobile service providers in India has announced its association with one of the biggest team of Indian Super League (ISL) - Atletico De Kolkata – as its principal sponsor.

The government has ordered a probe by the Serious Fraud Investigation Office (SFIO) against distressed telecom operator aircel and its arms aircel Cellular and Dishnet after receiving several complaints against operations of the former.

Former finance minister P Chidambaram was again grilled by the Enforcement Directorate officials on Friday for over six hours in connection with the aircel-Maxis money laundering case. This is his third appearance before the agency in last the few months.

When it comes to the number of disputes of phone billing, aircel, Vodafone and Idea Cellular fared the worst in several service areas during the quarter ended December 2012, according to a report by regulator Trai.

DoT told the tribunal that it would be appropriate for aircel & RCom to take permission from SC since the issue with regard to 2G spectrum of aircel is pending there.

Mumbai, Aug 14 () The National Company Law Tribunal (NCLT) today admitted a petition filed by Reliance Communications for its merger with smaller rival aircel.