Airtel has announced more maternity benefits for women staffers under its new leave policy, hiking maternity leave for women staffers to 22 weeks from 12.
In line with its vision of encouraging gender diversity, Telenor India has over 11% female employees, well above the telecom industry average of under 3%.
The COAI and Auspi had filed separate special leave petitions in the Supreme Court seeking a stay on the sector regulator’s directive until the matter is adjudicated.
Bharti Airtel had reported a 10.6% on-year decline in its consolidated operating free cash flows at Rs 2966.6 crore during the third quarter.
Mathews added that the Trai regulation is impossible to implement, especially as it is not possible to accurately determine who is at fault for a dropped call.
Trai has given phone companies until Monday to submit a compliance report on compensating users for call drops, failing which action will likely be taken.
Rating agency Fitch affirmed Reliance Communications’ long-term foreign-and local-currency issuer default ratings (lIDR) of 'BB-', indicating a stable outlook.
If telcos agree to comply with Trai's regulation, their collective monthly payouts towards compensation for call drops could range between Rs 830 crore and Rs 4,500 crore.
Idea can skirt the additional service tax levy is by closing the spectrum trading deal with Videocon by May 31 latest, since the new rule will be effective June 1.
Mobile operators are ready to challenge a Delhi High Court order in Supreme Court over compensating consumers for call drops.
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