Airtel bullish on 35% RMS, could gain big at Vodafone Idea's cost
Monday, December 9, 2019, 8:52 PM
Bharti-Airtel is confident it can grab 35% RMS, up from 32% at present, said analysts, and would stand to make stronger-gains at Vodafone Idea's cost in case there is no-relief from the government or court on AGR-dues. According to Goldman-Sachs, Airtel, which has to pay over Rs.35,500-crore of statutory-dues, is hoping for some relief, including waivers on the amount or moratorium/deferment of payment.
Cash-strapped BSNL chasing dues of Rs 3,000 crore from biz clients
Sunday, August 11, 2019, 7:20 PM
Battling severe liquidity crunch, BSNL plans to aggressively chase outstanding dues from its enterprise clients and is hoping to recover the bulk of over Rs 3,000-crore receivables in the next two-three months, its chairman said. The move comes at a time when BSNL is facing mounting pressure on its financials, and it even delayed payment of employee salaries for the second time this year.