Summary: New Delhi [India], July 3 (ANI): The Supreme Court on Wednesday agreed to hear on July 8 a plea filed by the Union of India (UOI) against Telecom Disputes Settlement and Appellate Tribunal's (TDSAT) stay on demand of Rs 9000 crore for approving Bharti Airtel's acquisition of
Tata Teleservices (TTSL).
New Delhi: Tata Sons wrote off its investment of Rs 28,651.69 crore in
Tata Teleservices, according to a regulatory filing.
T ATA Group firm
Tata Teleservices has sacked 500- 600 employees amid fierce competition in the telecom sector triggered by billionaire Mukesh Ambani- led Reliance Jio's disruptive pricing which includes free calls and dirt- cheap data.
Tata Teleservices, the enterprise telecom subsidiary of the Tata group, has its eyes set on SMEs to propel its growth trajectory.
Vendor:
Tata Teleservices Ltd., SREI Infrastructure Finance Ltd
(NYSE: AMT), India's
Tata Teleservices Ltd., and SREI Infrastructure Finance Ltd.
Srinath, Managing Director,
Tata Teleservices Limited, added, "The deployment of Wi-Fi services in one of the biggest public open-areas in the city is a nod to the emerging trends of data consumption, especially by millennials.
Despite the Tata Group deciding to bow out of the banking sector, the firm's unit,
Tata Teleservices, is going ahead with its plans in the mobile payments business, especially in the retail segment.
He is also a Director of Tata Industries Limited, Tata Steel Limited, Tata Power Company Limited,
Tata Teleservices Limited and Tata Consultancy Services Limited.