Telecom Can't Afford Duopoly: Jindal Asks Govt To Ensure Voda Idea Survives
Sajjan Jindal, chairman of JSW group, has come out in support of beleaguered telecom company Vodafone Idea.
“In telecom, consumers will be at a disadvantage with only two players left in the game if Vodafone-Idea were to close down. Government must in some way facilitate the survival of Vodafone-Idea as a third competitor. #VodafoneIdea @PMOIndia @FinMinIndia,” Jindal tweeted on Friday.
Vodafone Idea’s net worth has completely eroded and it faces Rs 58, 254 crore adjusted gross revenue liability. The company has indicated that its ability to continue as a going concern depends upon favourable outcome of Supreme Court order.
ClearBank UK Profit Leads To European Growth
ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more
Bank Of London Continues To Rebuild
ClearBank’s progress shows that modern clearing and banking infrastructure can become a sizeable and profitable busine... Read more
JPMorgan's Berlin Moment: Chase Takes On Europe
There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more
What Strategy's Bitcoin Sale Really Tells Us
There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more
Coutts Sets Scope On New Continent
Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more
From Cypherpunk To Citadel
How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more