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DCC for review of Airtel, Voda fine amount

DNMUM437873 | 6/18/2019 | Author : DNA Money Correspondent | WC :271

New Delhi: Digital Communications Commission (DCC) on Monday approved the imposition of penalty on incumbents Bharti Airtel, Vodafone and Idea Cellular (now Vodafone Idea) for not providing points of interconnection (PoIs) to Reliance Jio.
The Commission did not approve of Rs 3,050 crore penalty as suggested by Telecom Regulatory Authority of India (Trai) and referred it back seeking fresh views on the penalty amount, considering financial stress in the telecom sector. An amount of Rs 1,050 crore was imposed as a penalty by Trai on both Airtel and Vodafone India, while another Rs 950 crore was imposed on Idea Cellular. Vodafone India and Idea Cellular have merged their operations into a single entity Vodafone Idea.
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Reliance says main KG-D6 gas fields in ‘late life stage’
DNMUM439650 | 7/22/2019 12:00:00 AM | Author : DNA Money Correspondent | WC :462

Mumbai: To reverse the decline in production of natural gas fields in KG-D6 block in Bay of Bengal, Reliance Industries (RIL) said it is likely to start production at the three new sets of discoveries in the block by mid-2020.
The production decl
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Air India asked to freeze appointments, promotions
DNMUM439651 | 7/22/2019 12:00:00 AM | Author : DNA Money Correspondent | WC :486

Mumbai: Even as the process for disinvestment of national carrier Air India is already set in motion, the government has asked the airline management to start new flights only if it is extremely necessary after due diligence of commercial interest. <
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‘Many iron ore mines will be auctioned in Mar 2020’
DNMUM439652 | 7/22/2019 12:00:00 AM | Author : Swati Khandelwal | WC :905

Sandeep Kumar, managing director, Tata Metaliks, speaks about the quarterly performance of the company, impact of iron ore prices on the margins and availability of coking coal during an interview with Swati Khandelwal.

Tata Metaliks has post
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Look at claims settlement ratio while buying term insurance plan
DNMUM439658 | 7/22/2019 12:00:00 AM | Author : Abeer Ray | WC :1019

Though an increasing number of people are now realising the value of term insurance, a major percentage of the Indian population continues to be ignorant about the new term insurance plans sold by both public and private players in the market. This,
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