Connect with us

Business

Cabinet may consider relief package for telecom sector on September 15

live bse live nse live Volume Todays L/H More × The relief package under consideration includes telecom firms getting an option to convert interest on spectrum dues of the four-year moratorium period into government equity, three sources with the knowledge of the development said. Some within the government are, however, questioning using taxpayer money to bailout telcos who had failed to provision for statutory dues during the pendency of legal cases. Sources said that the measures will be prospective, and will pave the way for reforms in the sector.

View Full Article

Disclaimer

This news content is a computer generated summarized version of the original article and the authenticity of the original content has not been verified. Please click on the View Article button to refer to the actual content. 

Trending