News & Events | CAV Advisory

Nov 3, 2019
Ravi Shankar Prasad directs BSNL, MTNL to proceed quickly on VRS, asset monetisation plans

NEW DELHI: Telecom Minister Ravi Shankar Prasad has directed BSNL and MTNLNSE 4.97 % to implement VRS guidelines quickly and initiate proactive measures to monetise assets in a time-bound manner, while making it clear that they have to become more aggressive in the telecom market, sources said. A government official privy to the development said […]

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Nov 3, 2019
Telco bailout will be contempt of SC; will set bad precedent: Jio to Ravi Shankar Prasad

KOLKATA: Reliance Jio has shot off a second letter to telecom minister Ravi Shankar Prasad to build pressure on the government, saying the latter does not have any legal ground to grant relief to Bharti AirtelNSE 2.05 % and Vodafone IdeaNSE 5.81 % on payment of statutory dues based on adjusted gross revenue (AGR). The […]

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Nov 3, 2019
WhatsApp says alerted govt of spyware attack in September too; IT Min says past info was inadequate

NEW DELHI: WhatsApp had informed the Indian government in September that 121 Indian users were targeted by the Israeli spyware Pegasus, but IT ministry has contended that the information received from the messaging app earlier was inadequate and incomplete, according to sources. Sources at WhatsApp said the messaging platform has now responded to the government’s […]

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Nov 3, 2019
Two parliamentary panels to take up WhatsApp snooping case

Two parliamentary panels headed by Congress leaders have decided to examine the WhatsApp snooping case and will seek details from top government officials including the Home Secretary. Facebook-owned WhatsApp on Thursday said Indian journalists and human rights activists were among those globally spied upon by unnamed entities using an Israeli spyware Pegasus. Describing the entire […]

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Nov 3, 2019
Yes Bank’s asset-quality woes to continue: Report

Emkay Global Financial ServicesNSE -2.15 % has said in a recent report that Yes Bank’s asset- quality woes may continue. After Yes Bank reported a weak set of results last week, the report said that the company needed “regular capital dose to thrive.” Emkay said that Yes Bank’s fresh NPAs “were sky-high at Rs 59 […]

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Oct 17, 2019
No better place for investors than democracy-loving, capitalist-respecting India: FM Sitharaman

WASHINGTON: Investors can find no better place in the world than India that has a democracy loving and capitalist respecting environment, Union Finance Minister Nirmala Sitharaman has said. She also assured international investors at an interaction session at the IMF’s headquarters that the government was continuously working to bring reforms. “It (India) is one of […]

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