Norwegian Telecom major Telenor has said that lenders of its Indian arm Uninor have issued default notices to the firm for payment.

According to latest quarterly result statement issued by Telenor, a

India's market leader Bharti Airtel has reported a 10th straight decline in quarterly profits. Overcrowding has forced prices to rock bottom, and an uncertain regulatory environment is preventing consolidation.

The Company Law Board on Thursday stopped telecom operator Uninor from auctioning its assets.

"I allow the application and injunct the respondent (Uninor) from taking any steps whatsoever in pursu

The Delhi High Court on Monday modified a Company Law Board (CLB) order and allowed Uninor to receive till August 8 the expressions of interest (EoI) from bidders interested in purchasing the telec

Telenor's Indian mobile phone joint venture gained approval from the majority of its board members to auction off the business, deepening a row between the Norwegian carrier and local partner Unitech

Uninor on Tuesday said it will scale down operations in four telecom circles - Tamil Nadu, Kerala, Karnataka and Orissa, while sharpening focus on 9 other areas in view of continuing uncertainty over spectrum auction.

Norway-based telecom giant Telenor ASA has narrowed down operating losses of its Indian operations to 619 million Norwegian krone (Rs 569 crore) in the April-June quarter of this year.

Frustrated by a lack of opportunities in India, Germany's Fraport, the world's No. 2 airport operator, is shutting its development office in the country, the latest in a growing list of companies exit

A ministerial panel decided to auction a higher number of slots in an upcoming sale of second generation (2G) radio airwaves than that proposed by the Telecom Regulatory Authority of India (TRAI), a g

Norwegian firm Telenor on Thursday said it is in discussions to rope in a new partner for its telecom business in India before the government auctions the spectrum.

The company's Indian unit Uninor