Kalaignar TV moves Madras High Court against income tax proceedings related to 2G spectrum case

Kalaignar TV moves Madras High Court against income tax proceedings related to 2G spectrum case

Kalaignar TV office. File | Photo Credit: R. Ragu The 18-year-old alleged 2G spectrum scam has come back to haunt Kalaignar TV Private Limited, with the Income Tax (I-T) department reviving its inquiry into the receipt of ₹200 crore by the television channel during the assessment years 2009-10 and 2010-11. The Madras High Court has, … Read more

Birla offers to hand over Vi stake to keep telco afloat

Birla offers to hand over Vi stake to keep telco afloat

Aditya Birla Group (ABG) chairman Kumar Mangalam Birla had nearly two months ago offered to hand over the group’s 27.66s% stake in Vodafone Idea (VIL) to any public sector or domestic financial entity who could keep the company afloat, while asserting that without immediate government support, the telco would be driven to an irretrievable point … Read more